Weekend All Things Considered

Weekends at 4pm
Guy Raz
Genre: 
Composer ID: 
5187c8b0e1c86bcc976c2313|5187c825e1c86bcc976c2210

Pages

4:24pm

Fri June 14, 2013
Business

Housing Market Watchers Edgy As Mortgage Rates Keep Climbing

Originally published on Fri June 14, 2013 5:12 pm

Home values have been rising in recent months, but mortgage rates have taken a rapid turn upward as well. Some investors are worried that the housing recovery may stall if mortgage rates jump too quickly.
Gene J. Puskar AP

Mortgage rates have seen a relatively sharp rise this month. The average 30-year fixed-rate loan hit 4 percent earlier in June — a big jump from the record lows of recent years. Some investors are now concerned that the housing recovery could be stifled if rates continue to rise quickly.

The Federal Reserve has two main missions: to maximize employment and minimize inflation. Right now, there are few, if any, signs that prices for goods are spiking, and the job market is still crawling out of its long, deep slump.

Read more

4:23pm

Fri June 14, 2013
Code Switch

11-Year-Old Keeps Singing In Face Of Hate

Originally published on Fri June 14, 2013 6:59 pm

Sebastien de la Cruz gave an encore performance of "The Star-Spangled Banner" before the NBA Finals game on Thursday.
David J. Phillip AP

It's not often an 11-year-old boy gets to sing the national anthem twice during the NBA Finals.

But, as our friends at The Two-Way reported, it's been a surprising week for Sebastien de la Cruz of San Antonio.

Read more

2:51pm

Fri June 14, 2013
Deceptive Cadence

Playing Mozart — On Mozart's Violin

Originally published on Mon June 24, 2013 12:21 pm

Violinist Amandine Beyer holds Mozart's own violin backstage at Boston's Jordan Hall on Monday.
Kathy Wittman Courtesy of the Boston Early Music Festival

The violin and viola that Wolfgang Amadeus Mozart played himself are in the United States for the first time ever. The instruments come out of storage only about once a year at the Salzburg Mozarteum in Austria. The rest of the time, they're kept under serious lockup.

Read more

2:15pm

Fri June 14, 2013
Planet Money

When People Make Their Own Banks

Originally published on Fri June 14, 2013 5:12 pm

Harlem funeral directors Tamara Bullock and Patricia Hamilton are going to spend their next savings-club payout on a sky-diving trip (unless Bullock can get out of it).
Marianne McCune NPR

Miguelo Rada doesn't seem like the kind of guy who'd have extra cash. He just spent 32 years in prison, he lives in a halfway house in West Harlem, and his current income comes only from public assistance.

He uses food stamps for food, wears hand-me-down clothes and buys almost nothing. He is also an unofficial bank.

"If somebody asks me, 'Can I borrow $20?' If I have it I'll say, 'Here!' " he says.

This kind of borrowing is one way people do what economists call "consumption smoothing" – basically making spending more regular, even when income is not.

Read more

1:24pm

Fri June 14, 2013
The Salt

New Blood Sparks Identity Crisis For Fraternal Group Of Farmers

Originally published on Fri June 14, 2013 5:12 pm

"A œGift for the Grangers" was a recruitment poster for the National Grange printed in 1873. Grange membership around this period was estimated by some to be as high as 2 million. Today it'™s less than 200,000.
National Grange of the Order of Patrons of Husbandry

Lots of passionate people are taking up farming these days, motivated by frustration with industrial farming, concerns about the environment, and a desire to build community and local food markets. Some of these new farmers have joined the Grange, a long-established fraternal organization for farmers with roots in social activism.

In Oregon, Granges dominated by this new generation have banded together in a coalition dubbed "Green Granges," which work together to advance the issues they care about.

Read more

Pages