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Who Sets The Price Of Oil? Wall Street Speculators?
Members of our "Planet Money" team recently got into the oil business. They learned one of the most basic questions about the business is: who sets the price of oil? Speculators are often blamed.
Listen
•
3:57
A Haunting '60s Film About Mental Illness And Incarceration Becomes A Ballet
Frederick Wiseman's controversial 1967 documentary Titicut Follies exposed conditions at Bridgewater State Hospital in Massachusetts. Fifty years later, the filmmaker, now 87, has adapted it to dance.
Listen
•
4:58
Director Peter Hall, A Champion Of British Theater, Dies At 86
Hall ran two of the most important theater companies in England — the Royal Shakespeare Company and the National Theatre. He directed Waiting for Godot and Amadeus, among dozens of plays, old and new.
Listen
•
4:33
From 'Bad' To The 'Bone': Writer Behind Walter White Turns To Pirouettes
Moira Walley-Beckett penned one of Breaking Bad's most beloved episodes. Perhaps it should be no surprise, then, that her new ballet drama Flesh and Bone brings ominous darkness to the dance floor.
Listen
•
4:09
Obama Takes To The Road To Push College Affordability Plan
Day 2 of President Obama's education-themed bus tour rolls into Binghamton, N.Y., and then travels to Pennsylvania for a stop in Scranton. On Friday, the president will have more praise for colleges that work hard to keep costs down and degree production up.
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•
4:38
Pie-Deprived New Orleans Roots For Bakery, A Year After Fire
Eating a Hubig's fried fruit pie has been a ritual for decades for the local food-obsessed in New Orleans. But a year ago, a fire destroyed the baking facility and much of its custom machinery from the 1920s. Rebuilding is a long and expensive road, but fans are eagerly awaiting the bakery's comeback.
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•
4:31
Justices Appear Skeptical Of Patenting Human Genes
A case considered pivotal to the future of science and medicine came before the Supreme Court on Monday, involving a company that has patented two genes linked to cancer. While the patent challengers lost in the lower court, they seemed to have a more receptive audience at the Supreme Court.
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•
3:13
Farm To Fido: Dog Food Goes Local
Feeding your pooch with locally sourced meats and vegetables may seem like the culinary equivalent of a Versace pet bowl. But producers of this posh-sounding pet food say it can cut down on food waste and help farmers.
One City's Love Affair With Processed Cheese
If you're not from St. Louis, you've probably never heard of Provel. It's a processed blend of cheeses extolled in the area for its buttery texture and smoky, tangy flavor. Now Provel has made its way into the unlikeliest of places: the hipster foodie mecca of Brooklyn.
Group Of Violent Anarchists Emerges Amid Egypt's Political Turmoil
A group of anarchic young men and women in Egypt roam through protests, faces covered, and refuse to speak to media. They bill themselves as armed resistance and have flooded YouTube with videos of themselves making Molotov cocktails and threatening Egypt's Muslim Brotherhood. The country's prosecutor general designated them a home-grown terrorist group on Tuesday. Seasoned activists who blame the government for the root of the violence over the past five days say the group is counter-productive and their methods hurt the cause.
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•
4:40
Despite Young Leader, N. Korea Still Cranks Out Old-Style Propaganda
The latest bit of North Korea propaganda portrays a nuclear missile strike on the U.S. Such crude efforts seem to date from an earlier era.
Private Equity Firm In Talks To Take Over Dell
As the leading manufacturer of personal computers, Dell was once one of the world's most important technology companies. But that's changed dramatically as information technology has in many ways moved past the PC. Dell is on the verge of being acquired from shareholders by a private equity group. One of the investors may be Microsoft, also an early computer-age leader now struggling to adapt.
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•
4:01
Back To The Economy Of The '90s? Not So Fast
As the parties wrangle over taxes and the "fiscal cliff," there's been a lot of talk about the golden days of the 1990s — and each party's role in creating it. Yet economists say a lot was happening outside Washington as well.
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•
4:23
Worst CEO List, Who's On It?
David Greene talks to Sydney Finkelstein, who teaches management at the Tuck School of Business at Dartmouth, about his list of the worst CEOs of 2012. Of interest is not just who made the list this year, but who didn't.
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•
4:26
William H. Macy Is 'Shameless' On Showtime
As the alcoholic paterfamilias Frank Gallagher on the Showtime series Shameless, the actor enjoys portraying a man with a dark side. But he says it's Frank's better qualities that make him sustainable as a character.
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•
30:52
How is The U.S. Economy Doing? Examining Latest Data
Linda Wertheimer talks with Ryan Avent, of The Economist about the major economic indicators that came out this week, and what they say about the health of the economy.
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•
4:13
Novartis Ruling Reverberates Past India's Borders
India's Supreme Court says drug maker Novartis can't hold onto its patent for the pricey cancer drug Gleevec simply by tweaking its chemical formula. That means generic drug makers can keep making a form of the drug at a tenth of Novartis's price. Consumer advocates call it a major advance for access to generic drugs. The drug industry says it will chill companies' willingness to produce innovative products.
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•
4:20
EPA's Push For More Ethanol Could Be Too Little, Too Late
The U.S. Environmental Protection Agency could soon issue a final ruling that aims to force oil companies to replace E10, gasoline mixed with 10 percent ethanol, with E15. This move could come just as widespread support for ethanol, which is made from corn, appears to be eroding.
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•
4:39
What's The Best Way To Stop Taking Powerful Prescription Drugs?
With all the concern about opioid addiction, some patients are worried and want to stop taking powerful medication. Tapering the drugs gradually may be a better way to do that than going cold turkey.
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•
4:30
What Is Behind The Volatility In China's Financial Markets?
It's been an unnerving week for China's economy, the world's second largest. Prices fell so sharply on the Shanghai stock exchange that trading had to be halted for the day — twice.
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3:42
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