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.