Sales of new single-family houses fell 2.3 percent in August from July, the Census Bureau and Department of Housing and Urban Development just reported. The annualized rate: 295,000 sales.
The report underscores the weakness of the housing market, The Associated Press says. Sales have now fallen four straight months and are at a six-month low. Economists, according to the AP, say the pace needs to be about 700,000 "to sustain a healthy housing market."
Jenny Lin is a pianist who doesn't mind downsizing. She typically plays eight-foot Steinways in concert halls that seat hundreds. But for this performance, we squeezed her into a corner, behind Bob Boilen's desk, and gave her a Korg electronic keyboard that weighs about 20 pounds. That's a good sport.
It's rare to see a world-renowned pianist willing to make such a sacrifice, but that's how strongly Lin feels about getting the music out there, knowing that (with even more downsizing) folks could watch her perform this Tiny Desk Concert on their iPhones.
With its white sand beaches and tropical weather, for visitors, Puerto Rico is close to paradise. But for those who live there, the past decade has been difficult. For most of that time, Puerto Rico has been in a recession.
To see Puerto Rico's economy up close, a good place to start is Rio Piedras. It's a former suburb, now a bustling neighborhood in Puerto Rico's capital, San Juan.
Patrick Makau of Kenya celebrates in front of Berlin's Brandenburg Gate after setting a new world record for the marathon.
Kenya's Patrick Makau ran the Berlin Marathon on Sunday in a new world record time — 2 hours, 3 minutes and 38 seconds. He shaved 21 seconds off the previous record, set by Ethiopia's Haile Gebrselassie on the same course in 2008.