On Wednesday, the stock market cheered the debt ceiling deal in Congress. The Dow gained 206 points and all the major indexes closed higher.
Investors of course have been watching the showdown in Washington very closely, since a default could have been a global financial disaster. At the same time, economists are trying to figure out how much the jitters and uncertainty over all this has been hurting the economy.
The government shutdown should end tonight and America should be able to pay its bills. Both the House and Senate will vote this evening on legislation to achieve those goals. For months, President Obama has said he would not negotiate with Republicans in Congress about Obamacare or the federal deficit until those goals were met. After weeks of stalemate and more than two weeks into a partial shut down of the federal government, the GOP met his demands.
Virginia Republican Scott Rigell was elected to the House of Republicans in the Tea Party wave of 2010, but in recent days, he's argued for compromise. When I reached Congressman Rigell earlier today, he was already certain how he'd vote on this Senate deal.
Politicians and pollsters alike are watching to see how all this plays out. The Pew Research Center has just finished a poll to gauge the effect the shutdown and the debt ceiling debate have had on the Tea Party's image.
And joining us is Michael Dimock, director of Pew. Welcome back, Michael.
MICHAEL DIMOCK: Thanks for having me.
CORNISH: So, before we get into the numbers, just give us a snapshot of what you would consider your average Tea Party conservative. Who are they?
With hours left before the U.S. Treasury could start defaulting on its obligation, House Speaker John Boehner finally appears to have relented to allow an end to the standoff using a mix of Democratic and Republican votes.
In New York there is no shortage of artists. But recently, one artist caused a flurry of excitement around the city. Banksy, elusive, British and best known for his graffiti art, and for the month of October he staged what he calls a residency on the streets of New York. Everyday, he unveils a new work on his website and identifies the neighborhood it's in, but not the exact address.
Stephen Nessen, with member station WNYC, caught up with one of several Banksy fans who are racing to be the first to locate the daily street art.
Originally published on Wed October 16, 2013 4:33 pm
Wednesday is World Food Day, an occasion food activists like to use to call attention to world hunger. With 842 million chronically undernourished people on Earth, it's a problem that hasn't gone away.
This year, activists are trying to make the day a little spicier with pots full of disco soup to highlight the absurd amount of food thrown away that could feed people: one-third of all the food produced every year.
Originally published on Wed October 16, 2013 2:48 pm
The stereotype of caring for a family member is that it's so stressful it harms the caregiver's health. But that's not necessarily so.
Studies are conflicted, finding that caregiving can harm or help the caregiver. Here's one on the plus side. A study finds that people who care for a family member live longer than similar people who aren't caregiving.
Elizabeth Taylor and Richard Burton were the real-life star-crossed lovers of the 1960s and '70s. No relationship better merited the adjective "tempestuous," and of none was that word more often uttered.
BBC America offers a dramatized glimpse of the relationship in its movie Burton and Taylor. The film focuses not on the couple's scandalous beginnings when they met filming the 1963 movie Cleopatra, but rather on their public curtain call as a couple, the 1983 Broadway revival of Noel Coward's play Private Lives.