NASA has released the first picture of Jupiter taken since the Juno spacecraft went into orbit around the planet on July 4.

The picture was taken on July 10. Juno was 2.7 million miles from Jupiter at the time. The color image shows some of the atmospheric features of the planet, including the giant red spot. You can also see three of Jupiter's moons in the picture: Io, Europa and Ganymede.

The Senate is set to approve a bill intended to change the way police and health care workers treat people struggling with opioid addictions.

My husband and I once took great pleasure in preparing meals from scratch. We made pizza dough and sauce. We baked bread. We churned ice cream.

Then we became parents.

Now there are some weeks when pre-chopped veggies and a rotisserie chicken are the only things between us and five nights of Chipotle.

Parents are busy. For some of us, figuring out how to get dinner on the table is a daily struggle. So I reached out to food experts, parents and nutritionists for help. Here is some of their (and my) best advice for making weeknight meals happen.

"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.

Pages

Wait, Investors Paid Germany To Hold Their Cash?

Jul 19, 2012
Originally published on July 19, 2012 4:00 pm

On Wednesday, investors paid Germany to hold on to their money for a couple years.

That's right: Germany got to borrow more than 4 billion euros (about $5 billion), and instead of Germany paying interest to its lenders, the lenders are paying Germany. This a lot like Citibank paying you a smidgen to carry a balance on your credit card or to take out a loan (without also charging you interest).

Germany is just the latest country to get what's called a "negative yield" on its debt. The phenomenon is still rare, but France, Belgium, Denmark and Finland are among countries that have been paid recently to borrow for shorter terms, six months, for example.

Still, selling two-year bonds at a negative yield is remarkable.

As so often happens with unusual economic developments, there are a few possible explanations, ranging from optimistic to pessimistic to scary.

First, the mechanics. National governments hold auctions periodically to borrow money from investors by selling bonds. Those bonds pay investors a given interest rate, or yield.

The precise process differs a little, but the gist is that the investors bid by saying what interest rate they're willing to receive as compensation for parking their money with the government.

In this case, as with the previous examples, investors told Germany they'd be willing to pay it a little bit to hold their money. They won't pay much: The yield is negative 0.06 percent, which means they're paying Germany a little less than many U.S. banks pay customers on savings accounts. But it's still a distinct difference from the normal scenario, where the government pays bond investors.

So what's happening? Three possible scenarios stand out. First, this could be what economists call a "flight to quality." With other European countries looking shakier — think not just Greece, but Spain, Portugal, Italy and more — investors are willing to take a lower return now for a greater likelihood that they'll be paid back in full later.

They could invest in U.S. Treasury bonds, and many people are doing so (pushing Treasury yields to historic lows). But if you make your money in euros, investing in dollars means taking on another kind of risk: The relationship between the euro and the dollar could change while you're holding the bonds, reducing your return.

To avoid that, invest your euros in the safest euro-denominated bonds you can find — like Germany's, perhaps, even if it costs a bit.

The flip side is that this could reflect what's called a "macro" bet on the European economy relative to the world's. If an investor feels that fears about the euro's undoing have become overblown, it might make sense to take U.S. dollars (or Japanese yen or funds in some other currency), and invest them in euro-denominated bonds.

Even if they pay a little bit for the privilege, they could win when they convert their euros back into dollars (or whatever) down the road, assuming the euro has strengthened again relative to the original currency.

In other words, under these two scenarios, Germany's negative yield could reflect growing fears about other European economies — better to pay Germany a little now than lose more later — or confidence in the euro and European economy generally, relative to countries outside the eurozone.

Investors act independently, of course, so Germany's lower yield could reflect a combination of these two strategies, by different investors.

But there's a third and potentially unsettling possibility: deflation. In a way, this is a bleaker version of the first, pessimistic scenario.

Deflation, of course, is the opposite of inflation: a destabilizing spiral of falling prices. Very roughly, everyone waits to buy things (cellphones, cars, houses) because they expect prices to fall. That can become a self-fulfilling prophecy if enough people do it. It sounds great, but it also means companies earn less and start to shed jobs, leaving consumers with less money and a renewed incentive to postpone purchases.

If investors think this is going to happen, the euro could start to get more valuable over time — falling prices mean each euro could buy more. Then, paying a little now to hold German bonds might not be so bad, because it's a way of holding euros safely while they rise in value because of deflation. The rise in the value of the currency could offset whatever interest the bondholders must pay in the meantime.

In other words, the "real" interest rate — the rate after inflation or deflation — is still positive, and investors still make money.

And sure enough, an International Monetary Fund report on Wednesday called the risk of deflation "significant" in the "periphery" of Europe (think: Italy).

The European Central Bank still has tools in its arsenal to fight deflation, chief among them printing money. And the IMF is encouraging the bank to buy huge amounts of government bonds, flooding the economy with euros in the process, which would tend to favor inflation (and thus counteract deflation).

It remains to be seen which of these scenarios is borne out.

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