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It's All Politics
1:21 pm
Wed June 13, 2012

Obama Team: Household Net Worth Actually Rose During His Presidency

Credit Spencer Platt / Getty Images
Obama administration officials pointed to the 56 percent rise in the Dow Jones Industrial Average since January 2009, and rising 401(k) values as evidence that the personal balance sheets of many Americans have improved during his presidency.

Originally published on Wed June 13, 2012 2:12 pm

The nearly 40 percent drop in median household net worth between 2007 and 2010 the Federal Reserve reported earlier this week was unarguably an arresting statistic. It confirmed for millions what they already knew, that the Great Recession and its aftermath have been a financial setback with few parallels.

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The Two-Way
12:54 pm
Wed June 13, 2012

CNN Is Canceling Politics Show 'John King, USA'

Credit Ross D. Franklin / AP
Moderator from CNN John King speaks to the crowd before a Republican presidential debate.

Originally published on Wed June 13, 2012 2:01 pm

CNN, which has been battered in the ratings game, announced today that it was canceling its politics show "John King, USA."

Wolf Blitzer's "The Situation Room" will expand to three hours at the end of this month to cover the gap.

The New York Times reports:

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The Two-Way
12:43 pm
Wed June 13, 2012

Metallica's James Hetfield Makes PSA For FBI To Help Find Fan's Killer

Originally published on Wed June 13, 2012 4:08 pm

Favorite Sessions
12:41 pm
Wed June 13, 2012

KCRW Presents: Kimbra

Credit KCRW
Kimbra performs on KCRW's Morning Becomes Eclectic.

Kimbra is only 22, but she already has everything it takes to become a huge success. The New Zealand singer is charming, beautiful, has a fantastic voice and steals the show whenever she's performing, including alongside Gotye in his ubiquitous hit "Somebody That I Used to Know." Her solo debut, Vows, is audacious and powerful, and she even treated us to a brand-new song — the super-funky "Come Into My Head" — when she visited our studios.

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The Two-Way
12:33 pm
Wed June 13, 2012

New Research: U.S. Is Warming, But Not Uniformly

Credit Climate Central
In red, are the states that have seen the highest temperature change.

Originally published on Wed June 13, 2012 4:09 pm

New analysis (pdf) of climate data finds that since 1912, the United States has warmed 1.3 degrees. But that warming is concentrated in certain states, some of which have "warmed 60 times faster than the 10 slowest-warming states."

All of that is according to Climate Central, a research and journalism non-profit that seeks to inform the public about climate and energy. The center looked at data from the National Climatic Data Center's U.S. Historical Climatology Network.

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