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4:05 am
Thu June 21, 2012

Why Your 401(k) May Be Worth Less Than You Think

The Labor Department will mandate that 401(k) plan providers disclose more information about the fees they charge.
iStockphoto.com

Originally published on Thu June 21, 2012 3:26 pm

As Americans watched their nest eggs sink during the Great Recession, many wondered whether they would ever be able to retire. Come this fall, millions of workers who invest in 401(k)s will learn their plans are probably worth even less than they thought.

"Fees take away from the accumulated savings of your lifetime," says Mary Beth Franklin, a contributing editor at InvestmentNews.

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Crisis In The Housing Market
4:03 am
Thu June 21, 2012

Bidders Get Feisty Over Foreclosed Homes

Daily auctions are held on foreclosed properties in front of the county courthouse in Corona, Calif. About 80 bidders, representing investors, show up to bid on properties.
Yuki Noguchi NPR

Originally published on Thu June 21, 2012 6:21 am

For-sale homes in California are sparse, even in areas with high foreclosure rates. It has led to buyers like Jennifer Bryant, who is willing to throw money at just about anyone willing to sell her a house.

Since February, Bryant has made 35 offers on homes in Riverside, only to be elbowed out by other bids. With few houses available and many bidders chasing these properties, she feels she has, at most, an hour to consider each house.

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American Dreams: Then And Now
3:50 am
Thu June 21, 2012

Native American Comic Living The 'Indigenous Dream'

Comedian Charlie Hill says he's achieved the American dream, but that it's been out of reach for many fellow Native Americans.
Courtesy of Charlie Hill

Originally published on Thu June 21, 2012 9:53 am

Native American comedian Charlie Hill says he's living the American dream.

Actually, make that the "indigenous dream," which he prefers to call it.

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Theater
3:49 am
Thu June 21, 2012

50 Years Later, Still Free, Still Battling The Weather

Orlando (David Furr), Rosalind (Lily Rabe, right) and Celia (Renee Elise Goldsberry) in As You Like It. The Public Theater's production opens the 50th-anniversary season at New York's Delacorte Theater.
Joan Marcus The Public Theater

Originally published on Thu June 21, 2012 6:21 am

On Monday evening, one of New York's most cherished cultural institutions celebrated an anniversary. The Delacorte Theater, home of the free annual Shakespeare in the Park, turned 50, and Meryl Streep and Kevin Kline led an all-star cast in a staged reading of Romeo and Juliet.

When Kline was still a student in the drama program at The Juilliard School, he made his professional debut at the Delacorte. "My first job was carrying a spear in Richard III," he remembers.

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Music
3:48 am
Thu June 21, 2012

Fred Hammond: A 'Phenomenon' On The Gospel Chart

Gospel singer Fred Hammond has cranked out a chart-topping single.
Courtesy of the artist

Originally published on Thu June 21, 2012 6:21 am

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Asia
3:32 am
Thu June 21, 2012

In Pakistan's Anti-Corruption War, A Lonely Warrior

Retired senior police investigator Zafar Qureshi, 59, stands outside his home in Lahore, Pakistan, where security guards are stationed 24 hours a day. The former police official has probed some of the highest profile cases of official misconduct in Pakistan, and says he fears for his safety and that of his children in a country that he says is steeped in a "culture of corruption."
Julie McCarthy NPR

Originally published on Thu June 21, 2012 10:35 pm

Pakistan's National Assembly has been summoned to elect a new prime minister for the fragile coalition of President Asif Ali Zardari. A consensus candidate, current Textile Industry Minister Makhdoom Shahabuddin, emerged soon after the Supreme Court's dramatic firing of outgoing Premier Yusuf Reza Gilani.

The court disqualified Gilani from office this week for defying court orders to pursue dormant corruption charges against President Zardari.

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Latin America
1:31 am
Thu June 21, 2012

Mexico's Youth Make Voices Heard Ahead Of Vote

A man wearing a mask holds up a machete during a protest in May against a possible return of the old ruling Institutional Revolutionary Party in Mexico City.
Eduardo Verdugo AP

Originally published on Thu June 21, 2012 7:55 am

Mexicans go to the polls July 1 to choose their next president, and polls show that voters seem inclined to embrace the past. The center-left Institutional Revolutionary Party, or PRI, which ruled the country for more than seven decades before being ousted 12 years ago, holds a solid lead.

But Mexico's young are making their voices heard: Some fear a return of authoritarian rule; others simply want jobs.

Making Noise

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It's All Politics
8:34 pm
Wed June 20, 2012

House Panel's Contempt Vote Against Holder Part Of Political Firefight

Originally published on Wed June 20, 2012 8:41 pm

Good luck if you're looking to see what Americans think about the "Fast and Furious" gun-running controversy that has escalated into a constitutional fight between President Obama and the GOP-led House.

The No. 1 concern of voters is clear: In survey after survey, the economy comes out on top. But the impact of Fast and Furious, the since-killed program that funneled weapons from U.S. gun dealers to Mexican drug gangs, is a lot murkier.

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All Songs Considered Blog
7:35 pm
Wed June 20, 2012

The Drop: UZ Sets A Trap

Courtesy of the artist

Originally published on Wed June 20, 2012 7:59 pm

There's an overwhelming amount of electronic music available on the web, and every week a new crop emerges. Countless remixes, edits and mashups make their way through the web every day. It's a lot to sift through; everyone could use a little help.

The music I'm obsessed with this week is an EP called Trap S--- by a producer named UZ.

We don't know much about UZ — I spoke with him over email, but his alias was about all the guy would reveal about himself. The name of his EP is a profane piece of slang that the producer traces back to hip-hop.

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The Two-Way
6:51 pm
Wed June 20, 2012

On The First Day Of Summer, It's Blazing Hot In The Northeast

Four-year-old Solaris Arias, of Providence, R.I., right, jumps through water spraying from an open fire hydrant on Wednesday.
Steven Senne AP

Today is the summer solstice in the western hemisphere: It marks the longest day of the year and also marks the first day of summer.

That's pretty obvious in the northeast today. Here in Washington, D.C., it's still 97 degrees and it's almost 7 p.m. The AP reports that New York City, Boston and Philadelphia all hit the 90s.

The AP adds:

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