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...Federal Reserve is also talking the talk, although it is difficult to see how it can actually walk the walk. After a year of contraction, U.S. GDP grew 3.5% in the third quarter of this year, but the jobless rate has surged to 10.2%, the highest since 1983. Raising interest rates runs the risk of worsening unemployment. For the same reason, the U.S. cannot withdraw stimulus spending either, even though the U.S. budget deficit has topped a record $1.7 trillion. Last week, mortgage lender Fannie Mae reported $18.9 billion in third-quarter losses and said it needs another $15 billion...
...remedy, Maclaren is offering free hinge covers to better protect children. No matter where you live, you can order them on the Maclaren USA website. Yet as of Monday afternoon, it was difficult to access the site because it was overloaded. "We are working to address the issue," says Charlotte Addison, marketing manager for Maclaren USA. "We didn't anticipate getting the volume that we got today," she says, explaining that since Maclaren had originally planned to announce the recall on Tuesday, the site wasn't ready for the huge traffic. (You can also call 877-688-2326; good luck...
Though he has presided over the difficult task of closing parishes and schools within the archdiocese, O'Malley is well liked in Boston and the broader Catholic community. He celebrated his inaugural Mass in Boston at a Spanish service, and he once joked that his scarlet Cardinal's robes would come in handy if Dick Cheney ever invited him to go hunting. O'Malley, however, should not be mistaken for a liberal member of the hierarchy. He is a conservative on matters of doctrine, and for the past few years, he has been the face of the church's opposition...
With days as long as these, excelling in both school and dance becomes a challenge. “[It is] incredibly difficult to keep my body in good shape for dance when [I] am forced to replace ballet technique class with last-second problem sets or papers,” says Kevin Shee ’11, who has danced professionally but plans to pursue a medical career...
...This was a symbolic fight - it's about who's in charge of the playground," says Amy Zegart, a UCLA professor and national-security expert. "Blair was trying to show who's boss, and Panetta was trying to protect the power of an agency that's going through a difficult time...