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Inflation Index Fix Could Cut Federal Deficit
The Consumer Price Index is one of the most familiar measures in economics and politics. Some in Washington want to change the way the index is calculated to better reflect consumers' shopping habits. While the proposed change is described as a technical fix, it could cut the federal deficit by hundreds of billions of dollars over the next decade.
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4:55
In Repeat Of Disturbing News, Man With Knife Attacks School Children In China
After a spate of such attacks in recent years, concerns were raised about the failures of China's psychiatric care system. Today's attack renews those fears. Fortunately, none of the 22 children wounded today have life-threatening injuries.
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Inflation Is In Check; Consumer Prices Fell 0.3 Percent In November
The inflation rate, which spiked in August and September when gas prices rose sharply, now appears to have slowed again. That should let the Federal Reserve keep up its efforts to give the economy a boost.
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0:00
Top Stories: Missiles For Turkey; Inflation In Check; Egypt Prepares To Vote
Also: Russia walks back talk of shift in stance on Syria; UBS reported to be in talks about penalty; no deal yet on avoiding "fiscal cliff;" Ambassador Susan Rice explains why she said no.
'We've Got Bigger Fish To Fry' Than Going After Pot Smokers, Obama Says
"It would not make sense" for the federal government to make prosecuting recreational users in states that have decriminalized marijuana a top priority, the president tells ABC News.
Brewers Prepare Beer For The End Of Time, Mayan Or Otherwise
Dec. 21 marks the end of the Mayan calendar — a time of celebration for the ancient people, scientists say, although some modern day folks worry it's a sign of the apocalypse. It may not be the end of the world as we know it, but beer masters inspired by the end of days feel fine.
Remembering Civil Rights Leader Lawrence Guyot
Lawrence Guyot spent his life fighting for civil rights - but often at great personal cost. He was jailed and beaten regularly by police in the Deep South while helping black people get involved in politics. Host Michel Martin speaks with Washington, D.C. Congresswoman Eleanor Holmes Norton, who worked alongside Guyot, about his life and activism.
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7:48
Unions — Who Needs 'Em?
In this week's Barbershop, the guys weigh in on U.N. Ambassador Susan Rice withdrawing her name from consideration for secretary of state. They also discuss Michigan's right-to-work law and whether unions are still relevant today.
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17:48
Nationalist Rhetoric High As Japanese Head To Polls
Sunday's parliamentary election is taking place against a backdrop of increasing nationalist feeling in Japan. Right-wing sentiment has been growing in the face of an ongoing conflict with China over a group of disputed islands and continued economic and political instability inside Japan.
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5:23
Newtown School Shootings: After Confusion, Suspect Is Named As Adam Lanza
As details emerged about the tragic shooting deaths of more than 20 children and adults at a Connecticut school, law enforcement sources named Ryan Lanza as the gunman. But then came reports that portray Lanza's younger brother, Adam, as the suspect.
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