U.S Treasury Secretary Timothy Geithner (left) speaks to French Finance Minister Francois Baroin (right) during talks in Marseille earlier this month. The U.S. is increasingly concerned that the European debt crisis will have an impact on the U.S. economy.
With all the worry over the ailing U.S. economy, Europe's debt crisis may have seemed a long way off.
But not anymore. The faint tinkle of alarm bells a few months ago are now clanging loudly. What began as a crisis in smaller countries, like Greece, Portugal and Ireland, is now creating serious issues in much larger economies like Italy, France and Germany.
President Obama on Thursday visited the Brent Spence Bridge, which has been called "functionally obsolete." The president pressed Congress to pass his jobs act, arguing that if the country doesn't invest in restoring the bridge and other infrastructure now, it will pay for it later.
Austin Bruns, 25, watches as harvesters bring in corn crops on fields near his hometown of Beaver Crossing, Neb. Bruns currently rents land and would prefer to own, but banks aren't lending to high-risk new farmers.
In farm country, business is still booming. Commodity prices remain high, and investors are funneling millions of dollars into buying farmland, making it quite enticing for the would-be farmer who wants to leave the rat race.
But surprisingly, these factors make it that much harder for the next generation of farmers to secure the financing they need to get on the tractor.
The first and last men to walk on the moon told a congressional committee today that the United States needs to figure out a way to get back into space.
Neil Armstrong, the first man to walk on the moon, told the House Science, Space and Technology Committee that NASA needs a "master plan" to get Americans back in space.
Since the space shuttle program was grounded earlier this year, the only way for American astronauts to get into low Earth orbit or to the International Space Station is to hitch a ride with the Russian Soyuz spacecraft.
I logged on to Facebook this week to check out the changes so many people had been griping about in person. "Top News" blared above my News Feed and even more updates spewed in a stream in the right-hand corner of the screen. I reflexively closed the boxes on my profile that explained the "upgrade" and cluttered my view. I was suddenly in the dark, not knowing how to control the information.
Originally published on Mon October 3, 2011 9:54 am
The high noon deadline for bioethicist Arthur Caplan's $10,000 challenge to Rep. Michele Bachmann has come and gone without a peep from the Republican presidential hopeful. But damage from her statement linking the HPV vaccine with mental retardation has already been done, Caplan says.
Facebook took a leap Thursday towards making itself into what it hopes will be the social center for entertainment and media. You'll be able to see what movies and TV your friends are watching, what music they're listening to and what news items they're reading.