For the first time since the housing crash, lawmakers are getting serious about dismantling the mortgage giants Fannie Mae and Freddie Mac. They were rescued with $190 million bailout. Two prominent senators - a Democrat and a Republican - have a bill that's attracting some bipartisan support. A separate Republican bill is being introduced in the House today and a third may soon come from Democrats. NPR's Chris Arnold reports.
While South Africa celebrates the 95th birthday of Nelson Mandela on Thursday, the former president and Nobel Peace Prize laureate remains at a Pretoria hospital, where he's been hospitalized since June 8 with a recurring lung infection.
President Jacob Zuma's office has said that Mandela is in "critical but stable" condition, though Mandela's daughter Zindzi said Wednesday that her father was making "remarkable progress" and could be released soon.
Hari Kondabolu is a brainy comedian who cuts through the polite talk around race and gender. He's made a lot of key people laugh with his incisive anecdotes, including Jimmy Kimmel, Conan O'Brien and John Oliver.
A full-time writer on the FX show Totally Biasedwith W. Kamau Bell, he recently did a comedy bit on the National Spelling Bee, or "as I like to call it," he joked, "the Indian Super Bowl."
Ben Bernanke's latest comments are at the top of NPR's business news.
Stock and bond markets reacted positively to the Federal Reserve chairman's latest remarks on the economy this morning. Ben Bernanke is on Capitol Hill delivering the Fed's twice-yearly update on the economy and Fed policy before the House Financial Services Committee. NPR's John Ydstie joins us now to talk about it. And John, what was it that Bernanke said that impressed the market?