All Things Considered

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Michele Norris & Robert Siegal
Melissa Block
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3:59pm

Wed July 17, 2013
Planet Money

The 'Ask Your Uncle' Approach To Economics

Originally published on Wed July 17, 2013 6:11 pm

The Federal Reserve, home of the Beige Book.
Karen Bleier AFP/Getty Images

The Beige Book is weird. It's an economic report released by the Federal Reserve every few months, but it doesn't have many numbers in it. Mostly, it's a bunch of stories gathered by talking to businesses around the country. A Fed economist once described it as the "Ask Your Uncle" approach to figuring out what's going on in the economy.

In the Beige Book released today, for example, we learned that:

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3:28pm

Wed July 17, 2013
The Two-Way

'We're Here To Stay' Says Newly Confirmed Consumer Watchdog

Originally published on Wed July 17, 2013 6:11 pm

Richard Cordray, director of the Consumer Financial Protection Bureau.
Ron Sachs/pool Getty Images

One day after his two years in limbo ended and he was confirmed by the Senate as head of the Consumer Financial Protection Bureau, Richard Cordray told NPR that though political bickering held up his nomination he now believes he has bipartisan support for the bureau's work.

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3:09pm

Wed July 17, 2013
Economy

Bernanke Gives Economic Road Map With Uncertain Timeline

Originally published on Wed July 17, 2013 6:11 pm

Transcript

AUDIE CORNISH, HOST:

You're listening to ALL THINGS CONSIDERED from NPR News.

One month ago, Federal Reserve Chairman Ben Bernanke introduced the idea of winding down the Fed's massive stimulus programs. On that announcement, the markets tanked. Today, Bernanke said pretty much the same thing. But this time, the markets yawned.

As NPR's John Ydstie explains, the Fed chairman appears to have finally found the formula to ease Wall Street's concerns.

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2:20pm

Wed July 17, 2013
The Two-Way

Newly Discovered Dinosaur Sure Had One 'Supersize Schnoz'

Originally published on Wed July 17, 2013 6:11 pm

An artist's image of Nasutoceratops titusi.
Lukas Panzarin for the Natural History Museum of Utah

The Proceedings of the Royal Society politely refers to it as a "short-snouted horned dinosaur."

National Geographic is less reserved and gets right to the obvious point: "Paleontologists have discovered a new dinosaur, a Triceratops relative with a supersize schnoz that once roamed present-day Utah."

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1:51pm

Wed July 17, 2013
All Tech Considered

Clever Hacks Give Google Glass Many Unintended Powers

Originally published on Wed July 17, 2013 7:55 pm

Stephen Balaban has re-engineered his Google Glass to allow for facial recognition.
Courtesy of Stephen Balaban

At Philz Coffee in Palo Alto, Calif., a kid who looks like he should still be in high school is sitting across from me. He's wearing Google Glass. As I stare into the device's cyborg eye, I'm waiting for its tiny screen to light up.

Then, I wait for a signal that Google Glass has recognized my face.

It isn't supposed to do that, but Stephen Balaban has hacked it.

"Essentially what I am building is an alternative operating system that runs on Glass but is not controlled by Google," he said.

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