U.S. employment is stalled, growth is anemic, and the Federal Reserve has decided not to take action for at least another month.
Most economists weren't expecting the Federal Open Markets Committee, which sets the Fed's monetary policy, to announce another round of quantitative easing — a fancy term that basically means the central bank buys bonds to increase the money supply and make borrowing cheaper — at this week's meeting. Still, that's exactly what a number of them think is needed.
New Jersey has a proud heritage in rock music, from punk legends like Misfits to the Boss himself. The sonic imprint of the Garden State is unmistakable in the music of The Gaslight Anthem, which carries on in Jersey's proud rock 'n' roll tradition.
Originally published on Fri October 19, 2012 7:58 am
Like many artists performing under the broad umbrella of "folk music" at this year's Newport Folk Festival, Gary Clark Jr. isn't settling inside any genre, let alone folk. Working off a template of bluesy rock, he infuses the gritty songs on his Bright Lights EP with elements of soul, pop and even reggae. Above all, he's a positively ferocious young guitarist, with a reputation as an up-and-comer poised for one of those 30-, 40-, even 50-year careers.
American swimmer Michael Phelps reacts to winning his first individual gold medal at the London 2012 Games. He beat Ryan Lochte (left) in the men's 200m individual medley final. Phelps completed a historic third consecutive 200m IM Olympic victory.
Credit Al Bello / Getty Images
Rebecca Soni of the United States celebrates after setting a new world record time of 2:19.59 in the women's 200m breaststroke and winning a gold medal Thursday.
Originally published on Thu August 2, 2012 9:55 pm
American gymnast Gabby Douglas has won her second Olympic gold medal of the London Summer Games, winning the individual all-around event to match her performance anchoring the U.S. team's first-place performance earlier this week.
Douglas scored 15.500 or higher in her first three rotations, with an emphatic 15.966 on her vault. Her final score was 62.232.
Gil Evans, born a century ago this year, was a leading jazz arranger and composer starting in the 1940s, when he wrote for big bands. He helped organize Miles Davis' Birth of the Cool sessions, then arranged Davis' celebrated orchestra albums like Sketches of Spain. Evans, who had his own big bands that went electric in the 1970s and '80s, died in 1991, but some of his rare music has been newly recorded.
Russia's Sofya Velikaya (left) fences against South Korea's Kim Ji Yeon in their sabre gold medal bout Wednesday. Because of a limit on medals, there is no women's team sabre title at the London 2012 Games.
It's hard to find a discipline that Team USA has dominated more than the women's sabre. The team is anchored by two-time medalist Mariel Zagunis. And before Zagunis was upset in the bronze medal match Wednesday, five of the six medals that had been awarded since 2004 went to Americans.
Writer Caitlin Moran believes most women who don't want to be called feminists don't really understand what feminism is. In her book How to Be a Woman, Moran poses these questions to women who are hesitant to identify as feminists:
What part of liberation for women is not for you? Is it the freedom to vote? The right not to be owned by the man that you marry? The campaign for equal pay? Vogue by Madonna? Jeans? Did all that stuff just get on your nerves?