Morning Edition

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Waking up is hard to do, but it's easier with NPR's Morning Edition.  Hosts Renée Montagne and Steve Inskeep bring the day's stories and news to radio listeners on the go.  Morning Edition provides news in context, airs thoughtful ideas and commentary, and reviews important new music, books, and events in the arts.  All with voices and sounds that invite listeners to experience the stories.  Morning Edition, it's a world of ideas tailored to fit into your busy life.

Longtime fan King Abdullah II is putting up $1.5 billion for the Star Trek-themed park, beckoning fellow Trekkies to a place where few have gone before: a town on the Red Sea. It's a new frontier for a king who's actually been on board the starship USS Voyager — during a cameo on the show in the '90s.

With the fight over the U.S. debt ceiling finally over, investors are free again to focus on all the economic challenges that lie ahead, but they are finding little reason to celebrate. Stock markets around the world fell sharply on Tuesday, skipping the "relief rally" that customarily follows the resolution of a crisis.

In the United States, signs of a serious economic slowdown had been building up, though with attention focused on the debt-ceiling debate, the news had apparently not yet sunk in.

Steve Inskeep has this morning's business news.

Steve Inskeep talks with Richard Koo, chief economist with the Nomura Research Institute, about debt ceilings, deficits and viewing the U.S. debate from Japan.

The big three automakers continue to see growth in their recovery but last month sales hit a bit of a bump. The overall U.S. market was dragged down by sluggish sales of Hondas and Toyotas. Companies are still struggling to work out problems with their supply chains following Japan's earthquake and tsunami in March. NPR's Sonari Glinton reports.

Next week, at some place in Indianapolis where time has been instructed to stand still, Mark Emmert, president of the NCAA, will convene what is being called, without irony, a "retreat."

Assembled will be about 50 college presidents, pledged, it seems, to make sure that college athletics continue to remain firmly in the past, in the antiquated amateur hours.

Later today, President Obama is expected to sign the bill to avert a U.S. debt default. Despite Obama's actions, there is still concern the U.S. credit rating could be downgraded.

Just a few days ago, the political system seemed completely stuck as the Aug. 2 debt-default deadline approached. Now the deadline has arrived, and it seems likely that President Obama will sign a debt limit extension. NPR's Ron Elving talks with Steve Inskeep about the path Congress took to get to the agreement.