Wednesday, April 30, 2008 Last Update: 2:26 PM ET

Fed Cuts Rate by a Quarter Point, to 2%

The Federal Reserve reduced short-term interest rates for the seventh time in seven months, the latest in a series of measures to stabilize financial markets.

Slight Economic Growth; Consumer Spending Weakens

Economic growth expanded only modestly in the first three months of the year, reflected the increasingly thrifty inclinations of American consumers.

After Break With Ex-Pastor, Obama Tries to Move On

Senator Barack Obama sought on Wednesday to steer the conversation in the presidential campaign back to the economy.

More Politics
To Save a Species, Serve It for Dinner
Jeannette Beranger/American Livestock Breeds Conservancy
To Save a Species, Serve It for Dinner

A new book describes an effort to bring foods back from the brink by engaging farmers, breeders and chefs to grow and use them. Above, the Tennessee fainting goat.

China Investigates Forced Child Labor

Authorities said they had “rescued” more than 100 children from factories in a manufacturing center known for exporting toys, textiles and electronics.

Federal Contracting Chief Is Forced Out

Lurita A. Doan had been accused of improperly mixing government business with politics as head of the G.S.A.


 

Travel »

36 Hours in Naples, Italy

36 Hours in Naples, ItalyThe city might be knee-high in trash, but there’s beauty in the chaos.

The Earthen Homes of Yongding County

The Earthen Homes of Yongding CountyCommunal homes in China’s mountains lure a trickle of tourists.

My Portfolios »

In Poland, Converting a Palace to a Home
Palace in Poland

When Kehrt Reyher and his Polish wife, Marzenna, saw a desolate 18th century palace in southern Poland, they fell in love with its classical design.

Wheels
Mini's Instant Collectible
Mini’s Instant Collectible

A special edition of the Mini Cooper S from 2006 may be holding its value for owners.

Submit photos and view and comment on other readers’ cars. Also, view and submit events to the Automotive Events Calendar.

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NYtimes.com / Monster

The Boss
Tea and Sympathy

Teachable MomentsIn business, you learn at a faster rate than in academia.

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