MORTGAGE NEWS
What does Fed rate cut mean for you?
The Federal Reserve cut interest rates for the second time in about about a week amid rumblings about a recession. While Wall Street may celebrate the lower rates, what will it mean for the average consumer? CNN personal finance editor Gerri Willis breaks it down.
Read the full story at CNN.com
Stocks Surge on Big Fed Rate Cut
The FOMC's super-sized half-point easing Tuesday sparked huge gains in equity indexes.
Read the full story at BusinessWeek
BUSINESS NEWS
Is Yahoo Worth $44.6 billion?
On February 1st, Microsoft CEO Steve Ballmer announced that the company initiated a $44.6 billion takeover bid for Yahoo! This is the second time the juggernaut has made a play for the online service.
Read the full story at Newsweek
A Better Way to Track the Economy
A groundbreaking Commerce Deptartment report could lead to new yardsticks for measuring growth.
Read the full story at BusinessWeek
Writer's Strike having impact on prime-time
As broadcast networks head into the February sweeps period, the prolonged writers strike is starting to be felt in prime-time ratings.
Read the full story at BusinessWeek
RECIPE OF THE MONTH
Twenty for Twenty
Don't like repeated trips to the grocery store? Stock up on these 20 ingredients, and you can make 20 delicious dinners.
Read the full recipe at AllRecipes.com
TECHNOLOGY
New Super-Efficient Micro Chip Could Run on Body Heat
A new chip uses so little power, it could enable sensors, communication devices and other gadgets that run on body heat and movement alone.
Read the full story at Wired.com
Revolutionary New Jet
A new jet engine designed to fly at seven times the speed of sound appears to have been successfully tested.
Read the full story at BBC News
WIKIPEDIA ARTICLE OF THE MONTH
Asian Giant Hornet
The Asian giant hornet (Vespa mandarinia) is the world's largest hornet. Queens may reach a length of 55 mm (2.2 in). Due to it's size, it is known in Japan as Suzume-Bachi or Sparrow-Bee.
Read the full story at Wikipedia.com
HUMOR
Blind Man in Texas
There once was a blind man who decided to visit Texas.
When he arrived on the plane, he felt the seats and said, "Wow, these seats are big!" The person next to him answered, "Everything is big in Texas."
When he finally arrived in Texas, he decided to visit a bar. Upon arriving in the bar, he ordered a beer and got a mug placed between his hands. He exclaimed, "Wow these mugs are big!" The bartender replied, "Everything is big in Texas."
After a couple of beers, the blind man asked the bartender where the bathroom was located. The bartender replied, "Second door to the right." The blind man headed for the bathroom, but accidentally stumbled and skipped the second door. Instead, he entered the third door, which lead to the swimming pool and fell into the pool by accident.
Scared to death, the blind man started shouting, "Don't flush, don't flush!"
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