Monday, March 15, 2010

China's yuan value hits U.S. economy, two experts say

China's yuan value hits U.S. economy, two experts say


China's yuan value hits U.S. economy, two experts say

Posted: 14 Mar 2010 03:30 PM PDT

China's undervalued currency is costing the U.S. economy more than $200 billion per year in lost growth and is reducing American employment by as much as 1 million jobs, two leading international trade economists claim. Beijing uses currency manipulation to maintain the value of its currency, the yuan, at an artificially low value, which makes its exports much cheaper and its imports more expensive, charged Nobel laureate Paul Krugman and C. Fred Bergsten, director of the Peterson Institute for International Economics. The currency manipulation keeps the yuan, also known as the renminbi, under


US To Israel: Cancel Controversial Settlement Plan

Posted: 15 Mar 2010 06:43 AM PDT

JERUSALEM — The U.S. is pressing Israel to scrap a contentious east Jerusalem building project whose approval has touched off the most serious diplomatic feud with Washington in years, said Israeli officials Monday. Tensions in the city at the center of the spat were high, with police out in large numbers in Jerusalem's volatile Old City in expectation of renewed clashes and Palestinian shopkeepers shuttering their stores for several hours to protest Israel's actions in the city.


Lawyer refutes doubts about runaway Toyota Prius driver

Posted: 14 Mar 2010 05:58 PM PDT

The mystery surrounding a Toyota Prius whose driver reported a stuck accelerator deepened Sunday as the motorist's attorney dismissed ...


Latest Celebrity Photos

Posted: 14 Mar 2010 06:35 PM PDT

Elle MacPherson walked the runway at the 2010 Louis Vuitton Ready-to-Wear show during Paris Fashion Week at the ripe old age of 46! Antonio de Moraes Barros Filho/WireImage.com After many years of international criticism over the apparent unhealthiness of the skinny models chosen to walk the runw...


Jessica Simpson and Her BFF Ken Paves Want to Know 'The Price of Beauty'

Posted: 15 Mar 2010 09:34 AM PDT

Ken Paves talks to Tonic about his journey on 'Jessica Simpson's The Price of Beauty.'


Millions Spent to Sway Democrats on Health Care

Posted: 14 Mar 2010 08:10 PM PDT

Advertising that rivals the ferocity of a presidential campaign is taking aim at about 40 House Democrats.


Remembering Peter Graves, saturday afternoons and childhood

Posted: 15 Mar 2010 08:17 AM PDT

Peter Graves, 1926 - 2010. (Image by AFP/Getty Images via Daylife) Perusing the Internets last night, I was disheartened by two things: 1. The death of actor Peter Graves; and 2. How many people on Twitter seemed to remember Graves just from the "Airplane!" movies. Graves, who would have turned 84 this week, was, of course, much more than that. He was a hard-working actor with a long career that seemed rootless for much of the '50 and '60s. Overshadowed by his older brother, "Gunsmoke" star James Arness, Graves spent many years as a kind of "it's that guy" actor — the kind whose gravelly v


Everybody in the Pool: March Madness On and Off the Court

Posted: 15 Mar 2010 05:43 AM PDT

Most of the college basketball season is dwarfed in popularity by football; only in the third month does the competition hit overdrive and become a battle royale among tall men shooting an orange sphere.


Pentagon Gun Was From Tennessee Police

Posted: 14 Mar 2010 07:43 PM PDT

WASHINGTON — Two guns used in high-profile shootings this year at the Pentagon and a Las Vegas courthouse both came from the same unlikely place: the police and court system of Memphis, Tenn. Law enforcement officials told The Associated Press that both guns were once seized in criminal cases in Memphis. The officials described how the weapons made their separate ways from an evidence vault to gun dealers and to the shooters.


What Obama's health plan means for consumers

Posted: 15 Mar 2010 05:22 AM PDT

The president's 2,700-page bill will 'play out over a generation' and affect all facets of the health system.


Investigators say no explanation yet for Calif. Prius claim (Reuters)

Posted: 14 Mar 2010 10:23 PM PDT

Reuters - Safety investigators have found no evidence so far to support or disprove a California motorist's claim that his Toyota Motor Corp Prius sped out of control on its own, and cautioned that the case may never be explained, U.S. regulators said on Monday.


Census forms on their way

Posted: 14 Mar 2010 04:35 PM PDT

More than 120 million 2010 Census forms should start to land in mailboxes by Monday. They should all arrive by Wednesday.


NCAA Bracket 2010: PRINTABLE Brackets For March Madness 2010

Posted: 15 Mar 2010 06:43 AM PDT

The printable 2010 NCAA Brackets are now available, having been released last night. Click HERE to download your own printable bracket (PDF file). (Scroll down to see an embedded version.) The 1-seeds are Kansas, Kentucky, Duke and Syracuse. Kansas is the overall No. 1 seed. The play-in game is Tuesday, March 16, between Arkansas-Pine Bluff and Winthrop. Round one kicks off on Thursday and runs from March 18-19. The second round takes place on March 20 and 21. The Sweet 16 round starts on March 25 and concludes on the 26th. The Elite Eight round occurs on March 27 and 28. On April 3, the Fi


Rielle Hunter Bares All in First Interview About Affair With John Edwards

Posted: 15 Mar 2010 06:32 AM PDT

NY Post: John Edwards' mistress has revealed for the first time how the illicit lovers fell in lust and slept together the night they met -- and claims the presidential candidate predicted the wild romp would cause his premature ejection from politics. "Falling in love with you could really f- - - up my plans for becoming president," Edwards told vixen videographer Rielle Hunter after their sexual tryst at Manhattan's Regency hotel in February 2006. In her bombshell interview with GQ, Hunter says: * Her first words to him were "You're so hot" -- and they had sex later that night in his ho


iPad Sales Hit 120,000 On First Day, Analysts Estimate

Posted: 15 Mar 2010 05:43 AM PDT

Pre-orders for the iPad kicked off on Friday morning, March 12. There was considerable pre-launch hype about what Steve Jobs has called a 'revolutionary' and 'magical' device, so how well did Apple's tablet actually do on its first day on the market? Sales data is still sketchy, but surveys by CNN and other sites provide an approximation of the iPad's pre-order sales---and it looks like they were strong. CNN's Investor Village's AAPL Sanity board estimated that 120,000 iPads were sold on the first day the iPad went on sale; that 16, 32 and 64GB iPads were purchased with equal frequency; and


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