Stocks rally as Bernanke hopes lift markets worldwide
Markets regained poise on speculation of a new US monetary stimulus from the Fed amid debt crises and recession fears. European stocks rose with the FTSE 100 up 0.2 percent and the CAC 40 up 0.7 percent, while the DAX lagged. Dow futures climbed about 1.9 percent and S P 500 futures rose 2.2 percent ahead of the open. The ECB intervened to lower Spanish and Italian yields, and oil prices fell from a sharp earlier drop. Saudi Arabia's market slid about 3.6 percent as investors reassessed global demand and risk.
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London
US Federal Reserve
Fed
Europe
Wall Street
David Jones
France
Germany
DAX
Standard & Poor
Kenneth Rogoff
European Central Bank
Spain
Middle East
Saudi Arabia
House to end historic page program after 1820s start
Washington AP Leaders Boehner and Pelosi announce ending the House page program that began in the 1820s. High school messengers will be phased out as Internet and email replace need for paper deliveries, saving about 5 million dollars annually.
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Washington
House
Congress
John Boehner
Robio
Nancy Pelosi
D-Calif
Capitol Complex
Boehner
Pelosi
Obama Announces New Fuel Standards for Heavy Trucks
President Obama unveils efficiency rules targeting 2014 to 2018 model years for big rigs heavy-duty pickups work trucks and more. The administration says the standards will cut fuel consumption and greenhouse gas emissions saving up to 50 billion dollars in fuel costs and 530 million barrels of oil over vehicle lifetimes while improving air quality and public health.
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Washington
Barack Obama
White House
Obama
Virginia
Many Genes Likely Shape IQ Too Weak Alone to Detect
A study by I J Deary and colleagues finds no single gene drives IQ. Instead, many genetic differences across 500000 DNA sites contribute small effects. About 40 to 50 percent of IQ variation may be linked to genetics, with larger future studies needed.
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Los Angeles
Eric Turkheimer
University of Virginia
Molecular Psychiatry
I.J. Deary
University of Edinburgh
Scotland
Deary
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Rei
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Orange
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Olsen
Mensa
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6Th Street
Garden City
Gcrec.com
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