Newspapers in Big Trouble, Should Americans Care?

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The Chicago Tribune and Los Angeles Times are on facing serious financial trouble, and local newspapers are cutting back all over the country. Will the Internet replace the papers as America's major source of news? Can it perform those functions Thomas Jefferson thought central to the functioning of American democracy? Also, the Federal Reserve plans new rules to crack down on shady lending practices, and the last vestiges of Saddam Hussein’s nuclear program are now in Canada.

Photo: Justin Sullivan/Getty Images



Warren Olney