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The Two-Way
12:28 pm
Fri May 3, 2013

NASA: Warming Climate Likely Means More Floods, Droughts

Flash floods followed heavy rains in northern India in September.
AFP/Getty Images

Originally published on Mon May 6, 2013 10:53 am

The Earth's wettest regions are likely to get wetter while the most arid will get drier due to warming of the atmosphere caused by increased levels of carbon dioxide, according to a new NASA analysis of more than a dozen climate models.

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The Two-Way
12:27 pm
Fri May 3, 2013

For Washington School, Good Weather Means School's Canceled

Originally published on Fri May 3, 2013 12:55 pm

Wish our boss was this generous.

The principal of a small, private school in Washington decided that it was so beautiful outside, kids should take the day off to enjoy it.

Bellingham Christian, which is right across the border from Vancouver, posted the notice on its website.

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The Two-Way
12:05 pm
Fri May 3, 2013

Employment Numbers Tell Us A Lot (But Not That Much)

Originally published on Fri May 3, 2013 3:17 pm

The nation's unemployment rate hit a four-year low of 7.5 percent and the job market improved last month. Friday's news helped push the Dow Jones industrial average above 15,000 for the first time.

Was that a rational response?

Although the jobs report for April was positive, what triggered the market reaction was the fact that it was better than expected. Instead of 145,000 jobs created, as most economists predicted, the Labor Department says there were 165,000 new jobs.

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The Two-Way
11:32 am
Fri May 3, 2013

Witherspoon's Punishment: $100 Fine & A Viral Arrest Video

Actress Reese Witherspoon in a photo provided by the City of Atlanta Department of Corrections after her arrest.
AP

Actress Reese Witherspoon on Friday "pleaded no contest and paid a $100 fine [for] berating a state trooper in Atlanta while her husband was given a sobriety test," The Associated Press writes.

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Economy
11:27 am
Fri May 3, 2013

Reality Check: Strapped States Cutting Unemployment Benefits

California saw unemployment benefit cuts of 18 percent go into effect this week, reducing checks for more than 400,000 people.
Douglas Dickens iStockphoto.com

The jobs report for April showed some improvement — but not much — in the unemployment rate and the total number of unemployed workers.

It's not great news for people looking for work, and it's also not great for states. After years of persistently high unemployment, states have drained their unemployment trust fund accounts.

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