National / International News
The "boat people," as they've been called, have been stranded at sea for weeks with little food or water. Indonesia and Malaysia say they will take them in temporarily.
How the head of the fed is keeping Wall Street workers chained to their desks ahead of the long holiday weekend. Plus, the Senate Education Committee meets Wednesday. Senator Lamar Alexander, who chairs the committee and is a former secretary of education, has proposed that colleges share in the risk of lending to student. He says this would lead to reduced student borrowing. How would it work if colleges had “skin in the game” and how realistic is the proposal? We'll also talk to Allan Sloan of the Washington Post about the costs of investing in a hedge fund.
President Obama is expected to discuss the dangers of climate change when he delivers the commencement address today at the U.S. Coast Guard Academy on Wednesday.