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| Tue, 25 Oct 2005 12:00:00 EST Bernanke's latest take on inflation |
| Ben Bernanke, President Bush's choice to replace Federal Reserve Board Chairman Alan Greenspan when the maestro steps down in January, has always been a champion for price stability. In other words, he's likely to be an inflation fighter in the tradition of his immediate predecessors, Greenspan and Paul Volcker. |
| Tue, 25 Oct 2005 12:00:00 EST Online resources |
| For more information on diabetes, see the top five links recommended by the U.S.News & World Report library: |
| 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. |
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| last updated: Wed, 26 Oct 2005 03:20:06 GMT |
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| Tue, 25 Oct 2005 22:54:21 EDT Guardsman wrote his obit before going to war |
| Read full story for latest details. |
| Tue, 25 Oct 2005 22:39:08 EDT U.S. drops nuclear 'bunker-buster' plans |
| Read full story for latest details. |
| Tue, 25 Oct 2005 20:44:02 EDT Many Wilma victims are powerless |
| Hurricane Wilma victims are struggling to find the basics like electricity, food, water and gas, a day after the storm plowed across the Florida peninsula. "We've lived here 37 years and we've never had a hurricane like this," Broward County resident Paul Kramer told The Associated Press. "We didn't expect this. This one got our attention." Wilma, which still is a hurricane, is blitzing up the coast causing problems in New England. |
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