Economy & Business

Politics
4:37 pm
Wed October 9, 2013

Obama Makes Janet Yellen His Official Choice To Head The Fed

Janet Yellen is President Obama's choice to replace Ben Bernanke at the Federal Reserve. The announcement came Wednesday afternoon. If confirmed by the Senate, Yellen will be the first woman to lead the Fed.

Business
4:37 pm
Wed October 9, 2013

Trade Gets Sluggish As The Shutdown Leaves Agencies Shortstaffed

The government shutdown is starting to hamper trade. More than 40 federal agencies involved in trade shipments — from the EPA to the Commerce Department — have trimmed their staffs, resulting in a slowdown or halt of goods.

The Two-Way
2:59 pm
Wed October 9, 2013

Obama Nominates Janet Yellen To Head Federal Reserve

President Obama claps during a press conference to nominate Janet Yellen to head the Federal Reserve in the State Dining Room at the White House on Wednesday.
Win McNamee Getty Images

Originally published on Wed October 9, 2013 3:49 pm

Saying "American workers and families will have a champion in Janet Yellen," President Obama officially nominated her to chair the Federal Reserve, once Ben Bernanke completes his term in January.

Yellen "is the kind of person who makes everybody around her better," Obama said, adding that Yellen is "extremely well qualified" and "renowned for her good judgement."

Obama made the announcement at the White House on Wednesday, flanked by Yellen and outgoing Fed chief Ben Bernanke. If confirmed, Yellen will be the first woman to head the American central bank.

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All Tech Considered
2:25 pm
Wed October 9, 2013

An Innovation For Pain Relief That's Worthy Of Some Buzz

Buzzy uses high-frequency vibration and a cold pack to make shots, well ... if not enjoyable, then at least bearable.
MMJ Labs

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The Salt
1:02 pm
Wed October 9, 2013

Sweet. Tart. Crunchy: How To Engineer A Better Apple

The just-released Riverbelle is one of well over 100 new apple varieties to hit markets around the world in the past six years.
Courtesy of Honeybear Brands

Originally published on Wed October 9, 2013 3:04 pm

Browsing farmers markets this fall, you may find some new apple varieties mixed in with the Granny Smiths, McIntoshes and Fujis. Susan Brown, head of the apple breeding program at Cornell University, estimates that there have been 130 new apples released around the world in the past six years.

This summer, she contributed two more to that tally: the SnapDragon and the Ruby Frost.

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