- Newsmaker: Fed Cuts Interest Rate - In another surprise move today, the Federal Reserve cut an additional half percent off the benchmark interest rate. Margaret Popper, "Street Wise" columnist for Business Week Online explains the unusual timing of the Fed's action, and what it portends for the stock and housing market.
- Reporter's Notebook: School District Shuns Standardized Testing - The New York suburb of Scarsdale has one of the nation's best public school systems, with some of the nation's highest scores on the standardized tests that are required by law. But at a time when more standardized tests are being called for by school reformers, Scarsdale parents like Melanie Spivak, are saying "no."
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