Morning Edition

Transcript

STEVE INSKEEP, HOST:

March Madness has barely begun and a key figure in Georgetown basketball has suffered an injury. Team mascot Jack the Bulldog has torn the doggie version of his ACL. Jack's keeper tweeted the injury was likely from jumping on the couch.

Wal-Mart announced an online video partnership with most of the major Hollywood movie studios on Tuesday. The idea is to make it easier for people to legally watch and share movies digitally.

It was a big night for Republican presidential candidate Rick Santorum. He won the primaries in Mississippi and Alabama. Mitt Romney was running third in both states.

Even as the job market is improving and other indicators are positive, the Federal Reserve wants to keep interest rates super low until 2014. The Fed reaffirmed that policy Tuesday. That's likely because the economy is still growing slowly — not nearly fast enough to sustain consistent, long-term job creation.