Civilian furloughs have begun at U.S. military installations worldwide. The mandatory days off without pay, prompted by the current round of budget cuts known as sequestration, are looming over Defense Department-run schools that serve the children of military families. For teachers at the nation's most populous Army base, Fort Bragg, cuts mean no new textbooks and a loss of school days.
Researchers have discovered the largest virus ever, and they've given it a terrifying name: Pandoravirus.
In mythology, opening Pandora's Box released evil into the world. But there's no need to panic. This new family of virus lives underwater and doesn't pose a major threat to human health.
"This is not going to cause any kind of widespread and acute illness or epidemic or anything," says Eugene Koonin, an evolutionary biologist at the National Institutes of Health who specializes in viruses.
The environment may not come to mind when most people think about former President Bill Clinton, but on Wednesday he defended his legacy as the Environmental Protection Agency's headquarters in Washington, D.C., was renamed in his honor.
Ruby Keeler was an unknown actress when she starred in the 1933 production of Busby Berkeley's 42nd Street.
But the movie was so popular she was able to land two more splashy musicals that same year — and seven more by the end of the decade. There was nothing extraordinary about her talents as a vocalist or as an actress, but audiences of the Depression era really bought into Keeler's "innocent" onstage persona. In fact, they craved it.
The mortgage giants Fannie Mae and Freddie Mac got hit so hard by the housing crisis that they required a massive federal rescue. Now lawmakers are looking to scale back the two entities' role — and the government's — in the mortgage market.
The Senate Banking Committee is expected to vote Thursday on President Obama's nominee to head the agency that oversees Fannie and Freddie.
The Beige Book is weird. It's an economic report released by the Federal Reserve every few months, but it doesn't have many numbers in it. Mostly, it's a bunch of stories gathered by talking to businesses around the country. A Fed economist once described it as the "Ask Your Uncle" approach to figuring out what's going on in the economy.