It's MORNING EDITION, from NPR News. I'm Steve Inskeep.
DAVID GREENE, HOST:
And I'm David Greene. Despite some very loud grumbling, both chambers of Congress have approved a two-year federal budget plan. This drops the odds of a federal government shutdown early next year, but it certainly does not end the debate over federal spending.
INSKEEP: NPR's Tamara Keith is on the line this morning to talk about one figure from the agreement, which suggests the scale of budget fights ahead. And Tamara, what's the figure?
The BP oil spill turned out to be less disastrous than people feared at the beginning, but it still was a disaster, and the effects are still being felt. Dolphins in the Gulf of Mexico are getting very sick, we're told, from exposure to oil. For the first time, a government study confirms a host of problems in dolphins who live in one of Louisiana's bays worst affected. Here's NPR's Debbie Elliot.
If you ever fly, you've heard it countless times: You cannot use your cellphone while en route to your destination. Federal rules will not allow it. That could change now, as the FCC considers relaxing those rules. But in advance of that decision yesterday, Delta Airlines said it plans to remain committed to high altitude quiet time.
Not in North America, necessarily, but "you can't keep fur in stock in Russia," says furrier Greg Tinder. "The higher the price tag you put on it, the faster it sells."
Tinder, who left Saks Fifth Avenue to start his own label, says the East has always been a furrier's dream — think big, plushy Soviet-era hats. But now, with Russia's economy on the rise, there's some new money on the block, and designers know that.
In the past five years, the Federal Reserve has created roughly $3 trillion out of thin air.
The Fed uses the money it creates out of thin air to buy bonds. The idea is to drive down interest rates, which encourages people and businesses to borrow and spend money. It's called quantitative easing.
Michael Steinberg, a top portfolio manager at SAC Capital Advisors, has been found guilty of insider trading — the latest conviction stemming from a years-long federal investigation into the hedge fund's activities.
Steinberg was found guilty on five counts of conspiracy and securities fraud.
"Prosecutors said he traded on confidential information that was passed to him by an employee, who later admitted to swapping illegal tips with friends at other firms."
There are seven shopping days left until Christmas. But there are just five days until another important deadline — the last day to sign up for health insurance under the Affordable Care Act if you want coverage to start January 1.
After a slow start, activity on the federal website HealthCare.gov has been heavy all month. And with the deadline approaching, some people are getting worried that they won't get signed up in time.
And this being the health care law, it's complicated. There is more than one deadline.