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| Mon, 24 Oct 2005 16:00:00 EST The Greenspan legacy |
| Alan Greenspan is a man of numbers. So in order to tell the story of the central banker many consider to be the nation's greatest ever, it is perhaps appropriate to begin with them: 18, 5.55, 3, 2. Greenspan has spent 18 years as chairman of the board of governors of the Federal Reserve System, the second-longest term in the Fed's 101-year history. During the Greenspan era, the unemployment rate averaged 5.55 percent, and the average annual inflation rate was 3 percent. Compare that with the 6.85 percent unemployment and 6.5 percent inflation over the 18 years before Greenspan. Finally and most important, there's the number 2: two mild recessions in 18 years, or two of the longest expansions in U.S. history. Impressive, considering that from World War II until the man christened the maestro took the economy's helm, recessions occurred with much more frequency. |
| Mon, 24 Oct 2005 16:00:00 EST Boosting your cellphone batteries |
| Cellphone users know there's nothing worse than having the device's battery die when they don't have the charger handy. Now, at least some companies are trying to make it possible to fill up while you're on the road. Last week, Toshiba Corp. announced plans to make it possible to recharge a cellphone just by adding fluid. |
| Mon, 24 Oct 2005 16:00:00 EST A new, but familiar, face at the Fed |
| When Alan Greenspan steps down as chairman of the Federal Reserve Bank at the end of January, the maestro will pass his baton to Ben Bernanke. |
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| Tue, 25 Oct 2005 03:21:36 GMT Civil Rights Pioneer Rosa Parks Dies at 92 (AP) |
 AP - Rosa Lee Parks, whose refusal to give up her bus seat to a white man sparked the modern civil rights movement, died Monday. She was 92.
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| Tue, 25 Oct 2005 03:05:13 GMT Wilma Kills 6 in Fla.; 6M Without Power (AP) |
 AP - Hurricane Wilma knifed through Florida with winds up to 125 mph Monday, shattering windows in skyscrapers, peeling away roofs and knocking out power to 6 million people, with still a month left to go in the busiest Atlantic storm season on record.
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| Tue, 25 Oct 2005 03:03:41 GMT Reporters' Hotel in Iraq Attacked; 6 Dead (AP) |
 AP - Suicide bombers including one in a cement truck packed with explosives launched a dramatic attack Monday against the Palestine Hotel, where many foreign journalists are based, sending up a giant cloud of smoke and debris over central Baghdad. American troops and journalists escaped without serious injury but at least a half-dozen passers-by were killed.
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| last updated: Tue, 25 Oct 2005 03:26:55 GMT |
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| Mon, 24 Oct 2005 22:50:44 EDT Civil rights icon Rosa Parks dies at 92 |
| Rosa Parks, who helped trigger the civil rights movement in the 1950s, died Monday, her longtime friends told CNN. She was 92. Parks inspired the movement when she refused to give up her seat on a bus to a white man in Montgomery, Alabama, in December 1955. "As the mother of the new civil rights movement, [she] has left an impact not just on the nation, but on the world," said U.S. Rep. John Conyers, who first met Parks during the early days of the civil rights struggle. |
| Mon, 24 Oct 2005 22:32:19 EDT Millions without power after Wilma |
| Six dead, search-and-rescue begins3.2 million homes without electricityDisaster medical teams in the Florida KeysLee and Collier counties heavily damagedInland Glades County "significant damage" |
| Mon, 24 Oct 2005 22:10:05 EDT Senate panel accuses British lawmaker of perjury |
| A Senate report presented evidence Monday that it says links illegal oil money from deposed Iraqi dictator Saddam Hussein's regime to the political campaign of a British lawmaker and to the accounts of his Jordanian wife. |
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