U.S. stocks stumbled out of the gate Wednesday, falling more than 300 points in the first few minutes of trading.
The sharp drop came despite a rally that buoyed U.S. indexes Tuesday, and rallies from the European and Asian markets Wednesday. Global investors seemed to take heart in the Federal Reserve's pledge to maintain low interest rates and stabilize the U.S. economy.
Quick: Where do insured Americans spend the most on health care? Miami? Los Angeles?
Nope. It's Anderson, Ind., where people with employer-provided insurance spent an average of $7,231 on medical treatments per year. That's according to an analysis of 382 metropolitan areas by Thomson Reuters, a consulting firm that has one of the biggest databases of insurance claims from employers.
An arresting image of a woman jumping into the arms of riot police has become a sensation, as the stark silhouette of her leaping figure against a background of bright flames captures a dramatic moment in Britain's riots. At least five of Britain's largest newspapers used the photo on their front pages Tuesday.
America has a new poet laureate today, as the Library of Congress names Philip Levine in the one-year position. He will succeed W.S. Merwin in the post. Born in Detroit in 1928, Levine has used his poetry to examine blue-collar life, often embroidering everyday events with a sense of myth.
It was certainly closer than Wisconsin's Republicans would have preferred, but in the end they successfully repelled Democrats who sought to wrest away control of the state Senate and break GOP dominance over the Badger State's government.
Democrats fell one Senate seat short of the three they needed to take over that chamber in the state's largest recall election ever in which six seats were contested.
British Prime Minister David Cameron vowed Wednesday to do "whatever is necessary" to halt massive riots that have swept London and other major cities in recent days — the worst such violence to hit the country in decades.
A wave of arson and looting that started in parts of London on Saturday has spread to other cities, including Manchester and Birmingham.
Cameron, who has recalled Parliament from its summer recess for an emergency debate on the riots, said police have drawn up contingency plans to "do whatever is necessary to restore law and order onto our streets.
Joy Pullmann is managing editor of School Reform News and an education research fellow at The Heartland Institute.
The president has decided to take a tack on the largest federal education law he certainly wishes were available in budget battles: bypassing Congress and legislating through administrative agencies by offering states waivers in exchange for education policies he favors.