If you have a savings account you probably already know this: Your money there is losing value to inflation. Yields are so low that returns are not even keeping up with the cost of living.
I've been watching some of my own savings dwindle. And that prompted me to take up a challenge: I'm taking $5,000 from personal savings and putting it to work. I'm not a financial whiz, pundit or any kind of guru.
The most unforgiving criticism in sport is directed at any athlete who fans believe is celebrated too excessively above his true talent level — especially those stars who are gloried because they're such pretty people.
When Randy Keller moved from Texas to the Oklahoma City area seven years ago, he couldn't find the house he was looking for.
"I was moving from Texas, where there are also a lot of tornadoes," says the professor of geology and geophysics at the University of Oklahoma who experienced the 1970 tornado in Lubbock, Texas. "But I just couldn't find one."
Iran's powerful Guardian Council has disqualified two key candidates — a former president and a top aide to the current president — from running in the June 14 presidential election.
The Guardian Council, which vets all candidates, approved eight names Tuesday but left out former President Akbar Hashemi Rafsanjani and Esfandiar Rahim Mashaei, who was handpicked by President Mahmoud Ahmadinejad.
Mashaei said he would appeal the decision to the country's supreme leader; Rafsanjani did not comment.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
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The top executives of Apple faced tough questions today on Capitol Hill. They came at a hearing about Apple's alleged avoidance of billions of dollars in U.S. income taxes. Yesterday, Senate investigators released a study describing how the maker of the iPhone, iPad and Mac computers used subsidiaries based in Ireland to avoid income taxes on a big chunk of its global profits.
From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.
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And I'm Robert Siegel.
The immigration bill that's working its way through the Senate gives the tech industry something it has long asked for: more visas for skilled workers from overseas. But the original bill also came with something the tech industry didn't like: rules to keep those foreign workers from taking the jobs of Americans. As NPR's Martin Kaste reports, key senators agreed to loosen those rules.
A federal court is set to decide on the lawfulness of stop-and-frisk, New York City's controversial policing strategy meant to stop gun violence. The policy gives police officers wide discretion to stop, question, and in some cases, pat down people they suspect are carrying illegal guns.
A controversial petition by the dairy industry to allow milk sweetened with aspartame or other alternative sweeteners to be labeled on the front of the carton simply as MILK is drawing criticism from the nation's leading group of nutritionists.
It was the Senate's turn Tuesday to grill the Internal Revenue Service, or more accurately, former agency officials, about its handling of the scandal involving the targeting of conservative groups seeking tax-exempt status.
In Moore, for the many people whose homes were destroyed, the top priorities are finding a place to stay, some clothes to wear, and food to eat. NPR's Wade Goodwyn has been talking with survivors in Moore, and he sent this story.
WADE GOODWYN, BYLINE: Jamie Martinez(ph) is a retired police officer who still does security work, and that's where he was when the tornado slammed into his neighborhood yesterday.
We turn now to the story of one survivor as she returned to her home for the first time since the storm. Here's Rachel Hubbard of member station KOSU.
RACHEL HUBBARD, BYLINE: Casey Warren(ph) left home for her job as a medical assistant yesterday morning wearing her scrubs. This morning, she was still wearing those same clothes as she waited with her grandmother to get back into her neighborhood.
UNIDENTIFIED WOMAN: If you'll pull up, we'll have somebody escort you in just a few minutes, OK?
It's ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.
MELISSA BLOCK, HOST:
And I'm Melissa Block.
It has been an emotional 24 hours for the people of Moore, Oklahoma. Their city is now a federal disaster area, shattered by yesterday's deadly tornado. Meteorologists have confirmed that the tornado was a rare EF5, with winds in excess of 200 miles per hour. Entire neighborhoods are unrecognizable, trees splintered, houses gone.
Suzanne Sells lost her house to Monday's tornado in Moore, Okla., but she's still helping other people.
Sells is a special education English teacher at Moore High School. It was spared a direct hit, but like other schools in town, it was closed Tuesday. Still, she showed up to let in a student who needed access to heart medicine that had been locked away.
Robert Siegel speaks with John Farnen, executive director of strategic projects for Mercy Hospital Joplin, regarding lessons of the Joplin, Mo., tornado for rebuilding large structures like the Mercy Hospital Joplin.