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The Two-Way
6:16 pm
Wed September 18, 2013

New Zealand Sails Within One Race Of The America's Cup

Emirates Team New Zealand and Oracle Team USA in action during Race 11 of the America's Cup finals on Wednesday in San Francisco.
Justin Sullivan Getty Images

Originally published on Wed September 18, 2013 6:59 pm

Emirates Team New Zealand is within a single race of snatching the America's Cup from defenders Oracle Team USA, as the two giant catamarans square off in the waters off San Francisco for a 12th time.

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Economy
6:12 pm
Wed September 18, 2013

The Fed's Surprising Decision: Should You Cheer Or Boo?

Federal Reserve Chairman Ben Bernanke arrives to speak at a news conference Wednesday in Washington, D.C. The Fed cut its economic growth forecasts and said it would keep buying bonds in a bid to keep interest rates down.
Mark Wilson Getty Images

If you are trying to buy a home, you just got good news: The Federal Reserve said Wednesday it is not going to try to drive up long-term interest rates just yet.

Stock investors are happy for you. They like cheap mortgages too because a robust housing market creates jobs. To celebrate, they bought more shares, sending the Dow Jones industrial average up 147.21 to an all-time high of 15,676.94.

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The Two-Way
5:35 pm
Wed September 18, 2013

Blame Miley Cyrus: University Removes Wrecking Ball Sculpture

A college student copies Miley Cyrus.
Twitter

Eighteen years after it was placed there, a wrecking ball sculpture that has sat on the campus of Grand Valley State University in Allendale, Mich., has been removed and put into storage.

And you can blame Miley Cyrus.

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Latin America
5:32 pm
Wed September 18, 2013

Brazil's Traffic Is A Circus, So Send In The Clowns

The Brazilian city of Olinda has a novel approach to taming its ever-growing traffic problem: traffic clowns known as palhacos.
Andrea Hsu NPR

Originally published on Wed September 18, 2013 8:01 pm

On a busy avenue in Olinda, in northeastern Brazil, two men in wigs, big red noses and full clown makeup are squeaking horns and making a good-natured ruckus.

"Where's your helmet?" shouts one as a motorcyclist whizzes by. "Fasten your seat belt!" calls out the other.

Uncle Honk and Fom Fom are traffic clowns, or palhacos, hired by the city to make the roads a bit safer. They lean into traffic, making exaggerated gestures, like the sweep of the arm to mimic fastening a seat belt, and a mimed reminder to never drink and drive.

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The Two-Way
5:31 pm
Wed September 18, 2013

On Budget Issues, Pentagon's Rhetoric Is Challenged

Originally published on Wed September 18, 2013 6:06 pm

The budget battles in Washington have inspired the need for some verbal gymnastics that have challenged even the most adept doublespeakers at the Pentagon. As one member of the House pointed out today, some Pentagonians have insisted that Congress cannot cut a single additional dollar from defense, without endangering the national defense strategy.

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