Fed signals continued rate hikes into September
The Federal Reserve raised the federal funds rate to 1.5 percent and lifted prime lending rates from 4.25 to 4.5 percent, signaling more increases at its September 21 meeting. Officials said the economy, while softer due to higher energy costs, should resume stronger growth, a stance noted amid a weak July jobs report of 32,000.
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Washington
Federal Reserve
Fed
Central Bank
Jeff Kleintop
PNC
Philadelphia
Bush
John Kerry
Teen T Rex grew fast, then slowed and died young
New research in Nature shows teenage Tyrannosaurus rex gained nearly five pounds daily during ages 14 to 18, reaching about six tons by adulthood before stopping growth around 20 and dying by 30. Scientists compare its tempo with elephants and discuss implications for its hunting and behavior.
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New York
Gregory Erickson
Florida State University
Nature
Thomas Holtz Jr
University of Maryland
Holtz
T. Rex
Rumsfeld vows attack on Afghan opium fields amid regional talks
During a daylong mission in Oman and Afghanistan, Defense Secretary Rumsfeld outlined a coordinated plan with U N and Afghan officials to strike the narcotics trade. He noted Britain’s leadership with Karzai on drug issues while admitting uncertain troop deployment and acknowledging continued poppy cultivation despite past Taliban bans. He warned heroin from Afghan poppies funds insurgents, calling the crop highly profitable for those who harm society.
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Rumsfeld
United Nations
Karzai
Afghanistan
Oman
Manders
Taliban
al- Qaida
Europe
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Michelle Randall
Feist
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Orr
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