Reuters - Deflation would be very damaging to the United States economy and with nominal interest rates already very low, quantitative easing may be needed to keep it at bay, a top Federal Reserve official said on Thursday.
Read the full story »AP - Attorney General Michael Mukasey, the no-nonsense former federal judge who took over the Justice Department after Alberto Gonzales resigned in disgrace, collapsed during a speech Thursday night and lost consciousness.
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Mukasey collapses during speech
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AP - Ben Roethlisberger and the Pittsburgh Steelers know exactly how to beat the Cincinnati Bengals with or without Chad Ocho Cinco.
NY chefs and wine connoisseurs got their chance to taste the 2008 Beaujolais Nouveau Thursday.
A judge dismissed felony gun charges against Drew Peterson on Thursday after Will County prosecutors refused to hand over internal documents leading to their decision to arrest the former Bolingbrook police sergeant.
AP - The last time they shared a Lincoln Center stage, violinist Gil Shaham wielded the big smiles as Gustavo Dudamel made his conducting debut with the New York Philharmonic.
AP - Researchers said Thursday they have identified the remains of Nicolaus Copernicus by comparing DNA from a skeleton and hair retrieved from one of the 16th-century astronomer’s books.
AP - The $25 billion rescue plan for the auto industry, desperately sought by Detroit’s beleaguered Big Three, collapsed Thursday as Congress drew the line at one more bailout and Democrats said they wouldn’t even consider it until the companies produced a convincing plan for rebuilding their once-mighty industry.
The Humane Society says many Petland stores are selling puppies from so-called puppy mills, but telling customers that the dogs come from good breeders.
Astronauts ventured back outside the international space station and performed more repair work on a jammed joint Thursday, keeping a tight grip on all their tools so nothing would get away this time.
Treasury Secretary Henry Paulson was asked ‘When do you expect our economy to finally hit bottom so we can begin the process of recovery?’ during an event in Simi Valley, California.
AP photographer Jerome Delay tells how he was touched by the subjects of one of his pictures in Congo and how he was determined to reunite their family.
AP - The last time they shared a Lincoln Center stage, violinist Gil Shaham wielded the big smiles as Gustavo Dudamel made his conducting debut with the New York Philharmonic.
AP - Attorney General Michael Mukasey, the no-nonsense former federal judge who took over the Justice Department after Alberto Gonzales resigned in disgrace, collapsed during a speech Thursday night and lost consciousness.
AP - Ben Roethlisberger and the Pittsburgh Steelers know exactly how to beat the Cincinnati Bengals with or without Chad Ocho Cinco.
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