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The Two-Way
1:53 pm
Wed June 19, 2013

Fed Leaves Interest Rates And Bond Purchase Plan Untouched

Federal Reserve Chairman Ben Bernanke said Wednesday that a fall in the unemployment rate would not automatically trigger a rise in interest rates. He spoke to the media after the central bank issued a policy update.
Susan Walsh AP

Originally published on Wed June 19, 2013 2:57 pm

The Federal Reserve will continue its program of purchasing $85 billion in securities and will leave the target interest rate for federal funds untouched to support the U.S. economy, the U.S. central bank said in a policy update issued Wednesday afternoon.

Here's a summary of the state of the U.S. economy from the Fed, which concluded two days of meetings today:

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The Two-Way
1:24 pm
Wed June 19, 2013

Country Singer Slim Whitman, Known For His Yodel, Dies

Slim Whitman arriving at Heathrow Airport in 1976.
Evening Standard Getty Images

Originally published on Wed June 19, 2013 9:18 pm

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The Two-Way
1:24 pm
Wed June 19, 2013

'Suffering On A Huge Scale': World Refugee Numbers Swell

Afghan refugee children collect items of use from a pile of garbage on the outskirts of Islamabad, Pakistan.
Muhammed Muheisen AP

The United Nations Refugee Commission says more than 45.2 million people were in "situations of displacement" around the world as of last year — the most since 1994.

A report from the Office of the United Nations High Commissioner for Refugees says there were 15.4 million refugees in other countries, 937,000 people seeking political asylum and 28.8 million people forced out of their homes but still inside their own countries.

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WRKF
12:41 pm
Wed June 19, 2013

Interviews: Former Congressman Jim McCrery, Photographer C.C. Lockwood

Originally published on Thu June 20, 2013 10:09 am

Former northwestern Louisiana congressman Jim McCrery talks about the country's spiraling debt, and which party is handling the crisis better.

Author, journalist and Governor Edwin Edwards' biographer Leo Honeycutt talks about Governor Jindal's recent op-ed piece in Politico, critical of Republicans and Democrats alike.

Photographer C.C. Lockwood discusses his career and his recent switch to the world of digital photography.

 

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The Two-Way
12:24 pm
Wed June 19, 2013

Oops. Wrong Birth Year Fixed On NYC Mayor Koch's Tombstone

Look closely: Ed Koch's tombstone had the wrong birth date. It's fixed now, but the error had the late New York City mayor born in 1942, rather than 1924.
Andrew Savulich NY Daily News via Getty Images

"You could call it a 'grave' mistake," says WNBC-TV of New York City.

The tombstone of Edward I. Koch, the city's colorful, three-term mayor who died in February, listed an incorrect birth date for him. Instead of showing Dec. 12, 1924, the year mistakenly read 1942 — until yesterday.

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The Two-Way
12:15 pm
Wed June 19, 2013

FBI Director Says Agency Is Using Drones Over The U.S.

A Predator drone
General Atomics Getty Images

Originally published on Wed June 19, 2013 3:55 pm

The Federal Bureau of Investigation is using drones on United States soil for surveillance purposes, the agency's director, Robert Mueller, told a Senate committee today.

"Our footprint is very small, and we have very few and of limited use, and we're exploring not only the use but also the necessary guidelines for that use," said Mueller , answering a question from Sen. Chuck Grassley, R-Iowa.

Mueller, who was testifying in front of the Senate Judiciary Committee, said they were used in a "very, very minimal way and very seldom."

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WRKF
11:59 am
Wed June 19, 2013

Funding Formula, Legislative Process Focus Of Voucher Trial's First Day

The trial in the lawsuit from teacher unions and local school boards seeking to shutdown a statewide voucher program began Wednesday.

A state judge heard more than eight hours of complex testimony in 19th District Court.

 


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The Two-Way
11:50 am
Wed June 19, 2013

It's Beach Time ... In Alaska, Where Heat Wave Breaks Records

In this photo taken on Monday, people swim and sunbathe at Goose Lake in Anchorage, Alaska.
Rachel D'Oro AP

Originally published on Wed June 19, 2013 12:44 pm

Taking advantage of an intense heat wave that broke long-standing records yesterday, residents of Anchorage, Alaska, headed to the beach at Goose Lake.

As the Anchorage Daily News reports, the National Weather Service recorded a high temperature of 81 degrees in the city, beating the previous record of 80 degrees set in June of 1926.

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Fine Art
11:40 am
Wed June 19, 2013

The Art Of Life: Claes Oldenburg At MOMA

Oldenburg's fascination with simple, everyday objects often led him to food as a subject, as with Pastry Case, I, 1961-62.
Claes Oldenburg Museum of Modern Art

Originally published on Wed June 19, 2013 3:05 pm

The sculptor Claes Oldenburg was born in Stockholm but grew up in Chicago, went to Yale and came to New York in 1956, where he became a key player in the pop art movement — the major counter-reaction to the abstract expressionism that dominated the 1950s. So much for art history.

Although Oldenburg is a serious artist, probably no artist in history ever created works that were more fun. In a new show at the Museum of Modern Art — really two shows — practically everyone, including myself, was walking through the galleries with a huge grin.

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NPR Story
11:36 am
Wed June 19, 2013

RoyOMartin mills in Chopin and Oakdale, La., earn safety awards

The RoyOMartin plywood plant in Chopin, La., is being honored today by the APA – the Engineered Wood Association. It received the second highest award in its division for the APA’s Annual Safety and Health Program. Joe Mackay, vice president of the plywood division for RoyOMartin, said the honor is notable considering how many hours were worked.

“We typically work between 1.2 and 1.3 million a year, so it’s particularly gratifying given that number of hours, since the other mills in that division are down around 400,000. We have a bit more exposure," Mackay said.

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