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It's become a pattern: On the first Friday of the month, the Labor Department issues a disappointing economic report. Republicans cite it as proof of President Obama's failed policies. The White House urges everyone to focus on the glass half full. And both sides miss the broader picture.

Maybe you won't pay several hundred dollars for a pair of sneakers, but there are a lot of people who will — providing they are the right sneakers. Demand for certain models has spawned a robust market for resellers — people who buy up the available supply and resell them for a profit.

The former head of the bank Bob Diamond apologized for "reprehensible behavior" in testimony before a British parliamentary committee Wednesday. But he complained the bank had been unfairly singled out for manipulating banking loan interest rates.

Members of Congress have left town for their July 4 recess but Washington is still reacting to the Supreme Court decision upholding President Obama's health care law. Each party is looking for ways to use the decision to its advantage in the fall campaign.

European nations have pledged to cut off oil imports from Iran beginning Sunday, tightening the sanctions that target Iran's nuclear program. Iran is expected to feel the squeeze — but the move could also push up world oil prices.

President Obama endures it. So does Mitt Romney. Comics make a living off it. And even a PGA golfer heard a chorus of taunts at a recent tournament. So what is it that makes heckling such a cultural institution?

Mexican author Carlos Fuentes died Tuesday at age 83. He was a prolific novelist whose work was read by everyone from the Mexican elite to the working class, making him one of the country's most influential social critics. Host Michel Martin speaks with OC Weekly columnist Gustavo Arellano about Fuentes' influence, both in Mexico and abroad.

Disco queen Donna Summer has died of cancer at the age of 63. For many music fans, Summer's soaring voice and glittering style epitomized the excess and electricity of the 1970s. Host Michel Martin takes a look back at her music and her legacy with Mark Anthony Neal, a Duke University professor of black popular culture.

The movie being talked about the most at this year's Cannes Film Festival in the south of France is Michael Haneke's Amour. It's the 65th anniversary of the festival.

Egyptian voters go to the polls over the next two days to vote for president. There are 12 candidates but polls suggest the race is down to four men: two Islamists and two former officials in the regime of ousted President Hosni Mubarak. If no one wins at least 50 percent of the vote in the first round, a runoff will be held next month.