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Planet Money
1:16 am
Thu September 13, 2012

The Fed's Other Big Power

Give us a sign.
Alex Brandon AP

Originally published on Fri September 14, 2012 1:06 pm

We think of the power of the Federal Reserve as the power of money. After all, the Fed is the one institution that can create U.S. dollars out of thin air.

But recently, Ben Bernanke has argued that the Fed has another, critical power: the power of words. And when you're the chairman of the Fed, a few words can go a long way.

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Economy
1:03 am
Thu September 13, 2012

Fed Stimulus Expected, But Remedy May Not Be Right

Federal Reserve Chairman Ben S. Bernanke in a hearing of the Joint Economic Committee on Capitol Hill in June.
Brendan Smialowski AFP/Getty Images

Originally published on Thu September 13, 2012 8:02 am

Federal Reserve policymakers are meeting in Washington, trying to decide whether — and exactly how — to boost the sluggish economy. Many analysts are expecting the Fed to take action, but they're also beginning to question whether another stimulus program will have any effect.

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It's All Politics
5:44 pm
Wed September 12, 2012

Obama's Post-Charlotte Bounce May Owe More To TV Ads Than Convention

President Obama gives his acceptance speech at the Democratic National Convention.
Alex Wong Getty Images

Originally published on Thu September 13, 2012 10:24 am

It's become conventional wisdom that President Obama's new lead in the polls is a bounce, coming out of the Democratic convention in Charlotte, N.C.

But an analysis from the Wesleyan Media Project suggests that the bounce might be due to TV ads as much as grand speeches. The Obama campaign and its allies laid out $21.1 million for TV during the two weeks of the party conventions. Over that same stretch, Republican Mitt Romney and his backers spent significantly less, $12.9 million.

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All Tech Considered
5:15 pm
Wed September 12, 2012

New iPhone Plug Spells Inconvenience For Users, Change For Accessory Makers

The Lightning connector replaces Apple's 30-pin connector.
Apple

Originally published on Wed September 12, 2012 5:22 pm

I kind of think of Philz Coffee in Palo Alto, Calif., as the epicenter of Apple fanatics. It's so hip, only hand-poured specialty blends are sold here.

Every day dozens of techie types come to Philz for coffee and then lounge around on the leather sofa sipping away, often with Apple products scattered in front of them.

Yeliz Ustabas has an Apple laptop perched next to her and an iPhone balanced on her knee.

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U.S.
4:58 pm
Wed September 12, 2012

When Telemarketers Pocket Money Meant For Charity

Telemarketers at work at an InfoCision call center. The for-profit company solicits millions in charitable donations each year and also provides marketing services to for-profit clients.
Courtesy of InfoCision

Originally published on Thu September 13, 2012 1:55 pm

Americans donate billions of dollars to charity each year, and a portion of that money is raised by telemarketing solicitations.

Some of those charitable contributions are solicited by InfoCision Management Corp., an Ohio-based telemarketing company that, on its website, claims to raise more money for nonprofit organizations over the phone than any other company n the world.

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