Both housing and the stock market have been on the upswing in recent months. But a full recovery in the housing market would be more significant to the overall economy. That's because more Americans have something at stake in home values than in stock prices.
Despite the enormous destruction Hurricane Sandy caused to the Jersey Shore, realtors who specialize in the region say business has been steady. Plenty of home buyers and investors appear eager to jump into the market. Damaged homes and lots have been selling for discounted rates, while prices are inching up on houses that survived since there are simply fewer properties available.
Originally published on Mon March 25, 2013 6:34 am
RENEE MONTAGNE, HOST:
And police in Britain are piecing together the final days in the life of a Russian oligarch named Boris Berezovsky. They hope this may shed light on his sudden death this last weekend. Berezovsky used to be one of the wealthiest and most powerful men in Russia. Then he fell out with the Kremlin and sought asylum in Britain. NPR's Philip Reeves reports.
The U.S. Supreme Court hears arguments Monday in a case worth billions of dollars to pharmaceutical companies and American consumers. The issue is whether brand-name drug manufacturers may pay generic drug manufacturers to keep generics off the market. These payments — a form of settlement in patent litigation — began to blossom about a decade ago when the courts, for the first time, appeared to bless them.
As far back as he can remember, George McCann lived in fear. When he was asleep he would have horrific nightmares filled with violent images. When he was awake, he often felt threatened by people, including members of his own family. And when he felt threatened, he would become aggressive, even violent.
George spent his childhood certain that something very bad was going to happen. And when he was 12, it did. His unrelenting fears led to a violent outburst at school. And George landed in a psychiatric hospital.
Lawmakers in Riverhead, New York heard the voice of the people, a very loud boo. The town board made news by banning people from booing at meetings, which apparently met with criticism since Newsday reports they have revised the rule. You may boo at meetings now, but there is still a prohibition against disruptive behavior. So, how to boo without being disruptive? Maybe this way: Wait your turn to speak and then say: My name is Steve. Boo?