Leaders of the world's biggest economies wrapped up the G-20 summit in Mexico Tuesday with a promise to work together to promote jobs. The meeting comes amid worrisome signs of slowing growth in the United States and elsewhere.
The founder of WikiLeaks, Julian Assange, spent the night at the embassy of Ecuador in London. Yesterday, he unexpectedly walked into the embassy and requested political asylum. Assange is seeking to avoid being extradited from Britain to Sweden, where he's wanted for questioning about allegations of sex crimes, including rape. We're joined by NPR's Phil Reeves in London. Phil, why do this now?
NPR's business news starts with the Fed in the spotlight.
U.S. stocks rallied yesterday largely on a belief among investors that the Federal Reserve will take further action to stimulate the economy. The Fed concludes a two-day meeting around noon today. Afterwards, Chairman Ben Bernanke will hold a news conference to explain the Fed's strategy.
As NPR's John Ydstie reports, there are several things the Fed could do to try to boost growth, but whether they'd be effective is debatable.
Now, to policy making with some fizz. The mayor of Cambridge, Massachusetts, has proposed limiting the size of sodas and sweetened drinks that can be sold in the city.
Henrietta Davis said she was inspired by the mayor of New York. Michael Bloomberg has proposed a ban on sales of oversized sugary drinks in his city's restaurants. Mayor Davis says soda is a factor behind increasing obesity and heart disease among young people.