Next up, in all this summer heat, what could be better than summer science? And if you're headed out to the town, to the beach, sailing, maybe going for a hike, my guess is you're probably taking along a bottle of sunscreen to protect yourself against that blazing summer sun. But do you know how sunscreen actually works, how it protects your skin from those UV rays? We sent our intern Eli Chen out to Times Square and Bryant Park here in New York to ask that question to a few people getting their rays.
This is SCIENCE FRIDAY. I'm Ira Flatow. Now picture this: You're one of the many graduate students working round the clock in a university lab on a series of seemingly dead-end experiments, until one day, you strike gold. It turns out, you've discovered the cure to a mysterious disease which will save the lives of millions around the world.
The biggest scandal in the world right now has nothing to do with sex or celebrities. It's about an interest rate called LIBOR, or the London Interbank Offered Rate.
Most Americans probably never heard of LIBOR. When I first moved to New York, I hadn't. Back then, I could barely afford my apartment and got an adjustable rate mortgage. And so I wondered: When my rate adjusts, how will I know how much I'll be paying?
I searched through all the documents and it was right there — LIBOR. I would be paying a few percentage points above whatever LIBOR was.