As the French people celebrate their revolution on Saturday, Bastille Day, the founding principles — liberte, egalite and fraternite — seem to be alive and well.
New President Francois Hollande embraced equality on the campaign trail this spring. To reduce the French deficit, he proposed raising taxes on large corporations and the super-rich. The move helped his campaign take off, says Gerald Andrieu, a political journalist with Marianne magazine.
First-time claims for unemployment insurance benefits in Louisiana for the week ending July 7 increased from the previous week's total.
State labor department figures released Friday show initial claims rose to 3,960 from the previous week's total of 3,456. The figure was lower than it was for the comparable week a year earlier, when there were 4,053 initial claims.
The four-week moving average, which is a less volatile measure of claims, decreased to 3,714 from the previous week's total of 3,792.
Support group members Pamela Travis (from left), Dominique Martin, Yovanda Dixon, Shanna Chaney and Ramona Shewl hold a meeting as part of the Family Independence Initiative. The Oakland nonprofit encourages low-income families to form small groups to help each other get ahead.
Credit Pam Fessler / NPR
Yovanda Dixon washes vegetables in her San Francisco home to prepare a demonstration for her support group.
Credit Pam Fessler / NPR
Yovanda Dixon (left) shows fellow group member Pamela Travis some of the bath oils she sells outside a San Francisco grocery store as part of her business Scentuality.
Originally published on Fri July 13, 2012 11:33 am
For all the chatter that the winner of the 2012 presidential election will be determined by the economy, you wouldn't know it by looking at the most closely contested states.
The recovery is still tepid in most parts of the country, and there's a sense of trepidation that signs of improvement might not last. Among the swing states, some are doing comparatively well while others are struggling — but the political picture looks roughly the same in all.
Guest Host Maria Hinojosa talks with Kamala Harris, California's Attorney General about the state's newly passed "Homeowner Bill of Rights." The law, which was signed yesterday by Governor Jerry Brown, makes it harder for lenders to seize a property and allows homeowners to sue to stop a foreclosure process.
I'm Maria Hinojosa, and this is TELL ME MORE, from NPR News. Michel Martin is away. Coming up, murders in Chicago are on the rise. We'll ask why and what's being done about it. That's in a few minutes.
But, first, to matters of personal finance. Remember pulling yourself up by your own bootstraps? Well, economic mobility is getting tougher in this country, especially for the poorest people in our society. That's according to a new Pew Research report released on Monday.
SINGAPORE (AP) — Oil rose slightly to near $85 a barrel today, clawing back some of a large drop from the previous session amid hope that weak U.S. economic growth may trigger new stimulus measures.
The Labor Department on Friday said the U.S. economy added 80,000 jobs last month, which was fewer than expected and prompted speculation that the U.S. Federal Reserve may implement more monetary stimulus measures known as quantitative easing.
Last week, the European Central Bank and the People's Bank of China both cut lending rates in the bid to boost flagging economic growth.
Recovery has been creeping at a slow pace for much of the American economy, but sales by US auto makers have revved up. Chrysler and General Motors both saw double digit growth in June, and Ford wasn't too far behind. Guest host Maria Hinojosa and NPR's Sonari Glinton talk about what's driving the rise.