Five planets align in evening sky through 2040 in Western hemisphere
In Los Angeles the five brightest planets Jupiter Mars Mercury Saturn and Venus align for four weeks forming shifting shapes visible to the naked eye each evening. The event culminates in a rare celestial display not seen again until 2040.
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Greenspan says low inflation shields economy from rate hikes
Federal Reserve Chair Alan Greenspan told Congress that inflation remains well contained despite high oil prices and signaled no rush to raise the federal funds rate from its 40 year low. Markets fell slightly as testimony indicated cautious, gradual policy tightening likely later, perhaps August, if growth strengthens.
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Supreme Court rules IRS can lien family home for back taxes
The Supreme Court, in a 6-3 decision, allowed the IRS to place liens on a family home to collect unpaid taxes from one spouse. Justice O Connor writing for the majority said Congress authorizes liens on all property a taxpayer might have. Dissenters Scalia Stevens and Thomas argued the ruling erodes protections for stay at home spouses.
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Oklahoma City survivors gather in OKC for Sept 11 seventh anniversary
Relatives from Oklahoma City and New York connect after the World Trade Center crash and the 1995 bombing as about 20 families meet in Oklahoma City. Cathy Miller and Ken Thompson recount shared grief and support across generations of tragedy.
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