In Lead, S.D., a steel cage drops almost a mile below ground into the Sanford Underground Laboratory. It's formerly the deepest underground gold mine in North America, and when it closed a decade ago, state officials hoped that an underground science laboratory along with on-site university classes could spur economic development.
American swimmer Nathan Adrian's name hasn't been on everyone's mind, the way that Michael Phelps' or Ryan Lochte's has. But he did something that even Lochte couldn't do this week: beat Yannick Agnel in a head-to-head race.
Adrian's time of 47.52 seconds in the men's 100-meter freestyle gave him his first individual gold medal, as he also beat James Magnussen of Australia, who came in second, and Brent Hayden of Canada.
While it does indeed appear that "economic activity decelerated somewhat over the first half of this year," the Federal Reserve also said in its policy statement this afternoon that it is not — as of yet — taking any news steps to give the economy a boost.
Scientists reported new evidence Wednesday that supports a provocative theory about cancer.
Three separate teams of scientists said they had, for the first time, shown that so-called cancer stem cells can be found naturally in brain tumors and early forms of skin and colon cancer.
Evidence has been mounting in recent years for the existence of these cells, which would be especially insidious. They are believed to resist standard chemotherapy and radiation and fuel the growth of tumors and relapses.
As the presumptive presidential nominee, former Massachusetts Gov. Mitt Romney is currently the face of the Republican Party. But, as journalist Ryan Lizza suggests in his article in this week's New Yorker, the party's agenda and ideology are being driven by a very different figure: Rep. Paul Ryan of Wisconsin.
Decorated fencer Mariel Zagunis, who carried the U.S. flag into Olympic Stadium as part of the London 2012 opening ceremony, lost in the bronze medal match in the sabre Wednesday afternoon, falling to Olga Kharlan of Ukraine, 15-10.
The loss means that Zagunis, 27, will leave London without a medal — there is no team sabre medal at this year's Olympics (we'll post more about that situation soon).
Originally published on Wed August 8, 2012 11:58 am
This month we are collecting your stories about the good things Americans are doing to make their community a better place. Some of your contributions will become blog posts and the project will end with a story that weaves together submissions to make a story of Americans by Americans for Americans.
That rather ominous sounding pronouncement comes from Joseph Saluzzi, co-head of equity trading at Themis Trading LLC in Chatham, N.J., in a Bloomberg News report about what happened early this morning on Wall Street.
For the first time ever, the United States Postal Service has defaulted on a payment to the Treasury.
The USPS warned of a default in a statement on Monday. It it would not make the $5.5 billion payment due today and that it would also default on a $5.6 billion payment due Sept. 30. Both of those payments are federally mandated and go toward prefunding retiree health benefits.