"O Canada," the national anthem of our neighbors up north, comes in two official versions — English and French. They share a melody, but differ in meaning.

Let the record show: neither version of those lyrics contains the phrase "all lives matter."

But at the 2016 All-Star Game, the song got an unexpected edit.

At Petco Park in San Diego, one member of the Canadian singing group The Tenors — by himself, according to the other members of the group — revised the anthem.

School's out, and a lot of parents are getting through the long summer days with extra helpings of digital devices.

How should we feel about that?

Police in Baton Rouge say they have arrested three people who stole guns with the goal of killing police officers. They are still looking for a fourth suspect in the alleged plot, NPR's Greg Allen reports.

"Police say the thefts were at a Baton Rouge pawn shop early Saturday morning," Greg says. "One person was arrested at the scene. Since then, two others have been arrested and six of the eight stolen handguns have been recovered. Police are still looking for one other man."

A 13-year-old boy is among those arrested, Greg says.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

After an international tribunal invalidated Beijing's claims to the South China Sea, Chinese authorities have declared in no uncertain terms that they will be ignoring the ruling.

The Philippines brought the case to the Permanent Court of Arbitration in The Hague, objecting to China's claims to maritime rights in the disputed waters. The tribunal agreed that China had no legal authority to claim the waters and was infringing on the sovereign rights of the Philippines.

Donald Trump is firing back at Supreme Court Justice Ruth Bader Ginsburg after she disparaged him in several media interviews. He tweeted late Tuesday that she "has embarrassed all" with her "very dumb political statements" about the candidate. Trump ended his tweet with "Her mind is shot - resign!":

Donald Trump wrapped up his public tryout of potential vice presidential candidates in Indiana Tuesday night with Gov. Mike Pence giving the final audition.

The Indiana governor's stock as Trump's possible running mate is believed to be on the rise, with New Jersey Gov. Chris Christie and former House Speaker Newt Gingrich also atop the list. Sources tell NPR the presumptive GOP presidential nominee is close to making a decision, which he's widely expected to announce by Friday.

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The unassuming hero of Jonas Karlsson's clever, Kafkaesque parable is the opposite of a malcontent. Despite scant education, a limited social life, and no prospects for success as it is usually defined, he's that rarity, a most happy fella with an amazing ability to content himself with very little. But one day, returning to his barebones flat from his dead-end, part-time job at a video store, he finds an astronomical bill from an entity called W.R.D. He assumes it's a scam. Actually, it is more sinister-- and it forces him to take a good hard look at his life and values.

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The Fed In 3 Phrases: Decoding Bernanke And Co.

Jun 20, 2012
Originally published on June 20, 2012 12:42 pm

The Federal Reserve — the nation's central bank — will end its two-day meeting on Wednesday by offering its assessment of the economy, and then declaring its latest plan for making things better.

Investors all over the world will be waiting to hear just how weak — or not — the Fed thinks the U.S. economy is. And they will be watching to see whether the bankers plan to continue trying to stimulate growth by extending two controversial programs, one known as Operation Twist, and the other as quantitative easing.

Some economists believe those programs have encouraged lending and held down interest rates firmly enough to prop up the economy during an unusually hard time. But others say the Fed already has gone too far in pushing down rates while infusing money into the banking system. They argue that Fed actions are too aggressive and will set the stage for a surge of inflation in the not-distant future.

Many economists are predicting Fed policymakers will continue intervening to depress long-term rates rather than reversing course. That's because a new economic slowdown may be taking hold, especially one tied to the financial crisis in Europe, according to these experts.

"The Fed will show its concern that the economy continues to underperform," said Paul Edelstein, U.S. economist for IHS Global Insight, a forecasting firm. While he does not expect the Fed to unveil any dramatic new programs, he does assume it will extend current efforts "aimed at pressing down on long-term yields."

Unfortunately, understanding exactly what the Fed is planning is never easy. The bankers often speak a language the rest of us have never heard. Today at 2:15 EDT, Fed Chairman Ben Bernanke will hold a press conference to try to better explain what the bankers are trying to do.

To follow along better, listeners should be familiar with three key terms: monetary policy, Operation Twist and QE3. Here are the definitions and pronunciations so that you can practice using the terms in conversations, should you find yourself sitting next to an economist.

Monetary Policy \ MAH-nih-tair-ee POL-uh-see \

The economy is greatly influenced by two sets of policies, one dealing with fiscal issues and the other with monetary matters. Fiscal policy involves government taxes and spending — and it's set by Congress. Monetary policy involves money and the banking system, and it's set by the Fed.

Once Fed officials determine what their monetary policy ought to be, they implement it by manipulating the amount of money in the banking system. The steps they take set the direction for interest rates, which in turn can influence inflation and employment levels.

Under Bernanke's leadership, the current policymakers have said they want U.S. inflation to run at about 2 percent a year. At the same time, they want interest rates to be pushed down and held steady at low levels to help businesses expand and consumers to buy homes and cars.

Critics say that when the Fed acts too aggressively to boost lending — either by squeezing down interest rates or expanding the supply of money — it sets the stage for a big burst of inflation. Also, many retirees are discouraged by the extremely low interest rates they have been getting on their savings. A recent Wells Fargo/Gallup poll found that 1 in 3 investors says low rates have forced him to delay retirement.

But Fed supporters say low-interest-rate efforts have allowed the economy to dodge a full-blown depression, while helping ensure that U.S. banks are among the world's strongest.

To make its monetary-policy decisions, the Fed holds eight scheduled meetings a year. Typically, the gatherings last two days and conclude with an announcement about any policy changes. The central bank's overarching goal is to keep the U.S. economy growing at a steady, sustainable pace with low inflation and robust job creation.

Operation Twist \ op-uh-RAY-shuhn twist \

Fed policymakers are worried the U.S. economy is still failing to create enough jobs. They especially would like to see the housing market strengthen and construction employment perk up. To help with that, they have been trying to keep interest rates low so that more homebuyers could qualify for mortgages.

Last fall, the Fed set out to push down on mortgage rates by launching "Operation Twist," a strategy wherein the Fed would sell $400 billion worth of its own shorter-term bonds — and use those proceeds to purchase longer-term bonds. That's a twist that helps screw down long-term rates, such as those on mortgages. Economists expect the Fed to extend the expiring "operation," and keep "twistin' the night away."

QE3 \ q-ee three \

This term refers to a Fed strategy that effectively adds money to the economy and encourages lending.

The Q stands for "quantitative"; the E stands for "easing" (pumping more cash into the banking system). And the 3 may stand for "Hail Mary," because the Fed has already tried this quantitative easing strategy twice.

The central bank's goal is to encourage lending. If businesses could borrow more, they could afford to hire workers and buy new equipment. To get more cash moving through the economy, the Fed injects a predetermined "quantity" of money into banks. When banks have an expanded pool of cash available, they can send it back out in the form of loans.

Critics say banks have failed to boost their lending as much as they should have, given the extraordinary help from the Fed.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.