The Two-Way
1:53 pm
Tue August 9, 2011

Former Treasury Secretary Says Market Ails Are Europe's Fault

As the closing bell approaches, after another dramatic day on Wall Street, Henry M. Paulson, the Treasury secretary under President George W. Bush told The New York Times that what's happening now in the markets is reminiscent of 2008. That's when the market tanked as Lehman Brothers was allowed to go bankrupt.

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Shots - Health Blog
1:52 pm
Tue August 9, 2011

Test a Mother's Blood To Learn Her Baby's Sex Early On

A new fetal DNA test to determine a baby's gender could be more accurate and faster than an ultrasound, researchers say.
André Panneton iStockphoto.com

Boy or girl? Expectant parents are often dying to know. Some mothers are even trying to influence it with their diet. But the tests used to determine a baby's sex before birth leave a lot to be desired.

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Economy
1:04 pm
Tue August 9, 2011

Foreigners Still Consider The U.S. A Good Buy

Despite the debt downgrade and recent upheavals in the stock market, foreign investors still consider the United States a good place to put their money for the long haul.

Forget China, India and Brazil. The U.S. still attracts easily the most foreign direct investment – purchases of companies and property, as opposed to stock holdings or government bonds – of any nation in the world.

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Europe
1:00 pm
Tue August 9, 2011

Londoners Press Leaders For Action Amid Violence

London's mayor, Boris Johnson, faced hostile questioning from local residents when he visited a riot-hit area of the city Tuesday. They wanted to know why the police had been unable to prevent gangs of youths burning and looting the area on Monday night. Meanwhile, Londoners armed with brooms and shovels started to clean up their city.

Economy
1:00 pm
Tue August 9, 2011

Fed Sticks With Record Low Interest Rates

The Federal Reserve Board of Governors met Tuesday and announced that interest rates will likely remain at record lows for two more years. The action by the Fed was aimed at calming nervous investors.

Economy
1:00 pm
Tue August 9, 2011

Markets Volatile As Fed Makes Announcement

Domestic and foreign markets are still reacting to Standard & Poor's downgrade of the U.S. debt. And now states and cities are seeing their risk assessments lowered.

U.S.
1:00 pm
Tue August 9, 2011

Fallen Troops Arrive In Dover, Attended By Obama

President Obama added a trip to Dover Air Force Base to his schedule Tuesday. He was on hand — with top military leaders — for the return of the remains of U.S. military personnel killed in a helicopter crash in Afghanistan.

The Two-Way
12:59 pm
Tue August 9, 2011

Aid Boosted To Somalia; U.S. Mogadishu Vet Says He Would Return

Some 800 metric tons of food are on the way to East Africa, where more than 12 million people are suffering from a severe drought. The U.N. World Food Program is using nine airlifts to send high-energy biscuits to Kenya, where it will be distributed to famine victims.

The shipment is expected to be enough to feed 1.6 million people for one day. The United Nations says that 640,000 children in the Horn of Africa region are at risk of acute malnutrition.

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The Two-Way
12:09 pm
Tue August 9, 2011

D.B. Cooper Update: FBI Says No DNA Match With New Suspect

Our colleagues at public radio's Northwest News Network (N3) first reported a DNA mismatch between the new suspect in the 1971 D.B. Cooper skyjacking and evidence from the hijacked plane.

The failed DNA test was disclosed Friday by Marla Cooper, the woman who claims that her late uncle, Lynn Doyle (L.D.) Cooper, was the famous skyjacker.

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The Two-Way
11:47 am
Tue August 9, 2011

China Sees Inflation Spike; Prods 'Relevant Nations' To Tighten Deficits

China said its politically sensitive inflation rate hit a 37-month high of 6.5 percent in July. Food costs, rose by 14.8 percent from a year ago, according to reports. Above, people shop for produce at a Beijing market Tuesday.
Peter Parks AFP/Getty Images

As the world's financial markets struggle to cope with fears of a U.S. recession and a spreading European debt crisis, China on Tuesday called for more cooperation to stabilize markets and encourage growth.

Adding its seal of approval to a joint statement from finance ministers and central bank governors of the Group of 20 nations issued Monday, China's top officials urged "relevant nations" to cut their deficits and get debt problems under control.

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