Could we be facing a shortage of lawyers? It hardly seems possible. But according to the American Bar Association, law schools are seeing their lowest number of first-year students since the 1970's.
NPR's Ina Jaffe has more.
INA JAFFE, BYLINE: This year, there were fewer than 40,000 first-year law students, which still seems like a lot. But it's an 11 percent drop from last year, and about a 24 percent drop from 2010, when new enrollments hit an all-time high.
Federal Reserve officials end a two-day meeting on Wednesday amid signs that the U.S. economy is slowly mending. David Greene talks to David Wessel, economics editor of The Wall Street Journal, about the Fed's last meeting of the year.
Germans are serious about their beer. Serious enough for the European country's main brewers association to urge the United Nations to recognize that fact.
The brewers association wants a five-century-old law governing how German beer is made to become part of the UNESCO World Heritage list. It would join the Argentinian tango, Iranian carpet weaving and French gastronomy, among other famous traditions, that are considered unique and worth protecting.
That's the number the Federal Reserve Board's policymakers wanted to see this year. Having an annual inflation rate of 2 percent would confirm that the U.S. economy is strengthening — workers are getting raises and companies are seeing enough customer demand to mark up prices.
But the 2 percent target turned out to be too high.
Doctors talking up drugs to other doctors has been quite lucrative for pharmaceutical companies — and the physicians who moonlight as their salesmen.
Drugmakers learned long ago that deputized doctors were effective pitchmen. A doctor paid by a company to give a dinner speech or to chat over lunch with colleagues can go a long way toward changing their prescribing habits.
Two decades ago, the strongest critics of the North American Free Trade Agreement were members of labor unions. They warned that the trade deal would mean the loss of manufacturing jobs to Mexico and lower wages for U.S. workers.
Today, 20 years since NAFTA's passage, unions feel as strongly as ever that the deal was a bad idea.