Every day at 11 a.m., a few big banks tell the British Bankers' Association what it costs them to borrow. Out of that comes LIBOR â€” the London Interbank Offered Rate, a dull but vital interest rate that underpins trillions of dollars of transactions globally, from home mortgages and personal credit cards to major corporate lending.
Mingo County, deep in the southwest corner of West Virginia, has sent a "protest vote" to the attention of President Obama. In the May 8 Democratic primary, voters chose a man named Keith Judd to run for president. He got 61 percent of the vote.
Judd won't be available. He's serving a 17-year sentence for extortion. From prison in Texas, he managed to file the papers, pay the fee and get on the West Virginia ballot.
Place Me is a mobile app that automatically checks users into locations and keeps a running history of where they've been and gone. Alexis Madrigal, senior editor at The Atlantic, takes it for a spin around the block to see how accurate the app really is.
New Orleans became a blank slate after Hurricane Katrina struck in 2005. And ever since, entrepreneurs have rushed in to experiment with new ideas for building and running a city.
Among them is a startup called Neighborland.com, a social media tool for sharing ideas to make your neighborhood better. After signing in to Neighborland, you can find your neighborhood and post your idea. The posts all start with "I want," and you fill in the rest.
Afghanistan desperately needs to jump-start its economy if it hopes to stand on its own after NATO's drawdown in 2014. But there's a major constraint for a country trying to build a modern economy: electricity shortages.
Afghanistan ranks among the countries with the lowest electricity production per capita in the world. Despite billions of dollars in projects over the past decade, at best one-third of the population has access to regular power.
"We had two shows that night," says Bobby Womack, recounting a recent concert in Houston. "It was a small theater, about 5- or 6,000 people. The second show, I was just out of it; they had to take me to the hospital."
It was a serious scare for the 68-year-old singer-songwriter â€” who has also lived through drug addiction and the deaths of two sons â€” and it didn't end that night.