- Newsmaker: Federal Reserve Lowers Interest Rates - With the economy slowing more quickly than expected, the Federal Reserve has lowered interest rates, giving the economy a great psychological boost. David Gaffen, markets writer at TheStreet.com, talks about the immediate effect on the Dow and Nasdaq.
- Reporter's Notebook: Arafat Racing Against Clinton's Timetable - Yasser Arafat is said to have given "qualified acceptance" to Clinton's recent outline for peace, but Israel's Barak sees little chance of an immediate settlement. George Irani, currently at the Center for Global Peace at American University, cautions that it's a peace decided at the elite rather than the grass-roots level.
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