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...Actually, there was a slight shift since the last Fed statement. At the end of April, the FOMC worried that "inflation could persist for a time below rates that best foster economic growth and price stability in the longer term." This time the wording was shortened to a simple prediction that "inflation will remain subdued for some time...
...hook. Men may not have hurried to get the unattractive faces off the screen, but neither did they linger over them the way they did the attractive faces. In both cases, this suggests bias, and when the rubber hits the road of real childcare, parents of either sex may end up having similar instincts. More clarity should come when Elman conducts the next phase of his work: running the same experiment but hooking the subjects up to brain scans throughout it. This will make it far easier to see just which areas of the brain are activated when viewing...
...Orszag's boss, the President of the United States. They've already stuffed $1.1 billion into the stimulus bill to jump-start "comparative effectiveness research" into which treatments work best in which situations. Now they're pushing to overhaul the entire health-care sector by year's end, and they're determined to replace ignorance with evidence, to create a data-driven system, to shift one-sixth of the economy from "that's what we do here" to "that's what works." (Watch a video about a woman living without health insurance...
...end of the event, Obama was asked to respond to the images of a young woman named Neda dying in a Tehran street after being shot in the chest. "Heartbreaking," he said. Thomas, who has asked questions of every President since John F. Kennedy, then interrupted him, asking him why he would not release disturbing images of U.S. military abuse of detainees. "Hold on a second, Helen. That's a different question," the President responded, though he never took the time to answer...
...latest brouhaha began two months ago, when Berlusconi's wife of 20 years, Veronica Lario, announced the end of their marriage and accused him of "frequenting underage females." The Prime Minister then spent weeks fending off questions about his relationship with an 18-year-old Neapolitan blonde named Noemi Letizia, after he arrived at her birthday party with a gift of a diamond necklace...