And we're getting ready for what's expected to be the other major news of the morning — the 8:30 a.m. ET announcement from the Bureau of Labor Statistics about the September unemployment rate and how many jobs were or were not added to payrolls last month.
Palestinians gave President Mahmoud Abbas a hero's welcome last month after he called for Palestinian statehood at the U.N. But the U.S. has since frozen some assistance, which is hitting Palestinian development projects.
The Obama administration is urging Congress to rescind a decision blocking some aid to the Palestinians.
The congressional decision to put a hold on $200 million of aid money was prompted by the Palestinian Authority's bid for statehood recognition at the United Nations — something both the administration and Congress oppose. The funding cut is already having an impact in the Palestinian territories.
After he left the Air Force in 1977, Rick Perry returned to Paint Creek, Texas, to be a dryland farmer. "Paint Creek reminds me of a sense of community that seems lost today. ... For me, Paint Creek was not merely an idea; it was the center of civilization, and everything else was an alternative universe," he wrote in his book On My Honor.
Last summer, immigration rights activists in Los Angeles gathered for a rally calling on the government to act on immigration overhaul legislation. Strong Latino support helped President Obama win in 2008, but his support among those voters is slipping.
President Obama greets attendees after speaking during the Congressional Hispanic Caucus Institute's 34th Annual Awards Gala in Washington last month. The administration has been taking steps to win back the support of Latino voters.
Though most central bankers hate inflation, policies that promote inflation may boost the U.S. economy, some economists say.
Ken Rogoff, former chief economist at the International Monetary Fund, says the Federal Reserve's efforts to boost growth haven't worked and the central bank needs to be more forceful.
"They need to be willing, in fact actively pursue, letting inflation rise a bit more," says Rogoff, who is now a professor at Harvard. "That would encourage consumption. It would encourage investment. It would bring housing prices into line."
Businessman and GOP presidential candidate Herman Cain has been taking advantage of his recent rise to fame. Since he won the Florida straw poll late last month, he is everywhere: appearing on Sunday talk shows, promoting his new book and taking every opportunity to try to maintain his momentum.
People like the way he talks. His frank, motivational style has come out in GOP debates and in speeches.
A job seeker makes a list of his skills during a workshop in Burlingame, Calif., targeted toward people who have been out of work for at least six months. According to the Labor Department, there are now more than 2 million people who have been jobless for at least two years.
Long-term joblessness is one of the unfortunate legacies of the recession. Earlier this year, the Labor Department started tracking longer periods of unemployment. According to that data, there are now more than 2 million people who have been jobless for at least two years, and 700,000 of those have been looking for work for at least three years.
Omid Kokabee, an Iranian who was studying physics at the University of Texas, Austin, was arrested when he returned home to Iran for a family visit. He went on trial in Tehran this week on charges related to espionage.
An Iranian who was studying physics in Texas went on trial in Tehran this week on charges related to espionage.
Omid Kokabee, 29, a graduate student at the University of Texas, Austin, went home to Iran to visit his family back in February. When Kokabee failed to return to Austin, his friends discovered he had been jailed and charged in Iran with communicating with a hostile government and taking illegal funds.
His case is only now becoming public knowledge, just a few weeks after Iran released two young Americans accused of espionage and held for more than two years.