Economists Say Recession May Be Over
The Federal Reserve on Wednesday held interest rates steady, kept other stimulus measures in place and, in a sign of hope, said the economy was stabilizing. These steps and other signs are leading a growing number of economists to say they think the recession is finally over.
South Florida Hospitals Compete For Foreign Patients
Hospitals are welcoming wealthy and middle-class foreign patients who pay cash or have insurance coverage. Miami hospitals are launching marketing campaigns to lure patients from the Caribbean and Latin America. Some hospitals are even opening offices overseas.
Expert Panel To Advise Obama On Spaceflight
An expert panel asked by President Obama to make recommendations about the future of human spaceflight has said the goal of returning to the moon by 2020 isn't feasible if NASA's budget continues at its current level. The panel is scheduled to the brief the White House on Friday.
Gilbert-Sullivan Feud Subject Of Children's Book
After creating several operettas together, composers Gilbert and Sullivan split up. Sullivan became tired of doing the same kind of music over and over again. They reunited years later when Gilbert came up with the idea for their masterpiece, The Mikado. Jonah Winter, the author of a children's book called The Fabulous Feud of Gilbert and Sullivan, says an episode in Gilbert's life turned their relationship around.
Missing Ship May Have Been Hijacked
There are reports that a ship with a Russian crew may have been hijacked. Russian warships have been ordered to search the Atlantic for The Arctic Sea, which is registered in Malta. The vessel has not been seen since it passed through the English Channel two weeks ago.
Iran's Post-Election Detainees Likely Tortured
There are claims that many of those in detention in Iran following that country's disputed presidential election have been tortured. Borzou Daragahi of the Los Angeles Times says it's unclear just how many people are in prison.
Mexico Denies U.S. Coveted Soccer Win
More than 100,000 fans filled Mexico's Azteca Stadium Wednesday for the World Cup qualifying match between Mexico and the U.S. The Americans hoped to break a 72-year losing streak on Mexican soil, but Mexico City's altitude was against them.
Sugar Prices Near 30-Year Highs
The price of sugar is trading at 22 cents per pound, the highest in nearly 30 years. The reason is a shortage of supplies: Bad weather has affected the crop in India, and in another major sugar-producing country, Brazil, much of the sugar crop goes toward ethanol.
White Pages Look To Go Green
Each year, an estimated 5 million trees are cut down just to publish the White Pages phone book. It's hard to cut down on the environmental harm because many states require phone companies to publish and deliver white pages phone books to every landline subscriber. On Wednesday, Whitepages.com, an online directory, released a survey of 1,000 adults showing the great majority of people want laws to allow people to "opt-in" if they want a hard copy of the white pages.
In Crisis, A Call To Return To Old Ways: Usury Laws
Credit card companies' practice of charging excessive interest rates hurts consumers — and it should be illegal, says financial historian Charles Geisst. The author of a new book about consumer debt, Geisst says one small change helped to shift attitudes about debt: what we call it.