The new chairman of the Reserve Bank of India infused a sense of much-needed optimism this week, but analysts say the exuberance is unlikely to last. India's economic growth has crashed, its currency has plunged and prices are up. After a decade of high growth rates, India is now the sick man of Asia.
A satellite is scheduled to take off for the Moon Friday — carrying an instrument that could represent the future of deep space communication. Instead of sending data back to earth using radio waves, the Lunar Laser Communications Demonstration will use pulsed light waves.
There's been a sort of collective freak-out in the auto industry about millennials and their waning interest in cars. Our series, reporting on the changing relationship between youth culture and the automobile, draws to a close.
The interest rate on jumbo mortgages — those that exceed a government-set cap of $417,000 — has fallen below the rate for traditional loans. Mortgage industry observers say it's the first time this has happened.
Some G-20 members are worried the Federal Reserve will soon scale back the quantitative easing measures that helped to stimulate the U.S. economy during the Great Recession. An end to those policies might have a severe impact on countries such as Indonesia, which have benefited from the global economic growth that quantitative easing caused.
The jobless rate dipped to 7.3 percent in August as 169,000 jobs were added to public and private payrolls, the Bureau of Labor Statistics estimated. This report has taken on special significance because it could affect the Federal Reserve's plan to begin phasing out its bond-buying program.
Scientists looking back on last year's extreme weather events conclude that human-induced climate change didn't cause any of the events, but appears to have made some of them worse. The results are published in the Bulletin of the American Meteorological Society.
When disgraced former New York Governor Eliot Spitzer jumped into the race for New York City comptroller, no one seemed more surprised than the other Democrat in the race, Manhattan Borough President Scott Stringer. But Stringer didn't back down, and now polls show the primary race is too close to call.
Siskiyou County wants to break free of California and its high taxes. It wants to form its own state. Steve Inskeep talks to Michael Kobseff, a member of the county Board of Supervisors that passed a declaration this week to do just that.
Federal lawmakers have been unable to solve a widely acknowledged problem with the formula used to set the pay for doctors who treat Medicare patients. Now, after a series of temporary patches, a bipartisan solution may be at hand.
Saturday in Argentina, the International Olympic Committee will announce the host of the 2020 Summer Games. The committee is choosing from among Istanbul, Madrid and Tokyo. The contenders all have strong selling points, but each also has serious issues clouding its bid.
President Obama is trying to win congressional support for a limited military strike on Syria. Democrat Rep. Joe Manchin of W. Va. says Washington must "exhaust all diplomatic options" before it acts. Deputy National Security Adviser Tony Blinken tells Steve Inskeep he believes all options have been exhausted.
Deer Trail, Colo., is considering a plan to issue hunting licenses for people to shoot down drones. It's a protest against federal surveillance. And even though the proposal has not passed, the Denver Post says 983 people applied.
The Byler kids have started kindergarten — each in separate classrooms. Apparently it's been a tough transition. It's the first time the five brothers and one sister have been on their own since they were born.