Expanding trade abroad is a high priority for President Obama. This week, he nominated a trusted adviser named Michael Froman to become the next U.S. trade representative. Froman is currently deputy national security adviser for international economic affairs. NPR's Wendy Kaufman reports on the challenges he would face as trade representative.
The nation's unemployment rate hit a four-year low of 7.5 percent and the job market improved last month. Friday's news helped push the Dow Jones industrial average above 15,000 for the first time.
Was that a rational response?
Although the jobs report for April was positive, what triggered the market reaction was the fact that it was better than expected. Instead of 145,000 jobs created, as most economists predicted, the Labor Department says there were 165,000 new jobs.
The latest employment figures are out and they show gains in hiring. The Wall Street Journal's Sudeep Reddy joins host Michel Martin to talk about the report, and the millions of working Americans who still fall below the poverty line.
When it comes to bourbon, Tom Lix doesn't believe in age discrimination. Most bourbons might age in the barrel for eight to 12 years or more, but Lix figures his are ready to drink in less than a week.
Lix makes Cleveland Whiskey, a new brand of bourbon that exemplifies two major trends in American whiskey-making today: the desire to speed up the process and the effort to establish a local identity.
The Walt Disney Co.'s decision to end its apparel production in Bangladesh after more than 500 people died in the collapse of a garment factory complex has sparked fears of a mass exodus of Western retailers.