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...cash-for-clunkers program a success? The short answer is yes. The program accomplished what it was set out to do, which was to get consumers back into the showrooms and to jump-start new-vehicle sales...
...July, 2.95% of Freddie Mac loans were late, up from 2.78% the month before, and 1.01% a year ago. Furthermore, a new study from the credit-rating agency Fitch found that among people falling behind on payments, fewer and fewer are able to catch up. Looking at a set of mortgages that had been bundled into securities, Fitch calculated that as of July, just 6.6% of delinquent borrowers with prime loans were catching back up on payments. Between 2000 and 2006, some 45% of such borrowers...
...boom took hold and the barrel size was set at 42 gal. (160 L), Pennsylvania's roads became clogged with horse-drawn wagons piled high with the containers, prompting construction of the first oil pipelines (made of wood) and leading 25-year-old John D. Rockefeller to form what became the Standard Oil Co. It eventually controlled up to 90% of U.S. oil-refining until the company was broken up in 1911. (See pictures showing the history of the Exxon Valdez disaster...
...many tragedies of Alzheimer's disease is that patients don't know until it's too late that they actually have the condition. By the time the first signs of forgetfulness and confusion set in, experts believe, the disease has already been ravaging the brain for a decade or more, causing irreversible damage...
...When researchers interviewed family members of the recently deceased, half of them said their loved one did not get the support he or she needed at the end. Yet it was the idea that doctors should be encouraged to talk to patients and their families about their wishes that set off a firestorm this summer, one of the most disturbed and distorted debates in many years. The effort to talk about how we die was met with a fury of malice and mischief, the invention of government "death panels," the invocation of ghouls at your bedside judging whether you deserve...