Originally published on Wed August 1, 2012 1:39 pm
Three years into the economic recovery, the unemployment rate is still disastrously high. So today's big economic question is whether the Federal Reserve will announce new measures to bring down unemployment when it releases its policy statement this afternoon.
Update: The new statement is out. The Fed isn't doing anything new right now.
Originally published on Wed October 17, 2012 10:03 am
As a radio producer, I've been trained to never let a piece begin with the sound of a person's breath; it's sloppy. So when I first heard the remix of Hot Chip's "Look At Where We Are" by Four Tet, the tape-cutter in me dove for the delete button. Right before the music starts, you can clearly hear a sharp intake of air from singer Alexis Taylor.
Plenty To Smile About: Weightlifter Maiya Maneza of Kazakhstan celebrates on the podium with her new 400-gram gold medal, matching the feat of her compatriot Zulfiya Chinshanlo. The Kazakh Olympians will each receive a $250,000 bonus.
Weighing 400 grams, the Olympic gold medals that are being doled out at the London 2012 Summer Games are the heaviest ever, according to reports. But that doesn't mean they're the most valuable: at an estimated $620.82, they're nearly $590 short of the $1,207.86 value held by a gold medal from the Stockholm Games of 1912.
The discrepancy stems from the fact that the 2012 gold medals contain only 6 grams of gold; the rest is silver and copper. In fact, the London bling contains more copper than gold, which is only used to coat the medals with a plating layer.