7:00am

Fri November 4, 2011
The Two-Way

Jobs Report May Offer Glimmer Of Good News

Originally published on Fri November 4, 2011 7:01 am

The most-anticipated economic news of the week — word about the October unemployment rate and, hopefully, how many jobs were added to payrolls last month — is due at 8:30 a.m. ET.

A month ago, the Bureau of Labor Statistics said the jobless rate in September was 9.1 percent and that 103,000 jobs were added to private and government payrolls.

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5:53am

Fri November 4, 2011
Strange News

England's Oldest Family-Run Business Still Selling

Originally published on Fri November 4, 2011 10:20 am

Transcript

RENEE MONTAGNE, HOST:

Good morning. I'm Renee Montagne with congratulations to R.J. Balson and Son. The butcher shop on the south coast of England has been named Britain's oldest family-run business, and is it ever. Balson's began selling sausages and bacon in 1535 when Henry VIII was king and still married to Ann Boleyn. Twenty-five generations later, owner Richard Balson tells the Daily Mail his son will join the business next year, and that son has a son, too. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

5:46am

Fri November 4, 2011
Strange News

Employee Cleans Up German Artwork

A cleaning woman working at the Ostwall Museum in Berlin noticed a wet stain on the floor by a modern-art sculpture. She scrubbed away the stain, not realizing it was part of the piece called, "When It Starts Dripping From the Ceiling." Back in 1986, another cleaner in Germany wiped away a grease stain valued at 400,000 euros.

5:00am

Fri November 4, 2011
Generational Politics: Silents to Millennials

Millennials Uncertain Of Loyalty Toward Obama

Originally published on Fri November 4, 2011 10:25 am

Millennials cheer for Democratic presidential candidate Barack Obama at a rally in Roanoke, Va., in 2008. Young voters are poised to play a key role in choosing the next president.
Jae C. Hong AP

It felt like 2008 all over again in Philadelphia this week. A DJ played a song by the Black Eyed Peas to warm up a crowd of about 500 students from local colleges. President Obama's campaign manager, Jim Messina, exhorted the crowd at the University of Pennsylvania to volunteer, to apply for internships and, of course, to vote.

"There's 8 million registered voters who are 18 to 21 who weren't old enough to vote last time, who are going to cast their first vote, and they're going to do it for Barack Obama," Messina said. "Raise your hand if you're 18 to 21!"

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4:25am

Fri November 4, 2011
Europe

Housing, Banks Weigh On Spain's Fragile Economy

Originally published on Fri November 4, 2011 12:22 pm

A broker uses a phone in front of the main screen at the Stock Exchange in Madrid, Spain. The country's central bank recently warned of "troubled exposure" to real estate, heightening fears about the stability of Spain's banks.
Daniel Ochoa de Olza AP

With Greece in flux over whether it'll remain in the eurozone, other weak economies like Spain are feeling the heat.

The worst could be yet to come in Spain — not because of public debt, but because its banks are still laden with unpaid real estate loans, putting both the banks and the housing market in jeopardy. Real estate prices in Madrid are still high, though salaries are frozen and unemployment soars. When Ireland's housing bubble burst, prices dropped more than 40 percent. But in Spain it's an 18 percent drop on average.

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4:00am

Fri November 4, 2011
Economy

Expectations For October's Jobs Numbers

Friday morning, the Labor Department releases its unemployment report for October. The unemployment rate has been stuck above 9 percent for most of the past three years, and it's not expected to dip below that this month. Host Renee Montagne speaks with NPR's Jim Zarroli about the numbers and the outlook for the U.S. economy.

4:00am

Fri November 4, 2011
Business

Airline Prices Stay Up Despite Fewer Travelers

Originally published on Fri November 4, 2011 10:20 am

Transcript

RENEE MONTAGNE, HOST:

The sluggish economy means fewer travelers will be heading home for Thanksgiving this year, although it hasn't brought down prices. And as NPR's David Schaper reports, those who do fly will still find their flights packed.

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4:00am

Fri November 4, 2011
Economy

Revitalizing Pakistan's Swat Valley

Swat Valley was once Pakistan's premier vacation spot. The area is trying to regain its appeal after regional conflict and massive floods. Co-hosts Steve Inskeep and Renee Montagne report on an effort underway to rebuild Swat Valley's economy.

4:00am

Fri November 4, 2011
Asia

Pakistan, India Trade Deal Sprouts New Possibility

Pakistan has opened the door to billions of dollars worth of new trade with India. The decision might help reduce political and military tensions between the two rival nations.

4:00am

Fri November 4, 2011
World

Details Unearthed On America's 'Ally From Hell'

Originally published on Fri November 4, 2011 10:20 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

Ever since the American raid that killed Osama bin Laden, a fresh layer of tension has crept into relations between the U.S. and Pakistan. The Navy Seals who landed undetected in Abbottabad left Pakistanis wondering if they might land somewhere else next. Some Pakistanis ask if the U.S. might seize Pakistan's nuclear weapons.

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