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Live from NPR News in Washington, I'm Ryland Barton. It was an ugly day on Wall street today as AI stocks fell sharply amid fears the Federal Reserve may eventually have to raise interest rates in order to fight inflation. And it ended up being the U.S. stock market's worst day since October. NPR's Rafael Naam reports.
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You would think that when the U.S. government reports the economy added about 170,000 jobs as it happened this morning, people would cheer. But for investors, the problem is that a strong jobs report Fed could now turn its full attention to controlling surging inflation. Traditionally, policymakers have been more willing to raise interest rates when they believe the labor market is robust. Among the big decliners were AI stocks. They've been doing really well, so investors used the chance to cash in some profits as a result. The tech heavy NASDAQ was particularly hit, plunging more than 4% its worst day of the year. Rafael Nam, NPR News.
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After infighting and delays, the Senate passed a bill to fund ICE and Border Patrol until the end of President Trump's term. This could have been easy for Republicans, but it turned into a protracted fight after some Senate Republicans balked at Trump's fund for what he calls those persecuted by what he calls a weaponized government. NPR's Sam Greenglass explains.
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There's always been this small camp of Republicans willing to criticize the president. What I think this blow up did is reveal maybe more widespread frustrations below the the surface, and it also tested how far those frustrated members are actually willing to go to push back. These tensions were already simmering as Trump started endorsing primary opponents to incumbent members of his own party this spring. But the thought of taxpayers possibly compensating January 6th rioters may have been a breaking point for a broader swath of lawmakers who lived through that day.
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NPR's Sam Greenglass reporting. A series of recent studies suggest GLP1 diabetes and obesity drugs may also reduced risk of many cancers, as NPR's Yuki Noguchi reports.
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One of the studies analyzed medical records to find that GLP1 use correlated with reduced risk in six of seven cancer types. It was statistically significant for four of breast, colorectal, liver and non small cell lung cancer. Other studies, also published by the American Society of Clinical Oncology, looked at breast cancer incidents. One found GLP1 use correlated with a 30% lower incidence of disease. Obesity increases risk of at least a dozen cancers by increasing hormones and inflammation that foster tumors. But researchers say there may be some additional metabolic benefit from GLP1s that prime the body against cancer other than just weight loss. Yukiniguchi, NPR News.
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And you're listening to NPR News from Washington. The Energy Department says a small nuclear reactor under development at a national lab has reached a crucial milestone that could allow it to produce electricity in the next few years. Energy Secretary Chris Wright says the microreactor being developed at the Idaho national lab reached criticality yesterday. The milestone occurs when a nuclear reactor achieves a self sustaining chain reaction capable of producing a steady release of energy. Soccer's governing body, FIFA, is an announcing that vuvuzelas will be banned from the World Cup. NPR's William Jones reports.
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The notorious vuvuzela made a name for itself at the 2010 World cup in South Africa, sounding almost like a loud swarm of bees. They've since become a staple at some stadiums, to some's pleasure and to many's annoyance. FIFA have now confirmed that the plastic horns will be banned. Whistles, apart from the referees, of course, are also prohibited, as are reusable water bottles. There will also be serious repercussions for those streaking or revealing intimate body parts. And body paint, according to FIFA, does not constitute clothing. The tournament opener is Thursday, with Mexico taking on the country that put the vuvuzela on the map, South Africa. William Jones, NPR News.
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Illinois State Treasurer Mike Frerichs brought a gift to Chicago native Pope Leo at the Vatican last week, $8.65 of the pontiff' money. Freak's office administers the state's unclaimed property system, and the sum was in a PayPal account closed out by Leo but never claimed by him. This is NPR News from Washington. Want to hear this podcast without sponsor breaks? Amazon prime members can listen to NPR News now sponsor free through Amazon Music. Or you can also support NPR's vital journalism and get NPR plus@plus.NPR.org that's plus.NPR.org.