Thursday, March 15, 2012

Stocks Fall After 10-Year Yield Climbs

NEW YORK - Stocks fell for a third straight session Thursday after rising bond yields stoked concerns that an interest rate cut later in the year is less likely.

The 10-year Treasury note's yield surpassed 5 percent in overnight trading. With rates rising in the market, the Federal Reserve is expected to be less inclined to cut short-term interest rates. And a dip in applications for unemployment benefits last week, which indicates a healthy labor market, also made a rate cut seem less likely.

Additionally, mixed May sales reports from major retailers indicated that consumer spending remains uncertain, particularly as gas prices rise and perhaps cut into consumers' …

Looking for Dutch NYC 400 years after Hudson

New York City is constantly being rebuilt, paved over and reinvented, so it's not easy to find remnants of the colony of New Amsterdam 400 years after Henry Hudson sailed up the river that bears his name.

But whether you're sitting on a stoop in Brooklyn, strolling through Harlem or wandering along the Bowery, you are connecting with the city's Dutch roots. There are place names, statues, and even a 17th century Dutch farmhouse in Brooklyn, all serving as proof of this early chapter in New York history.

"New York City being what it is, it builds on top of everything," said Russell Shorto, author of "The Island at the Center of the World: The …

Prices in northwest suburbs moderate

The price difference is narrowing between northwest suburbanhouses and homes elsewhere in the Chicago area.

Northwest suburban homes no longer are the area's mostexpensive, according to House Watch, an exclusive survey for theChicago Sun-Times by Century 21. The average price for March was$122,183, compared with $123,609 in the North Shore suburbs.

Homes in the northwest suburbs on average are selling for 9.6percent above the Chicago area mean of $111,525. Last March, salesprices were 13.2 percent above the metropolitan average.

Northwest suburban homes were on the market an average of 49.6days, compared with 52.4 days in the north suburbs, which was …

Wednesday, March 14, 2012

Death for Chinese man in case that fueled protests

BEIJING (AP) — Chinese state media say a man has been sentenced to death in a case that fueled the biggest ethnic protests in Inner Mongolia in two decades.

The Xinhua News Agency says Sun Shuning was sentenced Tuesday after being convicted of killing Yan Wenlong on May 15 during a dispute between coal mine operators and local residents protesting pollution.

The swiftness and …

Muslim, Hindu protests in Indian Kashmir

Authorities on Tuesday reversed a controversial plan to transfer land to a Hindu shrine in Muslim majority Indian-held Kashmir, but instead of cooling tensions, the move sparked fresh protests by both Hindu nationalists and Muslim activists.

The unrest, which has left five people dead and hundreds wounded, was sparked two weeks ago when the state government transferred 99 acres of land to the Shri Amarnath Shrine Board, a trust running a revered Hindu shrine.

The move enraged Muslim leaders, who led daily mass protests denouncing the land transfer as a plot to build Hindu settlements in the area and alter the demographics in India's only Muslim-majority …

No tannadice terrors!

The defender quit Dundee United during the summer to become one ofJimmy Calderwood's four new Aberdeen recruits.

And he faces an instant return to his old club when the Redstravel south down the A90 on Saturday, August 4 to kick-off the newseason against the Terrors.

Mair expects to be a hate figure that afternoon but can't wait forthe new season to begin to end a long wait to pull on a Dons shirt.

"It was an absolute certainty for Aberdeen to be drawn againstDundee United at Tannadice in the first game of the new season," saidMair. "If I get stick then I'll just have to cope with it as ithappens to other players.

"I hope the United fans won't be too …

Giving Barbie the 'boot'

Strategies & supplements to achieve realistic weight-loss goals.

So many "weight-loss" books tapes, and paraphernalia come to Better Nutrition's New York office that itbecomes easy to be overly skeptical, particularly of the paperbacks which come to us from non-specialty publishing houses.

Needless to say, when the newly released paperback, The 7 Secrets of Slim People (by Vikki Hansen, M.S.W., and Shawn Goodman) wound up on my desk, I was immediately suspicious.

I thought: there are no "secrets" to proper weight, just responsible eating and exercise. And what's this with "slim people"? I wondered. Are we expected to believe that there's some special race of …