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• American Paul Krugman wins economics Nobel
The Nobel citation said Krugman’s approach is based on the premise that many goods and services can be produced at less cost in long series, a concept known as economies of scale. His research showed the effects of that on trade patterns and on the ...
• U.K. injects up to $63 billion into big banks
Banks were in talks over the weekend with the Treasury, the Financial Services Authority and the Bank of England. The scale of the cash required by each will depend on estimates of more losses from their exposure to subprime mortgages and other ...
• Plan pushed for government to buy bank stocks
Barney Frank of Massachusetts, chairman of the House Financial Services Committee. Top Democrats are suggesting a $150 billion measure that would extend jobless benefits, provide more money for food stamps and finance some construction projects, such ...
• Iowa girl abandoned under Nebraska law
The Nebraska Department of Health and Human Services said the girl is from Council Bluffs, Iowa, just across the Missouri River from Omaha. She was left at Creighton University Medical Center on Tuesday afternoon, and her case was reported to Iowa ...
• Feds issue new exercise guidelines
How much physical activity do you need? It's a question the federal government is trying to answer. The Health and Human Services Department has released new physical activity guidelines. Surrounded by Olympians and Parolympians, the President urged ...