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Every year the National Book Foundation features a few fresh faces or unfamiliar names among the nominees for its annual literary prize. This time around, though, there's a twist. One of the actual National Book Award categories is something readers have not seen for quite some time: a prize for a work in translation.

Lessons learned from an economist's diary during the Lehman collapse

Sep 14, 2018

It's been 10 years since the collapse of Lehman Brothers and a financial crisis that rolled over the country. Many people dealt with it in different ways. Diane Swonk, an economist with Grant Thornton, kept a running diary. It's not just a diary of all the things she wrote during that period, she said, but she also "went back and filled in the blanks on it, because it was just such an extraordinary period in time." She spoke with Sabri Ben-Achour for Marketplace Morning Report.

Below is an edited transcript of their conversation.

Updated at 4:30 p.m. ET

More than 100 people were waiting to be rescued from homes and vehicles Friday morning in New Bern, N.C., after Hurricane Florence brought severe flooding to the area. Officials say more than 100 people have already been rescued in the area overnight.

Six swift water rescue teams have been working since Thursday afternoon to evacuate individuals and families, in some cases, from the roofs of their homes, the New Bern Public Information Officer Colleen Roberts said Friday afternoon.

New Bern Resident On Hurricane's Impact

Sep 14, 2018

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(U.S. Edition) There are only 14 weeks to go until Christmas. Perhaps it's a little too early to think about holiday shopping, unless you're a retailer. With a mere few months to go before holiday shopping season, companies are gearing up to hire a lot of workers. Also, 10 years ago, Lehman Brothers was on the verge of filing for bankruptcy. It eventually became the largest bankruptcy in history.

The jury is in on marine reserves: They work. Research has repeatedly shown that fish numbers quickly climb following well-enforced fishing bans, creating tangible benefits for fishers who work the surrounding waters. In fact, many experts believe fishing will only be sustainable if marine reserves are expanded significantly.

That's why some activists and scientists are now discussing the idea of creating a marine reserve so big it would cover most of the ocean. Specifically, they want fishing banned in international waters.

A view from the center of the Lehman Brothers collapse

Sep 14, 2018

Lehman Brothers was around for over 150 years before it filed for bankruptcy in 2008, marking the beginning of the global financial crisis. Unlike firms like AIG who had federal bailouts to back them up, Lehman was on its own. Tom Russo, former general counsel of Lehman Brothers and later, AIG, talked to host Sabri Ben-Achour about what would have hypothetically happened if Lehman Brothers had received relief from the Fed and why under certain circumstances "bailout" doesn't need to be a bad word.

Below is an edited transcript of their conversation.

As Hurricane Florence makes landfall in the Carolinas, in Washington the focus is how the Trump administration will respond to the storm's aftermath, and the inevitable property damage, power outages and potential loss of life.

The federal response is coordinated by FEMA, the Federal Emergency Management Agency. The agency's reputation suffered last year following its lagging response to Hurricane Maria. And while President Trump and FEMA officials insist they're ready this time, there have already been missteps that have some believing the agency's confidence may be misplaced.

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North Carolina Governor Roy Cooper is on the line. His state is receiving the heart of Hurricane Florence. The eye of the storm is near Wrightsville Beach, N.C., which is near the seaport of Wilmington. Governor, good morning.

(Global Edition) From the BBC World Service … Bank of England Governor Mark Carney has reportedly warned about a chaotic economic scenario under a no-deal Brexit scenario. We break down what the bank is forecasting and what impact it could have on households. Then, before Apple and its iPhone dethroned it, Blackberry was once a king in the smartphone space. Now, it focuses on cybersecurity. We’ll hear from CEO John Chen about what he thinks of the security of self-driving cars and company systems.

Updated at 5:20 a.m. ET Saturday

Tropical Storm Florence is still a slow-moving giant that poses danger to people in North and South Carolina, as its storm surge and intense rains bring high floodwaters to towns both on the coast and inland.

The storm has been linked to at least five deaths, a toll that is expected to climb.

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Seeking to "evaluate the independence and effectiveness" of the federal Consumer Financial Protection Bureau's student loan office, 15 members of the Senate Democratic Caucus sent a terse letter Thursday evening to Mick Mulvaney, the CFPB's acting director. The letter was first obtained by NPR.

Wilmington Bar Stays Open

Sep 14, 2018

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Obama Rallies In Ohio

Sep 14, 2018

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Former President Barack Obama spoke last night in Ohio where Democrats hope to take back the governorship. The former president has been defending his record and questioning that of his successor. NPR's Don Gonyea reports from Cleveland.

Caterer Saves The Wedding

Sep 14, 2018

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It's early in the morning and 20-year-old Aaron Reid looks like he's sleepwalking.

His head nods forward and he shuffles a bit as he heads toward the pediatric clinic at the National Institutes of Health Clinical Center.

Reid, who has been fighting leukemia since he was 9-years old, is experiencing intense pain.

He can't say much at the moment, so his mother, Tracie Glascox, speaks for him. "He's been complaining of pain in his ankles, his knees and his arms," she tells the nurse.

President Trump may soon double down on his strategy of releasing secret documents to undercut the Russia investigation by unveiling one with still fewer redactions — or none.

In July, the administration released the top secret application made by the FBI in 2016 to collect the communications of a onetime Trump campaign adviser, Carter Page. It was heavily redacted, with entire pages blacked out.

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Updated at 8:15 p.m. ET

Donald Trump's former campaign chairman Paul Manafort is close to reaching a plea deal that would avert a trial scheduled to start later this month in Washington, D.C.

No details were immediately available about the charges to which Manafort might plead guilty or whether he might cooperate with prosecutors, according to a person familiar with the matter. The person asked not to be identified.

The tentative deal was first reported on Thursday evening by ABC News.

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Hurricane Florence, currently tearing along the Southeast coast of the U.S. could bring wind gusts of 80 mph. The governor of North Carolina said that "tens of thousands of structures are expected to be flooded." The post-storm costs could be high as communities buy up the drywall, lumber, and steel to rebuild. The price of some of those imported materials is being driven up by tariffs.

Click the audio player above to hear the full story. 

Updated at 9:42 a.m. ET on Friday

Federal authorities have opened an investigation into a series of explosions that set off fires in several small towns in Massachusetts on Thursday night, killing one person and injuring several others.

The National Transportation Safety Board announced Friday that it is sending a team to investigate "what certainly appears to be multiple explosions involving a natural gas pipeline."

Help! I’ve fallen and I need a smart watch!

Sep 13, 2018

Among the updates during Wednesday’s Apple keynote were some changes to the Apple Watch. Series 4 of the smartwatch will come with price tag starting at $399, and will include a bigger screen, thinner body, and new health tracking capabilities including a better heart rate monitor. But one feature that hasn’t received as much attention is the watch’s new “fall detection capabilities.”

The vampire facial was only supposed to sound scary. Sure, it involves extracting the patient's own blood, isolating the platelet-rich plasma by spinning it in a centrifuge and then re-injecting it into the face. But the results are touted to be rejuvenated, smooth and supple skin, not an HIV or hepatitis scare, as clients of the VIP Spa in Albuquerque, N.M., are now facing.

A federal judge denied bail on Wednesday to all five members of an extended family accused of operating a training camp for a violent attack on public institutions out of their isolated New Mexico compound.

During the arraignment hearing, Magistrate Judge Kirtan Khalsa told the defendants there was "clear and convincing evidence that you are a danger to the community," The Associated Press reported.

Updated at 6:20 p.m. ET

The White House is accusing Senate Democrats of an unfounded "11th hour attempt to delay" a vote on the nomination of Brett Kavanaugh to the U.S. Supreme Court.

Sen. Dianne Feinstein of California, the ranking Democrat on the Senate Judiciary Committee, released a statement Thursday afternoon disclosing that she had referred "a matter" involving Kavanaugh to "federal investigative authorities."

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