Last week, the researchers who put out the Thomson Reuters/University of Michigan Survey of Consumers said their index rose in May to "its highest level since October 2007" — before the last recession began.
But when it comes to economics, there always seem to be an "on the other hand" moment coming — especially when the economy appears to be at a turning point.
An influential federal panel says testing healthy men's prostate-specific antigen levels to detect prostate cancer does more harm than good. The PSA test can lead to unnecessary biopsies for men who turn out to be cancer-free. Those biopsies can also lead to men being treated for cancers that are so slow-growing (a characteristic of most prostate cancers) that they didn't need to be detected. An estimated 1,000 to 1,300 men die annually from complications associated with treatments that are initiated because of PSA screening, reports Alice Park for Time magazine. Moreover, treating harmless prostate tumors increases the chances of making men impotent or incontinent.
Nearly half of Northern Kentucky hotels have had at least one complaint of bed bugs since May 2010. In the region, 34 of 64 hotels have had an issue. The soon-to-be-sold Drawbridge Inn in Fort Mitchell has had the most complaints, with 12 findings of bed bugs from 20 complaints. The Super 8 Motel, also in Fort Mitchell, had 12 findings and 17 complaints since May 2010.
After months of mounting problems, State Auditor Adam Edelen says he will launch a full investigation into Kentucky’s statewide Medicaid Managed Care system. Edelen created a Medicaid task force in February after taking a first look at the managed care system. He also gave recommendations to managed care companies, health care providers and the state on how to make the system run better in the future.
Later this year, a new task force that includes lawmakers, educators and athletic officials will study the lack of regulation of middle school sports and offer recommendations for the 2013 General Assembly. The Kentucky High School Athletic Association oversees high school athletics, including coach education, health and safety rules, and regulations over play. But there is no such oversight for middle school sports.
The news has gotten worse from Italy. Just after 9:15 a.m. ET, The Associated Press reported that authorities say at least 15 people were killed today by an earthquake that struck the northern part of the country.