Originally published on Tue March 13, 2012 2:31 pm
Citing an economy that is "expanding moderately," an improving labor market and subdued inflation — but a housing sector that "remains depressed" — the Federal Reserve just announced it is holding to its current policy on short-term interest rates.
The central bank's policymakers also said they expect "moderate economic growth over coming quarters" and that the jobless rate will continue to "decline gradually."
The sudden national fame for 85-year-old North Dakota newspaper columnist Marilyn Hagerty because she wrote last week that the new Olive Garden restaurant in Grand Forks is "impressive ... welcoming ... [and] is the largest and most beautiful restaurant now operating" in the city reinforces two things for this blogger:
1. Almost everyone loves a story about someone who seems to be just so darn nice and who's still going strong at an age when many of us will just be glad to still be around.
GOP presidential hopeful Rick Santorum has been getting help from anti-abortion group Susan B. Anthony List as he campaigns this primary season, so far receiving nearly $500,000 in ads and other support.
The man who warned us that aerosol spray-cans could destroy the earth's protective ozone layer has died.
F. Sherwood Rowland, better known as Sherry Rowland, was a Nobel-prize winning chemist at the University of California, Irvine. And he didn't just keep to the laboratory: He successfully advocated for a ban on ozone-destroying chemicals called CFCs.
"I've figured out that there are more of them when it's a payday," photographer Alejandro Cartagena writes to me from Monterrey, Mexico, where he is based.
More carpoolers, that is — the subject of his latest project, which started somewhat accidentally. Cartagena was commissioned by a group of researchers about usage of a Monterrey street. "I wanted to see the car in the context of the street and the urbanscape," he explains. "That took me to find higher points of view, where I found these workers."