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Business
3:02 am
Thu August 1, 2013

As Back-To-School Shopping Begins, Consumers May Turn Frugal

Chris Viehland helps her daughter Jenna try on shoes for the new school year at a Famous Footwear store in Fenton, Mo., Aug. 9, 2012.
Christian Gooden MCT/Landov

Originally published on Fri August 2, 2013 6:01 pm

As August begins, retailers are stepping up sales promotions to attract back-to-school shoppers. And several states are offering tax-free shopping to encourage purchases.

But most economists say this year's sales will be slower than last summer's because consumers have been coping with more expensive gasoline and higher payroll taxes.

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Code Switch
3:01 am
Thu August 1, 2013

To '60s Civil Rights Hero, Math Is Kids' Formula For Success

Bob Moses works with Jennifer Augustine, Guitoscard Denize, Darius Collins and other students who are part of this Algebra Project classroom. It's one of several student cohorts across the country where students who've struggled with math get to college-level by the end of high school.
Christopher Connelly NPR

Originally published on Fri August 2, 2013 6:01 pm

Bob Moses is 78, but he has the same probing eyes you see behind thick black glasses in photos from 50 years ago when he worked as a civil rights activist in Mississippi. The son of a janitor, Moses was born and raised in Harlem. He's a Harvard-trained philosopher and a veteran teacher.

He started a math training program — the Algebra Project — with a MacArthur "Genius Grant" 30 years ago. The goal is simple: Take students who score the worst on state math tests, double up on the subject for four years and get them ready to do college-level math by the end of high school.

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All Tech Considered
3:00 am
Thu August 1, 2013

Beyond .Com: Some See Confusion In Internet Domain Expansion

Suffixes like .org, .net and .com are the most common on the Internet today. But the Internet Corporation for Assigned Names and Numbers, which governs Web names, plans to add some 1,400 more, some ending in Arabic or Chinese characters.
iStockphoto.com

Originally published on Thu August 1, 2013 10:23 am

Starting this fall, the Internet Corporation for Assigned Names and Numbers, or ICANN, will begin rolling out 20 new suffixes, or top-level domains, every week. This will create new entrepreneurial opportunities, says ICANN CEO Fadi Chehade.

"Diversity to the domain name system is coming," he says.

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The Two-Way
8:52 pm
Wed July 31, 2013

Sold! First Parcels Auctioned For Future Offshore Wind Farms

The offshore wind farm in the North Sea near Borkum, Germany, is nearly complete. The Riffgat facility, seen here on June 23, includes 30 turbines, each with a generating capacity of 3.6 megawatts.
David Hecker Getty Images

Originally published on Fri August 2, 2013 6:01 pm

A Rhode Island company was the highest bidder in the federal government's first-ever auction for the right to build an offshore wind farm.

After 11 rounds, Deepwater Wind outbid two other companies for two patches of ocean off the coasts of Massachusetts and Rhode Island. The winning bid was $3.8 million.

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It's All Politics
7:43 pm
Wed July 31, 2013

Obama's Fed Pick Quandary: What Does It Mean For His Legacy?

Janet Yellen, vice chairwoman of the Federal Reserve, is under consideration to become the first woman to lead the Fed. President Obama reportedly is likely to choose between Yellen and former Treasury Secretary Lawrence Summers.
Franck Robichon EPA/Landov

Originally published on Thu August 1, 2013 9:56 am

Of all the legacies presidents leave behind, few are as important — yet as poorly understood in the moment — as their picks for chairman of the Federal Reserve.

Paul Volcker, credited with taming double-digit inflation through backbreaking high interest rates that contributed to the recession of the early 1980s, was among President Jimmy Carter's most consequential appointments.

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