Daniel Halper is the deputy online editor for The Weekly Standard.
Senate majority leader Harry Reid picked his three representatives to the twelve congressional member supercommittee Tuesday, selecting Max Baucus, John Kerry, and Patty Murray. The first two choices make sense: Baucus is chairman of the Senate Finance Committee, and Kerry was the Democratic nominee for president in 2004 and, as his website describes, "holds senior positions on the Finance, Commerce, and Small Business Committees."
At opening the markets opened low, then regained their steam on the good news we reported earlier about lower unemployment claims. Then, the stocks headed lower. All of that to say, it looks like it's going to be another dramatic day on Wall Street.
The European markets still dealing with fears about France's credit ratings could give us some indication of the type of up-and-down day we may be in for. Here's Dow Jones Newswires with what happened there:
If you remember the iPhone 4 frenzy back in 2010, then you remember Jason Chen, a writer for Gizmodo. He was the one who bought a prototype of the iPhone 4 that an Apple engineer left at a bar and then Chen published a story about it that revealed the new phone's new specs.
Probably because Apple is known to be so secretive, the story blew up. And a few days later Chen's home was raided by a law enforcement task force called the Rapid Enforcement Allied Computer Team.
Victorino Matus is a senior editor at The Weekly Standard.
Unemployment once again has crept past 9 percent. GDP growth fell below 2 percent this last quarter. Inflation is up. Home values are down. There's talk of a double-dip recession. According to one market analyst, "We're on the verge of a great, great depression." But through it all, there is one constant, a commodity that has not only survived during these harsh economic times, but even thrived.
Buildings are charred and shops barricaded closed. Helicopters circle low overhead. London's prison cells are all full. Police are flooding the streets of the capital. For four days now, mobs have run amok in multiple areas across this city, looting, brawling, and terrorizing people.
As a mob stormed through a warm Monday night on a west London street, restaurants locked their doors and diners headed home early.
Football wide receiver Chad Ochocinco is new to the New England Patriots. The former Cincinnati player hasn't found a permanent home. So he told reporters he intends to spend the first few weeks of the season living with a football fan. The fan must have the Internet and Xbox.
A Japanese balloon artist has twisted hundreds of balloons into transparent minidresses. An English artist wove 5,000 into a dress inspired by Kate Middleton's wedding gown. The latex creations can only be worn once — after 24 hours, the balloons start to deflate.
Movie and video streaming are Internet gas guzzlers. They account for a huge growing amount of traffic on the Internet, and service providers are struggling to keep up with demand. CNET Senior Writer Maggie Reardon talks to Steve Inskeep about whether consumers are facing a bandwidth shortage.
The streets of London and other British cities were mostly quiet Wednesday night amid a massive police presence that has helped stop the wave of violence and looting that's wracked Britain since the weekend. Courts there worked through the night to process some of those arrested. Parliament is meeting for an emergency session after Prime Minister David Cameron recalled members from their summer break.
Congressional leaders have announced their appointments to the so-called "supercommittee." The panel's job is to find deeper deficit reductions and a long-term plan for the federal government's spending.
The European debt crisis is being blamed for a run on the shares of French banks. The stocks tumbled on the Paris stock exchange yesterday, amid fears the country's "Triple A" credit rating was under threat. Government officials and the banks said the fears were based on speculators spreading rumors.
Bloomberg Markets Matthew Miller spent months scouring the globe for billionaires who control big parts of the economy, yet have managed to fly under the radar. He talks to Renee Montagne about his article "Hidden Billionaires."
Investors have been witnessing big swings on Wall Street as well as Asian and European exchanges. And now France is the latest country caught up in the debt crisis plaguing Europe and the United States. Jonathan Loynes, the chief European economist at Capital Economics in London, talks to Steve Inskeep about the latest financial market movers.
A Department of Energy panel hopes new recommendations — if implemented — will restore the public's trust in hydraulic fracturing or "fracking" for natural gas.
In the last few years, fracking has brought new life to old gas fields around the country. Most of the increasing production comes from dense layers of shale deep underground. By pumping huge deep underground amounts of water, along with smaller amounts of chemicals and sand, drillers can force gas out of shale.
It seems like Netflix is on top and it's everywhere. Users can watch it on their computers, game consoles, smartphones, or Internet-connected TV. Netflix boasts some 25 million subscribers, which is more than big cable companies like Comcast and Time Warner.
Although the company started as a mail order DVD service, these days it does the lion's share of promoting for its online streaming service. The company says it's the place to "watch instantly."
Days of rioting in England are capturing international attention. In the United States, cities are also dealing with mob attacks, though on a smaller and less destructive scale. Earlier this week, Philadelphia officials announced their plan to fight mob violence, which has escalated in recent months.
Outside Philadelphia City Hall earlier this week, a small group of teens sat on the ground.
Cultural diplomacy usually comes in the form of a traveling art exhibit or a celebrity visit to a war-torn country. But there's a deeper kind of diplomacy taking place at the Kennedy Center in Washington, D.C. For the past four summers, arts managers from around the world have been coming to D.C. for training on how to improve their organizations back home.
If you've read the Discworld novels by popular fantasy writer Terry Pratchett, you've surely encountered Death. He's an actual character — a skeleton in a black hood who's portrayed as not such a bad guy after all.
So maybe it's not so surprising that at 63, Pratchett — who has been diagnosed with early-onset Alzheimer's — speaks openly about causing his own death.
So who are the British rioters and why are they doing it? It seems like an easy question, but it's been fairly hard to ascertain. In some ways, two distinct portraits of rioters have emerged. In some ways, they're typified by two videos that have made the rounds online.
One is of a disaffected youth that's underemployed and has nothing to lose. It is typified by a video of Pauline Pearce, a 45-year-old grandmother, who was walking through the streets of Hackney and confronted rioters with some blunt speech. Here's the video, but be warned there is some strong language in it:
A common form of irregular heartbeat called atrial fibrillation can cause blood clots, putting people at increased risk of stroke. The anticoagulant drug warfarin is used to reduce that risk, but since people respond to it very differently, it requires careful monitoring to avoid the risk of heavy bleeding. Now, researchers say a new drug called rivaroxaban looks to be as good as warfarin in preventing strokes.