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7:59am

Wed August 10, 2011
The Two-Way

U.S. Stock Markets Fall Sharply In Early Trading

U.S. stocks stumbled out of the gate Wednesday, falling more than 300 points in the first few minutes of trading.

The sharp drop came despite a rally that buoyed U.S. indexes Tuesday, and rallies from the European and Asian markets Wednesday. Global investors seemed to take heart in the Federal Reserve's pledge to maintain low interest rates and stabilize the U.S. economy.

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7:58am

Wed August 10, 2011
Shots - Health Blog

Big Spenders With Private Insurance Found In Unexpected Places

Ocean City, N.J. has among the high medical spending from people with private insurance.
iStockphoto.com

Quick: Where do insured Americans spend the most on health care? Miami? Los Angeles?

Nope. It's Anderson, Ind., where people with employer-provided insurance spent an average of $7,231 on medical treatments per year. That's according to an analysis of 382 metropolitan areas by Thomson Reuters, a consulting firm that has one of the biggest databases of insurance claims from employers.

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7:53am

Wed August 10, 2011
The Two-Way

Woman's Leap To Safety Become An Iconic Image Of London Riots

After hearing people shout that a woman was about to jump from a burning building, photographer Amy Weston snapped this image of the woman's leap to safety.
Amy Weston WENN

An arresting image of a woman jumping into the arms of riot police has become a sensation, as the stark silhouette of her leaping figure against a background of bright flames captures a dramatic moment in Britain's riots. At least five of Britain's largest newspapers used the photo on their front pages Tuesday.

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7:35am

Wed August 10, 2011
Opinion

The Nation: Solidarity Amid Anarchy In UK

A toy is abandoned by a burning car and garbage bins in Hackney, east London, Monday Aug. 8, 2011. Violence and looting raged across London and spread to three other major British cities on Tuesday, as authorities struggled to contain the country's worst unrest since race riots set the capital ablaze in the 1980s.
Lefteris Pitarakis AP

Maria Margaronis writes from The Nation's London bureau.

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7:19am

Wed August 10, 2011
The Two-Way

Philip Levine Named As America's New Poet Laureate

America's new poet laureate, Philip Levine, won the Pulitzer Prize in 1995. Here, he's seen in a file photo at the San Joaquin River Center in Fresno, Calif.
Gary Kazanjian AP

America has a new poet laureate today, as the Library of Congress names Philip Levine in the one-year position. He will succeed W.S. Merwin in the post. Born in Detroit in 1928, Levine has used his poetry to examine blue-collar life, often embroidering everyday events with a sense of myth.

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