This year, the models on the runway at New York Fashion Week look downright comfortable — and Deborah Needleman, editor in chief of T: The New York Times Style Magazine, says that's "good news for real people."
In the semi-annual event, fashion editors and store buyers attend elaborate runway shows staged in tents at Lincoln Center and other locations around New York City. Designers present clothes to them that consumers may see in stores in the fall.
Tom Brokaw, the NBC News correspondent who for years was one of America's favorite news anchors, has been diagnosed with multiple myeloma, a cancer that affects blood cells in bone marrow, the network says.
Saying that Brokaw "and his physicians are very encouraged with the progress he is making" as he undergoes treatment, NBC released a statement on Brokaw's behalf. Here it is:
Despite efforts by two-thirds of its 28 member states to block the move, the European Union took a large step toward approving a new genetically modified corn Tuesday. It opponents say the corn, a DuPont Pioneer product called TC1507, has harmful qualities. They also predict the decision will prove to be controversial in Europe.
In America, total student loan debt tops $1 trillion and a four-year college degree can cost as much as a house — leaving many families wondering if college is really worth the cost.
Yes, a new study of young people finds. The study, released Tuesday by the Pew Research Center, looks at income and unemployment among young adults. Paul Taylor, executive vice president of special projects at Pew, says it's pretty much case closed when it comes to the benefits of going to college.
One of the biggest problems facing low-income families in the U.S. today is a lack of affordable housing.
According to a recent report by the Joint Center for Housing Studies at Harvard, more than 7 million low-income households now spend more than half of their income for rent, which leaves little money for anything else. And the situation is expected to get worse.
The House of Representatives has voted to extend the federal debt limit, after the Republican majority abandoned its hopes to tie other provisions to the measure. By a 221-201 vote, the House voted to extend the debt limit to March 15, 2015.
Update at 5:35 p.m. ET: Ryan Reportedly Voted 'No'
In the end, 28 Republicans joined with 193 Democrats to approve the move.
On Twitter, several congressional reporters quickly noted that House Budget Committee Chairman Paul Ryan, R-Wis., was one of many Republicans who voted against the legislation.
Originally published on Wed February 12, 2014 4:21 pm
When Woody Harrelson's character got hired as a bartender on Cheers, he was so excited, he insisted on working for no more than the minimum wage. "I'd work like a slave," he said, "and, of course, I'd wash your car."
Most bar and restaurant workers would prefer to bring home a little more cash. They may be in luck.
As part of his plan to raise the minimum wage, President Obama has called for substantially increasing the base wage paid to tipped workers for the first time in decades.
Originally published on Wed February 12, 2014 1:27 pm
Reddit, Tumblr and Mozilla are among nearly 6,000 websites participating in "The Day We Fight Back," an online protest Tuesday against government surveillance.
The goal of the protest, organizers say, is partly to pass a federal bill called the USA Freedom Act, which is intended to rein in the mass surveillance programs by the National Security Agency that were exposed by Edward Snowden.
Since every word that the head of the Federal Reserve utters is closely watched by those in the financial markets, it's worth noting that in her first appearance before Congress since being confirmed Fed Chair Janet Yellen plans to say Tuesday that:
"I expect a great deal of continuity in the FOMC's approach to monetary policy."