Economy
3:25 am
Wed February 29, 2012

Record Low Interest Rates Raise Inflation Concerns

The Federal Reserve plans to keep short-term interest rates near zero until 2014, and some critics are concerned about the risk of inflation and the message it sends about the economy.
Karen Bleier AFP/Getty Images

The goal of the Federal Reserve's low interest rate policy is to juice the economic recovery. The low rates should make it easier for people to borrow money, which they'll hopefully spend; the increased demand for goods and services is then supposed to translate into more hiring.

That's what the Fed is banking on. It hopes low interest rates will help with its mandate of achieving maximum employment, but it also has another mandate: to keep prices stable.

"In many cases, those two conflict," says economist Joe Gagnon of the Peterson Institute for International Economics.

Read more
The Record
12:08 am
Wed February 29, 2012

Music In Political Campaigns 101

Kid Rock performs during a campaign rally for Republican presidential candidate Mitt Romney in Michigan Monday night. Romney asked for, and was given, permission to use the Detroit rocker's song "Born Free" in his campaign.
Justin Sullivan Getty Images

Read more
All Tech Considered
12:01 am
Wed February 29, 2012

Nailing Down The Appeal Of Pinterest

A visit to the Pinterest home page reveals images of what some say are stereotypically female interests, from women's fashions to recipes.
Pinterest

Originally published on Wed February 29, 2012 11:02 am

To the list of weird-sounding hybrid words of the digital age, like Googling and tweeting, we can now add "pinning." As in Pinterest. It's sort of an online scrapbook or bulletin board, and it's one of the fastest-growing websites in history.

Last month, more than 10 million unique visitors signed on to Pinterest. But some of them, like Billy Winburn, are still trying to get the hang of it. At an office in Alexandria, Va., Jennifer Folsom, who works a few desks away, is walking him through the process.

Read more
Europe
12:01 am
Wed February 29, 2012

For Leap Day Only, A Rare Newspaper Goes To Print

A man reads a copy of the satirical newspaper La Bougie du Sapeur (The Sapper's Candle), published every leap day, in a Parisian cafe on Feb. 29, 2008. The paper's tagline is "without reproach."
Patrick Hertzog AFP/Getty Images

Originally published on Wed February 29, 2012 11:02 am

At newsstands across France on Wednesday, readers will delight to a humorous broadsheet published every four years on leap day.

At news shops in Paris and around France, readers look forward to their copy of La Bougie du Sapeur every Feb. 29. Published since 1980, the satirical journal is now in its ninth edition. Its title, which translates as "sapper's candle," is taken from an old French comic-book figure who was born on that fateful last day of February.

Read more
Sweetness And Light
12:01 am
Wed February 29, 2012

100 Points, One Game: A Basketball Record Turns 50

Wilt Chamberlain of the Philadelphia Warriors poses in the dressing room after he scored 100 points in a game against the New York Knickerbockers on March 2, 1962.
Paul Vathis AP

Originally published on Wed February 29, 2012 11:02 am

Dave Zinkoff — or simply "The Zink" — was perhaps the most distinctive public address announcer in sports when, years ago, he called games in Philadelphia, especially for the city's NBA teams. Just his declaring that there were two minutes left in the quarter made you feel that, never mind that quarter, doomsday was but 120 seconds away.

But nothing The Zink cried out was so resounding as when Wilt Chamberlain would make an emphatic slam.

"Dipper dunk!" he would holler.

Read more
The Two-Way
6:20 pm
Tue February 28, 2012

Leap Day: Any Plans?

Originally published on Tue February 28, 2012 6:26 pm

Something that only comes around once every four years and doesn't involve either politics or Olympic competition deserves its own mention:

Wednesday is Feb. 29.

Leap day, that is.

Our friend Linton Weeks has put together a handy list of 24 things you could do with the extra 24 hours. (And yes, we know that some of you have already started your day; but, hey, we're an East Coast-based blog.)

Read more
Shots - Health Blog
6:15 pm
Tue February 28, 2012

Dental Visits To ERs Are On The Rise

Toothache? The ER doctor will see you now.
istockphoto.com

Originally published on Tue February 28, 2012 6:18 pm

Americans who turn up in the emergency room to get dental care aren't lost, they're probably just running out of options.

According to a new report from the Pew Center on the States, more than 800,000 visits to the ER in 2009 were for toothaches and other avoidable dental ailments.

Read more
Politics
6:05 pm
Tue February 28, 2012

Found Time: How To Spend The 24 Hours Of Leap Day

Leap day is the perfect moment to contemplate time. Here a man looks at the Seine river through the giant clock of the Orsay Museum in Paris.
Pierre Verdy AFP/Getty Images

Found time! An extra day. How will you use it? Here are 24 ideas. None of them takes longer than an hour. Because time is tight, time is of the essence, time is money. And if you don't have time to get to everything on the list, don't worry. Maybe in 2016.

Feb. 29, 2012 Hour By Hour:

Read more
It's All Politics
6:03 pm
Tue February 28, 2012

Senate's Snowe To Retire, Boosting Democrats' Bid To Keep Control

Sen. Olympia Snowe in Augusta, Maine, Saturday, Feb. 4, 2012.
Joel Page AP

Originally published on Tue February 28, 2012 6:43 pm

Virtually everyone expected Tuesday's big political news to come blowing out of Michigan, the big industrial state, where Mitt Romney and Rick Santorum were vying to win that state's GOP presidential primary.

But little Maine managed a national political bombshell of its own with the surprising news that Sen. Olympia Snowe, the 65-year old, three-term moderate Republican senator, won't seek re-election.

From a statement she issued, it appears Washington's partisan bickering just got kind of old for the senator.

Read more
The Two-Way
5:45 pm
Tue February 28, 2012

Join Us For Live Blogging Of Today's Republican Primaries

Another Tuesday, another critical day for the 2012 Republican presidential contenders.

This time the locations are Michigan, where most polls close at 8 p.m. ET, and Arizona, where voting ends at 9 p.m. ET. The story political junkies are watching closest: Will former Massachusetts Gov. Mitt Romney, a Michigan native, hold off a strong challenge there from former Pennsylvania Sen. Rick Santorum?

Also on the ballots, of course: former House Speaker Newt Gingrich and Rep. Ron Paul, R-Texas.

Read more

Pages