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The Two-Way
10:47 am
Thu April 11, 2013

Why Does Anyone Care About Minutes Of Weeks-Old Fed Meetings?

The Federal Reserve's headquarters in Washington, D.C. What goes on inside there is of intense interest to investors.
Karen Bleier AFP/Getty Images

Originally published on Thu April 11, 2013 12:30 pm

There's been a bit of a brouhaha over the Federal Reserve's inadvertent early release Tuesday evening of minutes from its closed-door March 19-20 policy meeting.

As The Associated Press writes, "employees at JPMorgan Chase, Goldman Sachs Group, Wells Fargo and Citigroup were among those to receive [the] market-sensitive information."

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Shots - Health News
10:06 am
Thu April 11, 2013

Why Obama's Budget Could Make Health Waves

Health and Human Services Secretary Kathleen Sebelius (center), flanked by Centers for Medicare and Medicaid Services Acting Administrator Marilyn Tavenner (left) and Food and Drug Administration Commissioner Margaret Hamburg, speaks during a budget briefing in Washington on Wednesday.
Manuel Balce Ceneta AP

Originally published on Thu April 11, 2013 3:16 pm

OK, the conventional wisdom about the budget President Obama sent to Congress yesterday is that's irrelevant.

It's two months late, after all, and the House and Senate have already approved their own spending blueprints for fiscal 2014.

But here's why it matters when it comes to health.

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Politics
9:53 am
Thu April 11, 2013

Paul Ryan Talks About The President's 2014 Budget

The House of Representative Budget Committee chairman Paul Ryan says he sees hope for a bipartisan budget agreement for the first time since President Obama came to office.

The Two-Way
9:51 am
Thu April 11, 2013

Japanese Car Makers Recall Millions Of Vehicles Over Faulty Airbags

The 2002 Toyota Corolla. At least some of them are subject to recall.
Jeff Kowalsky AFP/Getty Images

Originally published on Thu April 11, 2013 1:14 pm

Some 3.4 million vehicles produced by four Japanese automakers are being voluntarily recalled due to faulty airbag inflators.

The inflators were installed in some of Toyota's top-selling Camry and Corolla models produced since 2000. Certain Honda Civics and Mazdas are also subject to recall, which also reportedly includes the Maxima and Cube, according to Reuters.

The defective passenger-side airbag inflators were produced by Tokyo-based Takata at a Mexican plant, Reuters says.

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Monkey See
9:09 am
Thu April 11, 2013

A Plea For Must-See TV At A Must-Watch Time

In a scene from Friends' eighth season, Joey (Matt LeBlanc) and Rachel (Jennifer Aniston) react to Rachel's pending pregnancy. The birth of the baby was a major plot point of the Emmy-winning season of the series.
Warner Bros. Televison

Originally published on Thu April 11, 2013 9:10 am

I remember riding the bus to school in the early 2000s, listening as the older kids argued passionately about was going to happen on that night's episode of Friends. In the background, radio ads on the local Top 40 pop station dramatically intoned that maybe Rachel was finally going to admit she really loved Joey and not Ross, but you wouldn't know unless you tuned in to NBC at 8:00 on the dot.

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The Two-Way
8:52 am
Thu April 11, 2013

Jobless Claims Fell Sharply Last Week

Many Americans hope to see more signs like this in coming months. (Photo taken earlier this year in San Rafael, Calif.)
Justin Sullivan Getty Images

Originally published on Thu April 11, 2013 11:52 am

There were 346,000 first-time claims for unemployment benefits, down 42,000 from the week before, the Employment and Training Administration reports.

Meanwhile, the "4-week moving average" of claims was 358,000, up by 3,000 from the previous week's 355,000. That measure smooths out some of the volatility in the numbers.

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The Two-Way
8:29 am
Thu April 11, 2013

Shark! Fisherman Gets Quite A Scare, Catches Scene On Video

Isaac Brumaghim had his video recorder running when a tiger shark came by and grabbed his catch.
YouTube.com/AQAHNTR

Originally published on Thu April 11, 2013 1:31 pm

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Books
8:03 am
Thu April 11, 2013

Oil, Chavez And Telenovelas: The Rise Of The Venezuelan Novel

Venezuelan author Romulo Gallegos (1884-1969), circa 1950.
Edwin Karmiol Getty Images

Originally published on Fri April 12, 2013 10:55 am

Marcela Valdes is the books editor of The Washington Examiner and a specialist in Latin American literature and culture.

For more than 40 years, the most important book prize in South America has been bankrolled by the region's most famous petro-nation: Venezuela. Yet Venezuelan novelists themselves rank among the least read and translated writers in the entire continent. Over and over again as I worked on this article, I stumped editors and translators with a simple question: Who are Venezuela's best novelists?

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The Two-Way
8:03 am
Thu April 11, 2013

'He Saved Hundreds': Army Chaplain Gets Medal Of Honor

In this copy of a photograph on display at Kapaun Mt. Carmel Catholic High School in Wichita, Kan., a wounded soldier is helped by Army chaplain Emil Kapaun (on the soldier's left) during the Korean War. The Kansas native died a prisoner of war in 1951.
Mike Hutmacher MCT/Landov

Originally published on Thu April 11, 2013 11:15 pm

It took more than 60 years, but an Army chaplain who died as a prisoner during the Korean War will be awarded the Medal of Honor by President Obama on Thursday.

Capt. Emil Kapaun was a Catholic priest serving with the 3rd Battalion, 8th Cavalry Regiment, 1st Cavalry Division who died at age 35 in 1951. And he's not only a war hero — the Catholic Church is also looking into whether he should be made a saint.

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