National / International News

Ugandan rebuke for UK archbishops

BBC - Fri, 2014-01-31 16:46
The head of Uganda's Anglican Church rebukes two UK archbishops over a letter they wrote urging Christians not to victimise gays and lesbians.

Bad weather batters Europe

BBC - Fri, 2014-01-31 16:35
Areas of Italy and France are on flood alert and Serbian motorists get stuck in snow, as bad weather brings chaos to parts of Europe.

VIDEO: Why radio has an enduring appeal

BBC - Fri, 2014-01-31 16:31
Down the years plenty of technologies have looked set to curb the appeal of radio - the cassette tape, the CD, the iPod and streaming services like Spotify to name but a few. But all have so far failed.

Christie 'knew about traffic jam'

BBC - Fri, 2014-01-31 16:31
New Jersey Governor Chris Christie knew about closures of local lanes to a busy bridge to New York City while they were happening, a former ally says.

Egypt Sinai strike 'kills militants'

BBC - Fri, 2014-01-31 16:06
The Egyptian army says 13 militants have been killed in an air strike targeting an al-Qaeda-inspired group in northern Sinai.

Fresh flood fears as rain hits UK

BBC - Fri, 2014-01-31 15:36
High tides, rain and strong winds continue to cause problems as south-west England and the Midlands are warned to prepare for flooding.

Palace make five deadline-day signings

BBC - Fri, 2014-01-31 15:35
Crystal Palace sign Tom Ince on loan and Wayne Hennessey, Joe Ledley, Jason Puncheon and Scott Dann on permanent deals.

Ask Carmen: Lightning round listicle edition

Marketplace - American Public Media - Fri, 2014-01-31 15:32

Here at Marketplace Money we get a ton of questions, and we love to answer as many as we can. That's why we created the Lightning Round: 5 personal finance questions, 5 personal finance answers, in 5 personal finance bullet points.

This week, Carmen was joined by Ben Johnson from the Marketplace Tech Report.

1. Matthew from Yonkers, NY asks a question on the minds of many. What steps should I take to avoid identity theft?

Carmen says: “Don’t carry your social security card.” Also, check your credit card statements online everyday. One last tip, “don’t use your debit card to buy things online, please?”

2. Marion from Cincinnati, Ohio says her and her spouse are in their early 60s, and invested completely in stocks. They’d like to put all of their money in a total bond market fund. Should they?

Carmen says: “Any investment at a point in time can be a bad investment.” But being heavily invested in stocks close to retirement means you don’t have time to recover if another stock crash happens. “You should not be more than 50 percent in the stock market.” And diversify! Some stocks, bonds, etc.

3. Jill from Flagstaff, AZ asks, “What happens to the debt of a person that dies without a will? If a blood relative of mine dies, who is responsible for the debt they've accumulated such as a line of credit or mortgage?”

Carmen says: “This is one of my favorite questions of all time, since people don’t ask until it happens to them.” Whatever debt a person has gets taken out of their estate, which could affect your inheritance but “you are not liable for their debt.”

4. Mary in Tuscon, AZ wants to know: “What are the current tax laws regarding capital gains for a home sale?”

Carmen says: “You can make a sweet $250,000, tax free, on the gains on a primary residence.” if you own it as a couple, you’re up to $500,000.

5. And Christian in Duluth, MN decided at the end of this year (New Years resolution!) to contribute more to retirement. His employer 401(k) is already maxed out, should he look for another investment vehicle?

Carmen says: Yes, yes he should. Roth IRA ideally, if Christian is under the income limit, or check out irs.gov for other ideas.

Time's up!

England wings told to attack France

BBC - Fri, 2014-01-31 15:25
England duo Jonny May and Jack Nowell are given free rein to attack against France in Saturday's Six Nations opener.

Ask Carmen: Leaving a career for love

Marketplace - American Public Media - Fri, 2014-01-31 15:01

More folks are getting married -- or remarried -- later in life and there's something about blending more-mature finances that can bring up a lot of questions.

We're going to head over to Connecticut and talk to Susi who is 54 years old.

She is engaged to someone who, let's just say, has done very well in his career. But Susi also has a great corporate job that pays six figures and has done well with some of her investments, so she wants to know what the next step should be when it comes to merging money, pre-nups, or if she should leave her job.

“I want to make sure I am doing the best that I can with the assets that I have,” Susi says.

Carmen says: “If he’s asking you to drop a career, and to give that up, there’s a price you’re paying for that … for every year that you’re giving up your corporate year. It’s not just one year salary. It’s pensions and [retirement accounts].”

To hear more of Susi’s questions and Carmen’s advice, hit the play button above

VIDEO: Ukraine stand-off over 'tortured' man

BBC - Fri, 2014-01-31 14:46
Medical workers block police from questioning a Ukrainian protester who says he was abducted and tortured.

VIDEO: Fresh severe flood warnings issued

BBC - Fri, 2014-01-31 14:34
High tides, rain and strong winds continue to cause problems as south-west England and the Midlands are braced for floods.

Ofsted chair Morgan to stand down

BBC - Fri, 2014-01-31 14:34
Baroness Sally Morgan is to leave her post as chair of schools inspectorate Ofsted, Education Secretary Michael Gove has confirmed.

Sidelined By Brain Injury, Ex-NFL Player Copes With 'Desperation'

NPR News - Fri, 2014-01-31 14:25

During his 10-year career, Sean Morey absorbed countless hits, more than a few of which resulted in concussions. "Every time I hit somebody it was like getting tasered," he says. Now, he suffers from lingering conditions, like debilitating headaches, and is an advocate for players' health.

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After Overcoming Early Obstacles, Yellen Assumes Fed's Top Job

NPR News - Fri, 2014-01-31 14:17

The world of central banking is largely a man's world. But Janet Yellen, the Federal Reserve's new leader, has been undeterred by such barriers since she was in high school in Brooklyn. Now global financial markets will be watching her every move.

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Southern Fishermen Cash In On Asia's Taste For Jellyfish

NPR News - Fri, 2014-01-31 14:15

After the worst year for shrimping in recent memory, fishermen in the Southeast U.S. say they're thankful to catch jellyfish for the Asian market. But conservationists say the expanding jellyfish fishery is a sign of the ocean's decline.

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You Hate My Job: Football referee (plus, a ref quiz!)

Marketplace - American Public Media - Fri, 2014-01-31 14:12

Despite a career as an NFL referee from 1989 to 2008, Bill Carollo says it was always nerve wracking: “If you say that you’re not nervous, you’re probably kidding yourself, and you probably aren’t really prepared," says Carollo. “You think you know yourself pretty well, but when you get out on the big stage and Vanessa Williams [is] singing the National Anthem at the Super Bowl and jets are flying over ... I thought I was really ready, and I couldn’t even swallow." 

Carollo says death threats were always part of the job, even when the right call is made. One decision in a championship game that went against Tampa Bay resulted in “200 calls [to] my house. I’m unlisted. 15 to 16 people were arrested for death threats. I had to pull my kids out of school. And that’s when you make the right call." (See video of the controversial call over at NFL.com

Take Bill Carollo's officials' exam  

[<a href="//storify.com/Marketplace/what-s-the-worst-ref-call-in-history" target="_blank">View the story "What's the worst ref call in history? " on Storify</a>]

 

 

Should you haggle for your holiday?

BBC - Fri, 2014-01-31 14:00
Should you haggle for your summer holiday?

VIDEO: Thai crisis explained in 60 seconds

BBC - Fri, 2014-01-31 14:00
A 60-second look at the background to the crisis in Thailand, ahead of elections on 2 February.

A journalist and his typewriter

BBC - Fri, 2014-01-31 13:56
The 86-year-old journalist still using a typewriter

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