Many of us were introduced to the term LIBOR for the first time this week, when it was revealed that some banks might have been manipulating the dull but vital interest rates to gain an edge in the market.
The heat is continuing to shatter records across the Midwest. Indiana is among the states being smothered by triple-digit temperatures and excessive heat warnings are in effect, but still many Hoosiers have to work out in the dangerous conditions. Sara Wittmeyer from member station WFIU reports on how people are coping during the heat wave and when they might see some relief.
"I will be outspent." This simple phrase headed an email President Obama recently sent to supporters.
"We can be outspent and still win," the message read. "But we can't be outspent 10 to 1 and still win." Obama asked for donations of as little as $3 to compete against the deep pockets of Republican challenger Mitt Romney and the super political action committees that back him.