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The Two-Way
1:21 pm
Fri January 6, 2012

Obama Administration Will Ease Path To Legality For Some Immigrants

The Obama administration said it is proposing a change for the way some apply to become legal, permanent residents of the United States. The change would affect American citizens who are married to or have children who are in the country illegally.

The current rule mandates that in order to apply for legal status, a person must return to their country and wait there while the long process continues. The rule tweak would allow those family members to stay in the country while the application works its way through the bureaucracy.

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Economy
12:53 pm
Fri January 6, 2012

U.S. Economy: The Good, The Bad And The Ugly

When it comes to unemployment reports in an election year, it's not just the data — it's also the spin.

Friday's jobs report could be seen as good news — at 8.5 percent, it's the lowest in three years. Good news for President Obama? Not according to Republican presidential hopeful Mitt Romney, who lost no time in pointing out that the number is still above 8 percent — the figure that the president said would be the worst case under his 2009 stimulus package.

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The Two-Way
12:00 pm
Fri January 6, 2012

U.S. Navy Reports Rescuing 13 Iranians From Somali Pirates

Credit U.S. Navy photo
Thursday: The guided-missile destroyer USS Kidd responds to a distress call from the master of the Iranian-flagged fishing dhow Al Molai.
Television
11:52 am
Fri January 6, 2012

This Weekend, Some New Shows (And Old Favorites)

The New Year brings with it new TV programming, and this Sunday is an especially busy one for television. Two new series premiere, while one miniseries and several other series return.

But because it's a new year, let's start with the new shows.

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Movie Reviews
11:46 am
Fri January 6, 2012

'Extremely Loud' And Incredibly Manipulative

Some critics are indignant over Stephen Daldry's film of Jonathan Safran Foer's book Extremely Loud and Incredibly Close. They say the appropriation of 9/11 for such a sentimental work is exploitation.

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Shots - Health Blog
11:46 am
Fri January 6, 2012

Middle-Aged Brains Are Already Past Their Prime

Credit iStockphoto.com

You may want to read this twice if you're older than 45. In fact, you may have to.

That's because your mental abilities are already in decline, according to a study of 7,390 British civil servants just published in BMJ, the British Medical Journal.

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The Two-Way
11:25 am
Fri January 6, 2012

Pained By Prices At The Pump? They're Likely To Go Even Higher

This could be "the year of the gas-pocalypse" analysts tell the Los Angeles Times, "because gasoline prices are the highest ever for the start of the year, and they're on the rise, supercharged by expensive oil and changes in refinery operations."

Indeed, check out some of this reporting and analysis from GasBuddy.com:

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Crisis In The Housing Market
10:46 am
Fri January 6, 2012

Can Construction Help Build The Recovery?

Credit Spencer Platt / Getty Images
A construction worker walks on the roof of a newly built home in Westport, Conn. The construction sector, which has been battered by the depressed housing sector, added 17,000 jobs in December.

Originally published on Fri January 6, 2012 11:05 am

Of all the good news in the December unemployment report, perhaps the most encouraging sign for the 2012 labor market was the increase in construction jobs. That sector has lost more than 2 million jobs as the housing market imploded 5 years ago, but increases in construction hiring and spending could be cautious signs of a turnaround, analysts say.

Overall, employers created 200,000 jobs last month, sending the U.S. unemployment rate down to 8.5 percent, the Labor Department said Friday.

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It's All Politics
10:38 am
Fri January 6, 2012

Taking New Hampshire's Temperature, On A Frozen Lake

Reporter Liz Halloran and I have been motoring around New Hampshire the past few days, chasing candidate events and taking the political temperature of the state.

On the way to a Santorum event Thursday we spotted a small lake dotted with ice fishing shelters — the first we'd seen all week. Apparently, the ice only became thick enough in the last two weeks or so.

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Business
10:37 am
Fri January 6, 2012

Better-Than-Expected Jobs Report Lifts Markets

The Labor Department announced Friday that 200,000 jobs were created in December, and the U.S. unemployment rate fell to 8.5 percent. The new hiring came largely in transportation and warehousing. Tens of thousands of other people found jobs in retail and manufacturing.

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