Republican leaders recall how their party was blamed for the shutdowns of the mid-1990s and earnestly want to avoid a repeat, especially heading into an election year.
The Obama administration's decision not to challenge pot legalization in Washington and Colorado is reverberating in states where regulation of medical marijuana has been scant.
The brutal attack shocked the nation and led to changes in India's laws about violence against women and sexual assault.
This final note today, just to remind us that while Lehman Brothers was an American bank, and collapsed a full five years ago, the financial crisis was a) global and b) lasting.
Greece, as you know, has been through the wringer. Two EU and IMF bailouts. Austerity budgets as far as the eye can see.
Which gets us to this today from Reuters: The government in Athens has scrapped a 24-year-old perk enjoyed by public sector workers -- six extra paid days off a year, if your job involved sitting in front of a computer more than five hours a day.
Which is my job, now that I think of it.
Five years after the collapse of Lehman Brothers and the start of what became a global economic crisis, the final moments of a failed financial institution unfold at a Dublin auction house, where the auctioneer sells off the art collection of Anglo Irish Bank -- Ireland’s most notorious lender.
It and other banks in Ireland made scores of bad property loans that cost taxpayers billions of dollars and forced the country into a bailout.
Dublin resident Ronan Farren stopped in to have a look at the paintings, and to reflect on just what’s happened to Ireland over the past few years.
“It’s been a disgrace how the country has been sold, if you like, because of the mistakes of the bankers,” says Farren.
Indeed, the crisis was so deep in Ireland, it’s worked its way into every aspect of Irish life and culture.
At a theater rehearsal in Dublin, the characters in a play called “The King’s Feet” are a couple ground down by financial worries.
“There are debts we haven’t cleared,” says one of the leads.
“Baby, baby, we’re both professionals, alright. We’ll both be working soon. I promise,” her partner replies.
But faced with long-term unemployment, they do what a lot of young Irish people have done lately -- they leave Ireland to find work.
Danny McCoy of Ireland’s Chamber of Commerce says the crisis has caused too many people in Ireland to either emigrate or essentially put their lives on hold. But he says that’s partly because the narrative about Ireland has been overly negative.
“The Irish story has been exaggerated out of all proportion,” says McCoy. “People perceive Ireland as some kind of poor, backward European country, which couldn’t be further from the truth.”
He says Ireland is already well into recovery. Sure it's still in recession, but exports from Irish software and engineering companies are rising by more than 15 percent a year.
The one thing that’s missing, McCoy says, is confidence on the home front -- the confidence to spend.
“Households start to spend again and believe in their own future, they’d kick start a very virtuous circle of growth,” says McCoy.
In fact, for a country brought down by a property bubble, his message is one that many thought they wouldn’t hear again for a long time in Ireland.
“Buy a house,” McCoy urges. “Buy a house. There’s plenty of them.”
It’s advice that might not be too far-fetched. Near Dublin’s waterfront, real estate agent Owen Reilly shows me around the city’s technology and financial services district.
In the wake of Ireland’s crash, he says real estate values here dropped by more than half. But demand for housing and office space is on the rise in Dublin. In the past year, Reilly says prices in this neighborhood have jumped 15 percent.
“And I would predict, before this year is out, they’ll increase another 5 percent,” says Reilly.
He notes an average two-bedroom apartment now goes for upwards of $400,000 dollars. And many, like Danny McCoy of Ireland’s Chamber of Commerce, fear another housing bubble is already brewing in the Irish capital.
McCoy says that’s because supply hasn’t kept up -- practically no new housing or office space has been built in the past five years.
“We’re going to need to start building -- need start building fast,” says McCoy. “There’s always a danger that we’ll go headlong into property again, but you know, have a good time along the way.”
Of course, having “a good time” is what got Ireland into trouble in the first place.
An Indian court has sentenced to death the four men convicted in the December gang rape and murder of a young New Delhi woman. The death sentence, handed down Friday, must be confirmed by India's High Court. The men can appeal their case to the Supreme Court, and ask the president for clemency.
The short-message social media company Twitter wants to sell many little slices of itself to the public--it filed for an IPO yesterday. Naturally, the company announced the news in a tweet. Marketplace's Mark Garrison joins Morning Report host David Brancaccio to discuss what it means to confidentially file for a public IPO and what the company will do with the money it raises.
Click the audio player above to hear the interview. And to hear more about Twitter's future plans and who the company is acquiring listen to David's conversation with Ben Popper, business editor at The Verge.
It's quiz time on Marketplace Tech. 69.63 kilobytes, 84.1 million, 12,000 resumes, and 3: Can you guess what these numbers mean?
We put Jon Gertner, editor-at-large for Fast Company and author of “The Idea Factory: Bell Labs and the Great Age of American Innovation" to the test for our latest edition of Silicon Tally.
Click on the audio player above to play along.
Some pretty big news in under 140 characters. There's been talk for months about whether the popular micro-blogging site would go public. But Twitter's filing was a bit unconventional. The company filed for an initial public offering of stock with the help of a provision in the JOBS Act. Zach Seward, senior editor at Quartz, joins Marketplace Tech host Ben Johnson to discuss.
Click the audio player above to hear more.
Many Syrians have fled their homes and sought refuge in neighboring countries. But Israel and Syria are enemies, and Israel hasn't opened its gates to Syrians fleeing the violence. But it has helped about 200 injured Syrians get medical attention. The Syrians come to Israel at great personal risk.
Planthoppers are champion jumpers - launching themselves upward, hundreds of times their own height, in just a couple milliseconds. They achieve this feat with the help of cog-like teeth on their legs — the first mechanical gear system ever found in nature.
The chemistry of dozens of streams and rivers across the U.S. is changing. Waters are becoming more alkaline — the opposite of acidic. And the reason is counterintuitive — researchers believe that acid rain is to blame.
Jews across the world are sitting down to a big meal before Friday's Yom Kippur fast. And many of them are eating kreplach. Some say these strange-sounding-yet-good-tasting dumplings are a holiday meditation on our inner and outer selves. Or maybe they're just a delicious example of the peasant cooking of Eastern Europeans.
Lessons in optimism from very ill children inspire pediatric oncologist Jim Olson in his hunt for better treatments for brain tumors. If a boy too sick to get out of bed can still find a way to have a snowball fight with his older brother, then Olson figures he can find ways to improve brain surgery.
Thomas Weller would have died in a snow bank in 1966 had a stranger not helped him. Weller has been helping strangers in the same way ever since.
California's minimum wage would rise to $10 an hour within three years under a bill passed Thursday by the state Legislature. Gov. Jerry Brown indicated earlier this week that he would sign the measure.
Already stripped of his Tour de France titles, Armstrong lost another link to his once-legendary cycling career Wednesday, returning the bronze medal he won at the 2000 Summer Olympics.
Dolby's inventions helped remove the hiss from tapes and screen Star Wars in Dolby Stereo. He was 80 years old.
Vladimir Putin took a deliberate jab at President Obama, just when the two nations are attempting to make a deal on Syria. Putin is not only seeking to have the upper hand in U.S.-Russia relations but to teach Obama a lesson.
An initiative in New York City is designed to nudge the families of overweight kids and teens to change the way they eat with fruit and vegetable prescriptions. The big incentive? Free produce as well as tips on how best to cook and economize.