Hurricane Earl's winds and driving rains churned over the North Carolina in the dark of night, leaving residents and officials to wait for daybreak to assess the damage.
General rule of thumb: when looking to buy marijuana, don't text the sheriff. Authorities said a Helena teen sent out a text message last week in search of pot, but instead of contacting the drug dealer, he hit a wrong number and inadvertently sent the message to Lewis and Clark County Sheriff Leo Dutton.
A 70-year-old scientist sparked a bomb scare at Miami airport Thursday evening when screeners found a metal canister in his luggage that looked like a pipe bomb, a government official said.
Bethany Storro had just bought a pair of sunglasses and was celebrating a new job when a woman walked up to her with a cup and said: "Hey pretty girl, do you want to drink this?"
[at Reuters] - Atlanta Federal Reserve Bank President Dennis Lockhart said on Friday the path of the economy will determine whether the central bank needs to ease monetary policy further or not.
[at MarketWatch] - Growth slowed in the U.S. non-manufacturing sector in August, hitting 51.5%, compared with 54.3% in July, the Institute for Supply Management reports.
[at MarketWatch] - There has been too much alarmist discussion of recent economic indicators and the outlook is not as pessimistic as some have suggested, said Dennis Lockhart, the president of the Atlanta Federal Reserve Bank on Friday.
[at Reuters] - Overhauling the U.S. financial system after the worst crisis since the 1930s will not be easy, but it is critical, Federal Reserve Bank of Chicago President Charles Evans said on Friday.
[at Reuters] - U.S. short-term interest rate futures traders raised expectations of a Federal Reserve rate hike next year, after a government report showed the economy lost fewer jobs in August than expected.
[at MarketWatch] - The U.S. economy shed 54,000 nonfarm jobs in August, the Labor Department reported Friday, a much slower decline than economists anticipated as the health care and temporary staffing industries expanded.
[at MarketWatch] - The U.S. economy shed 54,000 nonfarm jobs in August, the Labor Department reported Friday, a much slower decline than economists anticipated as the private sector created employment.
[at Reuters] - The U.S. Treasury is concerned about how many foreign investors it should allow to buy big stakes in General Motors Co s proposed initial public offering, the Wall Street Journal said.
[at Reuters] - The White House stressed on Thursday that no second economic stimulus package is being considered as part of new measures under review by President Barack Obama s team.
[at CNBC] - Friday s jobs report is expected it to be pivotal not only for stock and bond investors but for the Federal Reserve, which is weighing whether to take further steps to boost the struggling US economy.
Public education and standardized testing lead to a standardized citizenry of thoughtless unoriginality, according to a high school valedictorian in New York.
The board on Thursday authorized district Superintendent Ramon Cortines to start negotiating with unions to develop a new system to evaluate teachers and administrators that includes using so-called value-added data.
