The Two-Way
8:53 am
Fri August 26, 2011

52 Dead After Gunmen In Northern Mexico Ignite Fire At Casino

Smoke billows from the Casino Royale in Monterrey, Mexico on Thursday.
AP

Originally published on Fri August 26, 2011 5:40 pm

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The Two-Way
8:17 am
Fri August 26, 2011

No Signs Of New Steps In Fed Chief Bernanke's Address

Federal Reserve Chairman Ben Bernanke's much-anticipated speech this morning on the current state of the economy and Fed policy has just been put online by the Fed.

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Economy
8:11 am
Fri August 26, 2011

Bernanke Offers No New Measures To Boost Economy

Chairman Ben Bernanke is proposing no new steps by the Federal Reserve to boost the U.S. economy while hinting that Congress may need to act to stimulate hiring and growth.

Bernanke said Friday that while record-low interest rates will promote growth over time, the weak economy requires further help in the short run. He is speaking at an annual economic conference in Jackson Hole, Wyo.

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The Two-Way
7:04 am
Fri August 26, 2011

Damn Yankees! Bronx Bombers Smash Record Three Grand Slams

Cano, Granderson and Martin aren't a "murderers' row" just yet,

But they did something last night that hadn't been done before, not even by the 1927 Yankees and that team's famed murderers' row of Ruth, Gehrig, Lazzeri and others.

In a 22-9 shellacking of the Oakland A's, the Yankees' Robinson Cano, Curtis Granderson and Russell Martin each hit grand slam home runs. It's the first time any Major League team hit more than two in one game.

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The Two-Way
6:38 am
Fri August 26, 2011

Economy Grew At 1 Percent Rate In Second Quarter

The U.S. economy grew at an even slightly slower pace than we thought in the second quarter, the Bureau of Economic Analysis just reported.

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The Two-Way
6:25 am
Fri August 26, 2011

Top Stories: Irene, Libya, Bernanke, Attacks In Nigeria And Mexico

Good morning. There's a lot going on today, so we'll be quick with the top headlines, including some of the news we've already posted about:

-- "Irene On Track To Soak N.C., Barrel North Toward New York."

-- "Explosion At U.N. Building In Nigeria; Bomb Suspected."

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The Two-Way
6:05 am
Fri August 26, 2011

Bernanke To Speak: Interest Is High, But No Surprises Are Expected

Originally published on Fri August 26, 2011 6:19 am

Though "nervous investors" are waiting anxiously to hear what Federal Reserve Chairman Ben Bernanke has to say later this morning when he speaks at the Federal Reserve Bank of Kansas City's annual economic policy conference in Jackson Hole, Wyo., in reality he "isn't likely to break much new monetary-policy ground," The Wall Street Journal's

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The Two-Way
5:40 am
Fri August 26, 2011

Libya: Opposition Pushes On; Gadhafi Still On The Run

In Tripoli on Thursday (Aug. 25, 2011), this anti-Gadhafi fighter celebrated.
Daniel Berehulak Getty Images

As Libya's Transitional National Council prepares to move its leadership from the eastern city of Behghazi to Tripoli, Moammar Gadhafi remains "on the run with his regime in tatters," NPR.org writes this morning.

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The Two-Way
5:20 am
Fri August 26, 2011

Developing: Explosion At U.N. Building In Nigeria; Bomb Suspected

Breaking news from The Associated Press:

"A large explosion struck the United Nations' main office in Nigeria's capital Friday, flattening one wing of the building in Abuja. A U.N. official in Geneva called it a bomb attack.

" 'I saw scattered bodies,' said Michael Ofilaje, a UNICEF worker at the building. 'Many people are dead.' He said it felt like 'the blast came from the basement and shook the building.' "

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The Two-Way
5:00 am
Fri August 26, 2011

Irene On Track To Soak N.C., Barrel North Toward New York

Head inland: Nags Head, N.C., is among the many communities along the East Coast that are, or have been, evacuated as Irene draws near.
Scott Olson Getty Images

Though Hurricane Irene has weakened slightly and its projected track has been nudged east just a bit, it's still headed for what could be a devastating collision with the East Coast of the U.S. that will affect tens of millions of people from North Carolina to New England over the weekend.

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