Reuters - The underperforming global economy should not be allowed to delay financial system reforms, a senior official at the Financial Stability Board (FSB), a global watchdog set up by the Group of 20 nations, said on Tuesday, adding that the FSB will propose new rules on so-called shadow banking by year-end.
Reuters - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.
ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.
AP - Federal Reserve Chairman Ben Bernanke has called the economy "frustratingly slow." On Tuesday, Congress will find out whether he still thinks so, even after Friday's news that hiring surged in January and unemployment reached a three-year low.
AP - Former Sen. Bob Kerrey said Tuesday he will not run for the Nebraska Senate seat he gave up more than a decade ago, shutting down hopes for a bid both parties called Democrats' best chance to hold the seat but that Kerrey himself described as a longshot.
AP - Adm. Bill McRaven said Tuesday that special operations forces in Afghanistan are preparing for a possible expanded role as overall U.S. forces begin to draw down after a decade of war.
AP - Before setting his house ablaze and killing himself and his two young sons, Josh Powell left a voicemail for family members saying he couldn't live without the boys and didn't want to go on anymore.
Reuters - Given the state of the global economy, investors should be underweight equities while favoring "selected commodities" such as gold and oil for the "geopolitical risk", Mohamed El-Erian, CEO and co-chief investment officer of bond fund giant PIMCO, told CNBC on Tuesday.
AP - A political adviser to President Barack Obama said Tuesday the administration didn't intend to "abridge anyone's religious freedom" with its regulation requiring church-affiliated employers to cover birth control for their workers.
AP - Abandoned by her mother and missing a father in prison, Alyssa Bustamante had plunged to the depths of depression before, once overdosing on a large bottle of painkillers, slicing her skin hundreds of times and carving the word "hate" in her arm. She recovered from her suicide attempt and was prescribed an antidepressant drug.
Two blasts rocked a northern Nigerian city Tuesday, including one targeting a military barracks, but the number of casualties was not immediately clear, officials said.
KANSAS CITY, Mo., Feb. 7, 2012 /PRNewswire/ -- The American Heart Association has certified another Kansas City Steak product ( the 5 oz. Top Sirloin Steak ) as part of its Heart-Check Food Certification ...
Reuters - U.S. college students seeking treatment for substance abuse are more likely to be having trouble with alcohol but less likely to be abusing drugs like heroin, cocaine or methamphetamine than their non-student peers, according to a new government study.
AP - The New York Giants are returning from their Super Bowl win to a celebration the likes that only New York can throw: a ticker-tape parade in the Canyon of Heroes on Broadway, where the city has honored stars for almost a century.
Reuters - Government spending for Medicare, Medicaid and other healthcare programs will more than double over the next decade to $1.8 trillion, or 7.3 percent of the country's total economic output, congressional researchers said on Tuesday.
AP - U.S. officials say a senior U.S. military commander will visit Pakistan this month in what could be an important step in healing the rift between the two nations.
AP - The entire staff at a Los Angeles elementary school is being removed while authorities investigate horrific allegations of sexual abuse by two of the school's teachers, one of whom is accused of blindfolding children, taping their mouths and photographing them in a classroom.
Google's highly-anticipated plan to build an ultra-fast city broadband network kicked into gear Monday with the search giant's announcement that it will begin laying miles of fiber-optic cable across Kansas City, Kansas and neighboring Kansas City, Missouri. Google said it aims to create a new "high speed infrastructure" that will allow local citizens to enjoy data speeds 100 times the national ...
AP - German industrial production fell 2.9 percent in December from the month before, according to official data released Tuesday, suggesting the country's economic slowdown could be worse than expected.
AP - A small group of Marines trudged onto the beach sands in pitch-black night with an armada of U.S. Navy warships sailing just off the shore. Their mission: root out insurgents that threatened to attack another American force to the south.
Local Corporation , a leading online local media company, today announced that its display network served a record one billion ad impressions during December 2011, up
Reuters - Swiss bank UBS predicted further weakness in investment banking after a restructuring of the business failed to prevent an earnings hit from the euro zone debt crisis and worries about the global economy.
A new leader is expected to soon manage Harrisburg’s affairs. If Commonwealth Court confirms Unkovic’s plan, the COO essentially would be the city’s chief executive. Still, that doesn’t mean that person would take away Thompson’s responsibilities, Unkovic said.
AP - Additional U.S. sanctions on Iran are more significant for their timing than their immediate effect on Iran's economy, coming as the United States and its allies are arguing that Israel should hold off on any military strike on Iranian nuclear facilities to allow more time for sanctions to work.
NEW YORK, Feb. 7, 2012 /PRNewswire/ -- On a daily basis, city dwellers are confronted with a number of hidden stresses, toxic assaults to the body and stimuli that are unique to an urban environment. The ...
AP - Alexis McKenzie's mother had mild dementia, but things sounded OK when she phoned home: Dad was with her, finishing his wife's sentences as they talked about puttering through the day and a drive to the store.
Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.
Reuters - German industrial output posted its biggest fall in December since the depth of the financial crisis at the start of 2009, the Economy Ministry said on Tuesday, underperforming forecasts by a wide margin.
Time.com - Whether or not Newt Gingrich can carry on a real campaign against Mitt Romney depends in large measure on his political guardian angel, the Las Vegas casino billionaire Sheldon Adelson
AP - Shocking death pictures of a murdered woman were shown to jurors in the trial of former police detective Stephanie Lazarus — huge close-up portraits of the battered face of Sherri Rasmussen, who died 26 years ago.
AP - Supporters and opponents of California's ban on same-sex marriage were anxiously awaiting a federal appeals court decision Tuesday on whether the voter-approved measure violates the civil rights of gay men and lesbians.
City College of San Francisco officials have informed the FBI that computer viruses with origins in criminal networks have been found on campus computers, but say they have yet to find a single victim whose identity has...
AP - A few years ago, John Rachor painted his helicopter orange and yellow, so it would be easier to spot if he ever crashed and became the target of a search and rescue operation in the rugged forests of southwestern Oregon.
Reuters - In an attempt to regain parents' trust, educational officials said on Monday they are replacing all staff at a Los Angeles school where two instructors are accused of having sexually abused children.
Reuters - The two boys of a man who blew up his Washington state home, killing himself and his sons, suffered chop wounds in their final moments and died of smoke inhalation, a law enforcement official said on Monday.
AP - The Obama administration wants to spend just over half a billion dollars on Alzheimer's research next year, hoping to battle back against what could become the defining disease of the aging baby-boom generation.
ContributorNetwork - COMMENTARY | Some would have us believe the president plays a much smaller role in determining what our economy does than most people believe. I think Americans believe the president has a lot of actual power to correct the economy, and that assumption is incorrect. But many chief executives have used the Oval Office to manipulate change and foster growth that isn't specifically empowered to the presidency.
City leaders want to help residents lead healthier, more active lives after a study last year showed alarmingly high levels of obesity in Long Beach Unified School District students.
Reuters - President Barack Obama has nominated Air Force Lieutenant General Janet Wolfenbarger to become the service's first woman four-star general, military officials said on Monday.
LITCHFIELD – One way or the other, the Litchfield School District’s next superintendent won’t have far to move. Members of the district’s search committee, who are seeking a new leader to replace retiring Superintendent Elaine Cutler, have narrowed their search to three candidates, each with local ties. The finalists, announced Monday, are Brian Cochrane, an assistant superintendent in Nashua ...
Reuters - Oklahoma's Republican governor announced a plan on Monday to dramatically cut state income tax rates and eventually do away with them altogether, and said the state would pay for the cuts by closing "loopholes."
Reuters - About 130 municipal employees in Washington, D.C. may have scammed the city by collecting jobless benefits while still at work, officials said on Monday, in the latest controversy to hit the local government.
AP - People rarely pick a fight with Dirty Harry. But Chrysler's "Halftime in America" ad featuring quintessential tough guy Clint Eastwood has generated fierce debate about whether it accurately portrays the country's most economically distressed city or amounts to a campaign ad for President Barack Obama and the auto bailouts.
AP - Fisker Automotive, an electric car maker that received a half-billion-dollar loan from the federal government, said Monday that it has laid off workers in Delaware and California.
PPC managers over the years have always struggled with the right number of keywords to have in their accounts. Should you build out a big inventory of long tail keywords, or keep your campaigns neat and tidy, with fewer terms that account for most of the volume?
Reuters - About 130 Washington DC municipal employees may have scammed the city by collecting jobless benefits while still at work, the District of Columbia said on Monday, in the latest scandal to hit the local government.
Reuters - The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be "very large" as negotiations between bondholders and the government drag on to cut Greece's debt burden.
AP - Gold prices fell Monday as the Greek debt crisis returned to the spotlight, renewing concerns about the impact that Europe's financial troubles could have on the global economy.