The Two-Way
9:17 am
Mon October 14, 2013

Reid And McConnell Cite 'Progress' As Default Deadline Looms

Still Right Twice A Day: Visitors look at the Ohio Clock outside the Senate chamber on Capitol Hill Sunday. The clock that has stood watch over the Senate for 196 years stopped running shortly after noon Wednesday. Employees who wind the clock weekly were furloughed in the federal shutdown.
Jose Luis Magana AP

Originally published on Mon October 14, 2013 5:34 pm

This post was last updated at 6:10 p.m. ET.

The House and Senate were in session on Columbus Day, the 14th day of the federal government shutdown. A meeting that had been arranged between President Obama, Vice President Biden and the four main leaders of Congress was postponed, as the White House cited the progress being made in negotiations.

The latest word of a possible deal calls for raising the federal debt limit through Feb. 15 and funding a return to work for the government through Jan. 15. We'll update this post as more news comes in.

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Code Switch
9:15 am
Mon October 14, 2013

How Columbus Sailed Into U.S. History, Thanks To Italians

Though he sailed in 1492, Christopher Columbus was not widely known among Americans until the mid-1700s.
Spencer Arnold Getty Images

It's been 521 years since the Italian explorer Christopher Columbus "sailed the ocean blue/in fourteen hundred and ninety-two." Since then, there have been thousands of parades, speeches and statues commemorating Columbus, along with a critical rethinking of his life and legacy.

But the question remains, how did a man who never set foot on North America get a federal holiday in his name? While Columbus did arrive in the "New World" when he cast anchor in the Bahamas, he never made it to the United States.

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Planet Money
8:45 am
Mon October 14, 2013

Economics Nobel: Nobody Knows What Stocks Are Going To Do Today

The Nobel Foundation

If you want to honor today's Nobel laureates in economics, turn off CNBC and ignore everyone who says they know what the stock market is going to do today, tomorrow, or next week.

The award went to three economists — Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller — for their work studying asset prices.

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The Two-Way
8:12 am
Mon October 14, 2013

Americans Win Economics Nobel For Interpreting Stock Prices

Three American professors have won the 2013 Nobel Prize for Economics for their work in identifying long-term trends in the prices of stocks and bonds, based in part on analyzing the role of risk.

Professors Robert J. Shiller of Yale University and Eugene F. Fama and Lars Peter Hansen, both of the University of Chicago, won "for their empirical analysis of asset prices," the Royal Swedish Academy said in announcing the honor Monday.

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Peoria Public Radio News
7:49 am
Mon October 14, 2013

Peoria High partners with Ag Lab

A District 150 high school is hoping to peak students’ interest in science with a partnership with the Peoria Ag Lab. Officials with the USDA National Center for Agricultural Utilization Research initially approached Peoria High School with the idea of accepting some students for a one-day internship next month and a longer-term internship for three junior or senior students next semester. But the school pushed for the partnership to expand to all students.

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State News
7:06 am
Mon October 14, 2013

Mandatory prison time for gun crimes? NRA says no

When the Illinois General Assembly returns to Springfield next week, lawmakers will be asked to increase the minimum prison term for people convicted of illegal gun possession. Advocates of the plan say it's necessary to stem the tide of violence plaguing certain parts of Illinois. IPR'S Brian Mackey has more.

The proposal is relatively simple: if you're arrested with a gun you're not supposed to have, you go to prison for at least three years. Currently, it's possible to get probation, with no time in prison.

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State News
6:55 am
Mon October 14, 2013

Member of Il pension committee comments on process

A member of the Illinois Pension Committee says a lot has been accomplished so far, but she feels there's still a long way to go. IPR'S Rich Egger reports. 

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State News
6:51 am
Mon October 14, 2013

WIU to ask for more state funding

Western Illinois University is asking for a sizeable increase in state funding for next fiscal year. IPR'S Rich Egger reports.

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State News
6:48 am
Mon October 14, 2013

Distracted walking a growing trend

Drivers aren't the only ones who text or talk while traveling. "Distracted walking" is now a growing trend in the US. And many of the "victims" are teenagers. A new report from Safe Kids Worldwide is entitled, "Teens and Distraction: An In-Depth Look at Teens' Walking Behaviors." 

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