Former presidential candidate and Libertarian Party leader Ron Paul gives us his take on the Tea Party convention in Nashville; We hear reactions to the charges against the American church group that was arrested in Haiti over child trafficking allegations; The Takeaway's own Ibrahim Abdul-Matin brings us a story of unemployment in the African-American community ahead of tomorrow's new job numbers; and we'll find out how those job numbers will affect the market and the recovery.
"Gridlock" is a term that went from engineering jargon to everyday lingo during a transit strike in 1980. Now it's used more to describe the situation on Capitol Hill, with partisan rancor holding up major legislation. We find out how stuck Congress really is and look at new ways to break the deadlock.
Takeaway Washington correspondent Todd Zwillich caught up with Vice President Joe Biden yesterday. Biden, who was traveling his old stomping grounds on Capitol Hill to swear in Senator Scott Brown, had some interesting things to say about the filibuster rule in the Senate.
Despite the fact that the Department of Labor lists young people, African-American and Hispanic men as having some of the highest rates of unemployment, a group of youngsters in East New York, Brooklyn is determined to buck the trend and get into the job market. The Takeaway's Ibrahim Abdul-Matin introduces them to us and their challenges when it comes to finding work.
Toyota officials in Japan are now saying that they are considering a recall of the 2010 Prius hybrid because of a flaw in the car’s anti-lock braking system. This flaw could affect other models as well. We find out more from New York Times Detroit bureau chief Bill Vlasic.
Yesterday the headlines about Bank of America came fast and furious. The Security and Exchange Comission came to a new settlement deal with Bank of America for $150 million; now it has to be approved by the same judge who threw out a much smaller penalty last year. Louise Story, business and finance reporter for The New York Times, helps us decode the legal actions.
Best known for his classics "Lean on Me," "Just the Two of Us," "Ain't No Sunshine," and "Lovely Day," soul legend Bill Withers is the subject of a new documentary called "Still Bill."
We talk with Withers about his new film, and about the path his life has taken — from growing up under the care of his beloved grandmother to music superstardom to quirky conversations he's had with strangers in Roscoe's Fried Chicken and Waffles.
As European nations in the Iberian Peninsula fall deeper into debt, the U.S. markets came tumbling down on Thursday, with the Dow Jones Industrial Average closing just above 10,000 points. All this comes hours before new jobless numbers are released.
Every week, in cooperation with The Week magazine, we explore who had a good week and who had a bad week. This week, our good week award goes to venerable groundhog Punxsutawney Phil, who in spite of protestations by the People for the Ethical Treatment of Animals, predicted six more weeks of winter.
Meanwhile, things weren't so great for Taylor Swift. The country singer gets our bad week award for not only sang out of key at the Grammys, but also broke one of her trophies.
Ten members of an Idaho-based Baptist community have been charged with kidnapping and criminal association in Haiti, after attempting to spirit 33 Haitian children into the Dominican Republic. The group says it only intended to help the children and it claims they were orphans. But Haitian athorities don't buy the story and the group's members face prison terms of up to 15 years if convicted.
Bob Marshall, president of premium ticket site Everyticket.com, says Super Bowl XLIV ticket sales are half the price they were in recent matchups across the board.
A photo-journalism and essay project by the Miami-based Iris Photo Collective portrays the complex connections between Haiti and her neighbor Cuba. We speak with Iris co-founders Carl Juste and Luis Rios talk about the photographs and essays, produced before the earthquake, and how their context has changed after the disaster.
Right now the center of attention for politically frustrated conservatives is Nashville, Tenn., as the Tea Party Convention rolls on to day two. But back in 2008, the Ron Paul for President campaign was the magnet of libertarians who felt left out of their party. We ask the Texas Congressman what he thinks of the Tea Parties, and what future he sees for them.
New numbers out this morning show an unexpected dip in the unemployment rate. The Labor Department put the rate at 9.7 percent for January, down from 10 percent. We get reaction from Newsweek columnist Dan Gross.
The unemployment rate for January dropped unexpectedly to 9.7 percent from 10 percent, even with 20,000 jobs lost. The Labor Department says that's because a survey of households found the number of employed Americans rose by half a million. It is projected that the unemployment rate will hover around eight percent until 2013. All this after the markets closed yesterday at the lowest levels so far this year.
Toyota President Akio Toyoda made his first public apology for the company's manufacturing problems, as the company announced it would further investigate possible break problems with its Lexus hybrid. New York Times business reporter Hiroko Tabuchi joins us from Japan to talk about the company's continuing problems.
The Takeaway Early Edition; morning news, how to end to gridlock in Washington.