Every day at 11 a.m., a few big banks tell the British Bankers' Association what it costs them to borrow. Out of that comes LIBOR — the London Interbank Offered Rate, a dull but vital interest rate that underpins trillions of dollars of transactions globally, from home mortgages and personal credit cards to major corporate lending.
Mingo County, deep in the southwest corner of West Virginia, has sent a "protest vote" to the attention of President Obama. In the May 8 Democratic primary, voters chose a man named Keith Judd to run for president. He got 61 percent of the vote.
Judd won't be available. He's serving a 17-year sentence for extortion. From prison in Texas, he managed to file the papers, pay the fee and get on the West Virginia ballot.
Cooking can be hazardous to your health and to the environment, particularly if you are cooking indoors over an open fire and burning wood and dung, as many people in poor, rural areas of the world do every day.
Michael Phelps, the American Olympic swimming star, will not try to repeat his incredible feat of Beijing. Phelps collected eight gold medals in 2008, which essentially cemented his place as the the best swimmer the world has seen.
The New York Times reports that Phelp's coach, Bob Bowman, announced today that Phelps will not compete in the 200-meter freestyle in London, which reduces his event load to seven.
The election of Egypt's first Islamist president could alter alliances across the Mideast. Diplomats and analysts are trying to figure out how Egypt's relations with Iran, Israel and other countries may change now that a member of the long-banned Muslim Brotherhood will be leading the country.
New Orleans became a blank slate after Hurricane Katrina struck in 2005. And ever since, entrepreneurs have rushed in to experiment with new ideas for building and running a city.
Among them is a startup called Neighborland.com, a social media tool for sharing ideas to make your neighborhood better. After signing in to Neighborland, you can find your neighborhood and post your idea. The posts all start with "I want," and you fill in the rest.