This is ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.
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And I'm Audie Cornish. Apple unveiled two new phones today. One of them, the iPhone 5C, is a lower-priced phone aimed at customers in the developing world. The other, a high-end model, comes with a fingerprint scanner called Touch ID. Now, the unveiling comes as the company faces pressure on several fronts - from rival phone makers, and from Wall Street investors clamoring for breakthrough products.
More than 330,000 people filed new claims for unemployment insurance benefits last week. That sounds like a big number — and is a slight increase over the previous week — but it's being taken as some very good news. For a month, now, fewer new people are asking for unemployment insurance than at any time since November, 2007. That's before the Great Recession.
Trading on the Nasdaq exchange was halted today due to an unspecified technical glitch. The shutdown rattled investors and raised fresh concerns about the safety and stability of financial markets. Nasdaq in particular has experienced technological mishaps, most notably during the Facebook IPO in 2012.
The Justice Department is suing the state of Texas over its strict voter ID law, saying it discriminates against minorities. The attorney general also wants a judge to order Texas to get federal permission before it changes its election procedures.