NPR's business news starts with some good news for the housing market.
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GREENE: Home foreclosures in the United States are down for the third straight month, according to the foreclosure listing from RealtyTrack. Nationwide, a new RealtyTrack report finds foreclosure rates in April were down 14 percent over last year, hitting the lowest monthly level in nearly in five years. Transcript provided by NPR, Copyright NPR.
Euros are being drained out of Greek banks at a rate of up to $1 billion a day this week. In the wake of the country's election turmoil, depositors are nervous about the heightened possibility of a Greek exit from the euro. If that were to happen, euros left in Greek banks could be worth much less than euros outside the country.
Beyond Meat, a new company based in Maryland, has come up with an alternative to chicken meat that it claims is a dead ringer for the real thing. And unlike other meat alternatives on the market, this one aims to be cheap as well as tasty.
This weekend, about 60 heads of state and government, and thousands of others will descend on Chicago to attend a NATO summit. The gathering will focus on the alliance's involvement in Afghanistan — and ensuring a long-term commitment to the country.
But the meeting comes at a time of tension within NATO. Discussions will also include the future of NATO itself, and whether it can overcome its shortfalls.
Many art lovers feel completely in the moment when they stroll through the galleries of a museum. That feeling was particularly true on a recent morning at the Kreeger Museum in Washington, D.C. The Kreeger runs a special program for people with Alzheimer's — seniors, their caregivers and middle school students are paired together to enjoy the art and one another's company.
The man known as the Godfather of Go-Go has died. Chuck Brown pioneered a musical style of percussion-heavy funk that was born in Washington, D.C. Brown died at age 75 after suffering from pneumonia. Robert Siegel has this remembrance.
Alexander Arbuckle, the defendant in the first Occupy Wall Street case to go to trial, has been found not guilty after video of the incident he was involved in showed him breaking no laws. The Village Voice reports:
President Obama and congressional leaders lunched at the White House Wednesday on sandwiches the leader of the free world purchased during a visit to a Washington, D.C., eatery where he met earlier in the morning with a group of small-business people.
Descriptions of the White House lunch meeting from those on the opposing red and blue teams aware of the details of the discussion made it sound like yet another meeting featuring the nation's top policymakers that you could have accurately described beforehand.
The House and the Senate are once again at odds: This time over a reauthorization of the Violence Against Women Act.
The Senate passed a beefed-up version of the bill and the House removed those new protections in their version. With that, the conversation has shifted into the controversial areas of immigration and identity politics. The House debated the bill — H.R. 4970 — today and a vote could be scheduled for this week.