Aug. 2: the day of debt reckoning. According to President Obama, the U.S. will default on its obligations that day if Congress does not raise the debt ceiling. With this debt-ocalypse just under a month away, one begins to think about what would happen if Americans wake up that morning to find Congress still deadlocked.
Annie Lowrey, business reporter for Slate, imagines a worst-case scenario.
The economy is still on the road to recovery, but CEOs seem to be doing just fine. A new study reveals the median pay for a CEO at a top-200 company last year was $10.8 million, up 23 percent in just a year. P.J. Joshi of The New York Times discusses why CEOs get the ever-bigger bucks while most workers are barely staying even.
Jesse Kramer, 24, writes made-to-order rhymes for customers of his website, Rap Rebirth.
Credit Courtesy of Jesse Kramer
If your flow has lost its get-up-and-go, you may need to call Jesse Kramer.
The 24-year-old runs a website called Rap Rebirth, where, for a fee, he offers custom rap lyrics in any style you chose — anywhere from a verse to an entire album. Kramer tells Weekend All Things Considered host Guy Raz that a wide range of artists use his services.
A member of the Terra Nova Expedition (or British Antarctic Exploration team) travels by dogsled in front of a weathered iceberg, circa 1910 or 1911.
Credit Herbert George Ponting / The Library of Congress
The early 20th century was the heroic age of Antarctic exploration. Teams of explorers from multiple countries were fighting to be the first to reach the South Pole.
The man who would ultimately get there first — in December 1911 — was the Norwegian explorer Roald Amundsen. He went with a small team and a pack of sled dogs. At the time it was seen as humiliating defeat for Britain and its team led by Robert Falcon Scott.