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1:56 am
Thu August 15, 2013

Pent-Up Demand Is Boosting Home Sales, But Can It Last?

Carpenters work on a housing site in Brandywine, Md., on May 31. Pent-up demand for homes could create jobs and help the struggling U.S. economy.
Gary Cameron Reuters/Landov

Originally published on Thu August 15, 2013 1:33 pm

Six years ago, the U.S. housing market plunged off a cliff. Now prices are bouncing back up — sharply in many markets.

That has some real estate analysts saying 2013 may mark the turning point — when pent-up demand will revive the housing sector and boost the broader economy.

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The Two-Way
6:04 pm
Wed August 14, 2013

That 2012 Bundle Of Joy Will Cost You $241,080 To Raise

Eight-week-old Eleanor Delp attends a "What to Expect" baby shower with her mother in August of 2012 in Springfield, Virginia.
Alex Wong Getty Images

Originally published on Thu August 15, 2013 9:19 am

The United States Department of Agriculture has crunched the numbers and it concludes today that if you had a child in 2012, it'll cost you $241,080 to raise him or her for next 17 years.

If you adjust it for inflation, that number soars to $301,970.

This represents a 2.6 percent increase from 2011. The USDA reports:

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The Two-Way
5:13 pm
Wed August 14, 2013

Gmail Users Shouldn't Expect Privacy, Google Says In Filing

People who use Gmail and other free email systems have no reasonable expectation of privacy, according to papers filed in a U.S. district court by lawyers for Google. The filing was made in June, when Google moved to dismiss a case accusing it of breaking federal and state laws by scanning users' emails to help target its advertising campaigns.

In making its case, Google compared sending an email to other types of communications where privacy cannot be expected:

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Law
4:27 pm
Wed August 14, 2013

Former JPMorgan Chase Traders Charged Over 'White Whale' Bets

Originally published on Fri August 16, 2013 7:40 am

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Federal prosecutors have charged two former JPMorgan Chase traders with securities fraud. The two men worked in London. And they are part of the so-called London Whale case, which cost the company more than $6 billion. U.S. officials say the men lied about the value of some derivatives trades to cover up mounting lawsuits. More from NPR's Jim Zarroli.

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Law
4:27 pm
Wed August 14, 2013

Jesse Jackson Jr. Sentenced To 30 Months In Prison

Originally published on Fri August 16, 2013 7:40 am

Transcript

AUDIE CORNISH, HOST:

Former Congressman Jesse Jackson Jr. was sentenced to 30 months in prison today for using campaign funds to buy luxury goods. His wife also received a year in prison for filing false tax returns. Prosecutors called their joint crimes one of the worst abuses of campaign finance laws in recent memory. NPR's Jennifer Ludden was at the courthouse here in Washington, D.C.

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