Morning Edition

Weekdays from 5am to 9am
Steve Inskeep and Renee Montagne

Morning Edition provides news in context, airs thoughtful ideas and commentary, and reviews important new music, books, and events in the arts. All with voices and sounds that invite listeners to experience the stories.

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Business
5:28 am
Wed July 18, 2012

Are Pagers Obsolete?

Originally published on Wed July 18, 2012 9:57 am

Transcript

STEVE INSKEEP, HOST:

This next story is for people who go for old-school technology. If you're the kind of person who owns a tube television - not one of those flat screens - nothing wrong with that. Or maybe you're the kind of person who has an old Walkman with cassette tapes hiding in a drawer somewhere. Maybe you even still use it. And if you're holding on to technology that others have deemed obsolete, you are not alone.

Reporter Tracey Samuelson found some dated devices in a place that might surprise you.

(SOUNDBITE OF BEEPING)

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Around the Nation
4:33 am
Wed July 18, 2012

Politics Weighs Down San Bernardino's Economic Problems

Originally published on Wed July 18, 2012 1:41 pm

The city of San Bernardino, Calif., is expected to declare a fiscal emergency, and officially file for bankruptcy on Wednesday. The declaration would be the third by a California city in recent weeks. Some analysts believe San Bernardino's problems may be more about its dysfunctional local politics.

Business
4:33 am
Wed July 18, 2012

Business News

Originally published on Wed July 18, 2012 9:57 am

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

Some surprise earnings are at the top of NPR's business news.

RENEE MONTAGNE, HOST:

Business
4:33 am
Wed July 18, 2012

Would-Be Homebuyers Appear To Be More Confident

Originally published on Wed July 18, 2012 9:57 am

Transcript

RENEE MONTAGNE, HOST:

And the nation's homebuilders are feeling more optimistic than they have since March, 2007, just before the beginning of the Great Recession. What's more, the National Association of Home Builders' Housing Market Index has posted its largest one-month gain in roughly a decade.

NPR's Wendy Kaufman reports.

WENDY KAUFMAN, BYLINE: David Crowe, the chief economist at the Home Builders Association says things are definitely looking up. It's a trend that began last September.

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Economy
4:33 am
Wed July 18, 2012

Economic Update

Originally published on Wed July 18, 2012 5:58 pm

Transcript

RENEE MONTAGNE, HOST:

If Ben Bernanke is frustrated by the economy, as he seems to be, he might look at a recent issue of The Economist magazine. Editors there see enough strength that they saw fit to print an illustration of Uncle Sam as a bare-chested muscleman.

STEVE INSKEEP, HOST:

Let's talk about that and more with regular guests on this program, Zanny Minton Beddoes of The Economist. Welcome back to the program.

ZANNY MINTON BEDDOES: Nice to be here.

INSKEEP: And David Wessel of The Wall Street Journal. Hi, David.

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