Political observers declared the Tea Party dead in May after it lost every major GOP primary it contested. Sen. Thad Cochran's performance against his Tea Party rival makes that judgment seem rash.
From the Marketplace Datebook, here's a look at what's coming up Thursday, June 5:
In Washington, the Senate Foreign Relations Committee discusses developments in Ukraine.
Did consumers hit the malls over Memorial Day weekend? Chain-stores are scheduled to release sales figures for May.
Performance artist and musician Laurie Anderson turns 67.
The Great American Brass Band Festival, a 25 year tradition, gets underway in Danville, Kentucky.
And the United Nations marks World Environment Day with the theme "Raise Your Voice, Not the Sea Level."
More on Mel Watt, the man behind the Federal Housing Finance Agency, and overseer of Fannie Mae and Freddie Mac. Plus, with Sam's Club offering the country's first Chip and PIN credit cards, a look at the barriers to switching to the more secure technology. Last up, on the 25th anniversary of Tiananmen Square, a conversation about the blue collar workers who joined the protests and why they were there in the first place.
The I-495 bridge in Wilmington, Del., usually carries 90,000 vehicles per day. But it's empty now, as engineers try to discover what's causing eight support pillars to lean.
Other countries provide formal training for people who want to be national leaders. Why not the U.S.?
Here's some shocking news: San Francisco is tech central for recent grads; New York has finance nailed and DC is the top spot for budding policy wonks. That's according to LinkedIn, which has mined its own data and put together the top 10 cities for new graduates. But not everything in the survey is painfully obvious.
- Minneapolis/St. Paul is a magnet for corporate types, who can stand the cold. Target, General Mills and Cargill are all head-quartered there
- The Twin Cities and Chicago attract more graduates than San Francisco.
- Bangalore is the Silicon Valley of India, with lots of homegrown students flocking there for tech jobs.
Read the full survey above.
This happened more recently than I'd like to admit — the day I realized that a New York City taxi cab medallion costs $1 million.
I was in the newsroom reading about the fight between yellow cab drivers and their new green cousins roaming the outer-boroughs. The story, from last June, was that yellow taxi drivers disliked the fact that green cab medallions were first sold for a mere $1,500. Quite a price differential from the yellow cabs, of course.
I grew up in the country, but for as long as I can remember my city family has been in the taxi business. So on hearing this fact my first thought was, "Woah, my uncle has $2 million on wheels." My second thought was, "the city absolutely had to lower the cost of a green medallion. How could an immigrant just starting out possibly purchase a $1 million taxi cab now?"
New York is the kind of place that is always in danger of becoming a city of 'haves' and 'have-nots.' Unless we're careful — unless we purposely create opportunities for those willing to capitalize on them — the pace of this city can leave people behind.
It's impossible to think about this and not think about growing income inequality on a national or global scale — and what kind of measures we as a society need to take to ensure things don't get worse.
If you do a quick Craiglist search you can see that green medallions can go for around $15,000 now. It's a tough buy for someone starting with nothing, but not an impossible dream.
And ideally, New York is a city of possible dreams.
Germany's top federal prosecutor has opened an investigation that won't focus on wide spying activities attributed to the U.S. National Security Agency.