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Economy
4:29 pm
Tue July 22, 2014

Inflation Came In Low Again, But Are There Bubbles?

Federal Reserve Chair Janet Yellen testifies before the Senate Banking Committee on July 15. She said the Fed is likely to keep interest rates low "for a considerable period" since inflation remains so tame.
J. Scott Applewhite AP

Originally published on Tue July 22, 2014 4:39 pm

Want to borrow money for a car or a home this fall?

Oddly enough, the interest rates available months from now for big-ticket items may be determined by the prices you pay today for everyday consumer goods. When store prices are rising rapidly, policymakers start pushing interest rates higher, too.

But for the moment, at least, inflation appears mild enough to keep interest rates low for a long while.

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The Two-Way
4:15 pm
Tue July 22, 2014

9/11 Commission Issues An Update On Anniversary Of Report

Originally published on Tue July 22, 2014 5:17 pm

Ten years after its landmark report on terrorism, the 9/11 Commission has released an update in which it notes continued problems. But in 2014, the dangers have shifted geographically — and online, the commission's former members say.

Noting that the world has changed "dramatically" since 2004, the report's authors write that "Al Qaeda–affiliated groups are now active in more countries than before 9/11."

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Law
4:14 pm
Tue July 22, 2014

Newark Police Placed Under Federal Microscope For Rampant Misconduct

Originally published on Tue July 22, 2014 8:17 pm

After a lengthy investigation, the U.S. Justice Department has found that the Newark Police Department, the largest in New Jersey, has frequently violated residents' civil rights and engaged in unreasonable use of force. Sarah Gonzalez of WNYC reports that the department will be placed under federal oversight.

Law
4:14 pm
Tue July 22, 2014

Obamacare's Split Decisions Spell Law's Possible Return To Supreme Court

Originally published on Tue July 22, 2014 8:17 pm

Two different U.S. appeals courts issued opposing verdicts on the Affordable Care Act, one striking down a crucial component of the law while another upheld the same component. NPR's Mara Liasson unravels the political consequences of the conflicting decisions.

Law
4:14 pm
Tue July 22, 2014

Obama's Health Care Law Has A Confusing Day In Court

Originally published on Tue July 22, 2014 7:10 pm

Another wild legal ride for Obamacare on Tuesday: Two U.S. Court of Appeals panels issued conflicting decisions on an issue with the potential to gut the health care overhaul.

The two rulings could lead to another U.S. Supreme Court showdown over the controversial law, all because of what one of the law's opponents initially called "a glitch."

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