Updated at 2:23 pm — CBS News reports that some journalists are worried that Sarah Palin's East Coast bus tour is creating a dangerous situation on the highways by not telling the news media beforehand about its planned stops.
Instead, journalists are having to trail her small motorcade bus from stop to stop. The response from Palin and her aides to journalists is, in a paraphrase, "tough."
Battered by the recession, many states have found they can no longer cover unemployment insurance funds. Some states are cutting the number of weeks a laid-off worker can expect to receive benefits. NPR's Senior Business Editor Marilyn Geewax and Rick Nivison, who is currently receiving unemployment benefits, talk about the cuts to the benefits. Nivison lives in Michigan, which recently cut the number of weeks someone can claim state unemployment insurance from 26 to 20 weeks.
Prices for single-family homes have fallen to their lowest level since the housing bubble burst in 2006. The latest S&P/Case-Shiller index for March shows prices dropping in 18 out of 20 major metro areas. The nationwide index fell for the eighth straight month. A glut of foreclosures is a major reason home values continue to deteriorate.
John Bryson, the retired former CEO of Edison International, has been chosen by President Obama to be the next secretary of commerce, The Associated Press, CNN, Politico and several other news outlets are reporting.
The president is expected to make the announcement early this afternoon.
Bryson would succeed Secretary Gary Locke, who has been tapped to be the next ambassador to China.
American Airlines just took delivery of its first Boeing 737-800, a passenger plane with an option list that includes LED lighting that can be tuned to the time of day (or night), more headroom, larger storage bins and a futuristic feel.
On a reporter's recent visit to the Boeing factory in Renton, Wash., outside Seattle, a row of 737s stood nose to tail. If you think the glory days of American manufacturing are but a memory, consider this: From start to finish, it takes 10,000 mechanics and engineers 11 days to build a new 737.
An American Muslim arrested as a material witness in a terrorism case in 2003 would have to show then-Attorney General John Ashcroft was personally responsible for an infringement of the detainee's constitutional rights, including abuse in prison. A court had issued a warrant for Abdullah al-Kidd's detention.
U.S. home prices fell to new, post-bubble lows in March, according to the latest Case-Shiller home price numbers. And with the wave of foreclosures continuing, it's hard to see an end to the housing bust.
Foreclosures and short sales are a key driver of falling home prices. They contribute to the glut of houses on the market, and tend to sell at discounted prices.