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NPR's top editor Edith Chapin resigns days after Congress yanks federal funding

NPR's top editor Edith Chapin resigns days after Congress yanks federal funding

New York Post5 days ago
NPR's top editor and acting chief content officer is leaving the organization later this year — just days after Congress axed its federal funding.
Edith Chapin told staffers Tuesday that she is stepping down and that she gave her notice to NPR Chief Executive Officer Katherine Maher two weeks ago, according to a report from NPR.
The move comes at a difficult time for public broadcasters like PBS and NPR— home to flagship shows 'Morning Edition' and 'All Things Considered.'
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3 NPR's top editor Edith Chapin has resigned amid federal funding cuts that will impact the public broadcaster.
Getty Images for IWMF
Last week, Congress slashed all $500 million in annual federal funding for the Corporation for Public Broadcasting, which backs NPR and PBS.
NPR receives about 1% of its funds from federal sources annually, and about 3% indirectly from stations, the company has reported.
The bulk of NPR's funding comes from member station fees, corporate sponsorships and individual donations, but the cut in funding could have a major impact on its member stations.
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'I have had two big executive jobs for two years and I want to take a break. I want to make sure my performance is always top-notch for the company,' Chapin said in an interview with NPR.
She said she expects to stay at the company until September or October.
In a note to staffers on Tuesday, Maher thanked Chapin for her work.
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'Edith has been an indispensable partner during my first year at NPR, a steady leader for a large part of this organization, and a fantastic collaborator as a member of the executive team,' she wrote.
The CEO didn't provide any details about transition planning and interim leadership yet.
Chapin's departure means Maher will need to fill two top roles at the company. Chapin oversaw NPR's news report, as well as its podcasting business.
3 NPR CEO Katherine Maher thanked Chapin for her service and said she will update staffers on transition planning soon.
Anadolu via Getty Images
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The veteran journalist joined NPR from CNN in 2012 as chief international editor and has held different roles during her time there, including senior vice president of news and editor in chief.
In 2023, she became NPR's top editor and added the role of interim chief content officer a few months later.
Around that time, NPR had been gripped by budget cuts and laid off 10% of its staff and halted the production of several podcasts.
3 Legislation to claw back federal funding from public broadcasters, including NPR and PBS, is expected to hit President Trump's desk.
Corbis via Getty Images
A year later, one of its senior editors, Uri Berliner, penned an essay for The Free Press that accused NPR of having liberal bias.
Chapin sent a memo to staff shortly after, defending the 'exceptional work' of NPR journalists as the company took steps to increase editor scrutiny on its stories. Berliner, who had been suspended without pay, resigned soon after.
The House of Representatives' vote to claw back federal funding last week has shaken up staffers at NPR. Maher spoke to employees last week, telling staffers that the company will face 'a tremendous amount of change.'
The legislation will head to President Trump's desk for his signature.
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Legendary Wall Street forecaster Bob Doll is having his best year
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Miami Herald

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  • Miami Herald

Legendary Wall Street forecaster Bob Doll is having his best year

Stock market prognosticators are wrong so frequently that observers can rightly wonder if they're making forecasts using the oldest soothsaying methods, drawing pebbles from a pile, dropping hot wax into water, using random dots on paper or, of course, trying to find something magical in numbers. Yet at the start of every year – and again at the midpoint – countless market watchers take their crack at divining the future, mixing educated conjecture, informed hunches and the occasional WAG (wild-ass guess). Related: Veteran analyst drops updated stock market forecast Measured just about any way possible, most of those projections are wrong. CXO Advisory Group analyzed more than 6,500 forecasts-using methodologies ranging from fundamental to technical analysis-made by 68 experts on the U.S. stock market from 2005 through 2012. The investigation found that the accuracy of the forecasts was below 47% on average. That loses to a coin flip. 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The VIX averaged 18.5 in the first quarter and 24.4 in the second, so this call –and the VIX has only been this high in two of the last 13 calendar years – might have seemed like a longshot but now looks like a sure experience a 10% correction and price/earnings ratios contract. The correction went on the books in April, and P/E ratios are down and appear likely to stay that way. This can be marked in the win portfolios beat cap-weighted portfolios and value beats growth. Both of these conditions are true at the moment; the question is whether that will hold up through energy and consumer staples outperform healthcare, technology and industrials. This looked like a sure thing into June, when the margin of outperformance shrank. If financials weaken, it could put this one in jeopardy; barring that, it looks like another win."Congress passes the Trump tax cut extension, reduces regulation, but tariffs and deportation are less than expected." 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Trump should consider pardon for Epstein accomplice Ghislaine Maxwell in exchange for telling her secrets, GOP rep says
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Trump should consider pardon for Epstein accomplice Ghislaine Maxwell in exchange for telling her secrets, GOP rep says

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