All Things Considered

Mortgage rates have seen a relatively sharp rise this month. The average 30-year fixed-rate loan hit 4 percent earlier in June — a big jump from the record lows of recent years. Some investors are now concerned that the housing recovery could be stifled if rates continue to rise quickly.

The Federal Reserve has two main missions: to maximize employment and minimize inflation. Right now, there are few, if any, signs that prices for goods are spiking, and the job market is still crawling out of its long, deep slump.

The violin and viola that Wolfgang Amadeus Mozart played himself are in the United States for the first time ever. The instruments come out of storage only about once a year at the Salzburg Mozarteum in Austria. The rest of the time, they're kept under serious lockup.

Miguelo Rada doesn't seem like the kind of guy who'd have extra cash. He just spent 32 years in prison, he lives in a halfway house in West Harlem, and his current income comes only from public assistance.

He uses food stamps for food, wears hand-me-down clothes and buys almost nothing. He is also an unofficial bank.

"If somebody asks me, 'Can I borrow $20?' If I have it I'll say, 'Here!' " he says.

This kind of borrowing is one way people do what economists call "consumption smoothing" – basically making spending more regular, even when income is not.

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

A federal court in New York has ruled that a group of interns at Fox Searchlight Pictures should have been paid for their work on the movie Black Swan. The decision may have broad implications for students looking for their first job.

Eric Glatt filed the federal lawsuit against Fox. He says everyone always told him taking an unpaid internship was the way to get his foot in the door in the film industry.

At Fox, he worked as an unpaid accounting clerk, he says — filing, getting signatures, running checks and handling petty cash — but he was working for nothing.

Death toll numbers in Syria have been revised higher after a report released by the Human Rights Data Analysis Group. Melissa Block talks to Megan Price, the group's director of research.

Unmanned drones aren't just a tool for governments anymore. By as early as this year, the Federal Aviation Administration expects to propose regulations opening up the use of small, unmanned airborne vehicles — or drones — for commercial use.

Tens of thousands of these little, civilian drones are sold and piloted by hobbyists in the United States every year. Right now these drones are flown almost exclusively for non-commercial uses by enthusiast like Pablo Lema. Lema spends weekends flying his quardracopter around the San Francisco Bay.

Firearms manufacturers are pulling up stakes in at least two of the five states that enacted tough new guns laws following the school shootings at Sandy Hook Elementary School last year.

In the months after those shootings, governors in New York, Connecticut and Maryland signed broad new bans on assault weapons. Delaware passed a law requiring universal background checks. Colorado adopted background checks and a ban on high-capacity magazines.