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Number Of The Year
5:44 pm
Tue December 17, 2013

Prices Are Low, And That Could Be Bad

Superlow inflation means workers often don't see big raises and consumers may delay buying, thinking prices will drop some more.
Kevork Djansezian Reuters/Landov

Originally published on Tue December 17, 2013 8:34 pm

2.

That's the number the Federal Reserve Board's policymakers wanted to see this year. Having an annual inflation rate of 2 percent would confirm that the U.S. economy is strengthening — workers are getting raises and companies are seeing enough customer demand to mark up prices.

But the 2 percent target turned out to be too high.

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It's All Politics
5:15 pm
Tue December 17, 2013

Red State Retirement Takes Democratic House Seat Out Of Play

Utah Rep. Jim Matheson delivers a speech in October 2012. The veteran Democrat says he'll retire at the end of his seventh term.
Rick Bowmer AP

Originally published on Tue December 17, 2013 6:57 pm

Rep. Jim Matheson announced Tuesday that he will retire at the end of his term, providing Republicans with a likely House seat pickup in 2014.

With a tough re-election fight looming in his conservative Salt Lake City-area district, the Utah Democrat decided against seeking another term in the House.

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Shots - Health News
4:40 pm
Tue December 17, 2013

Why Glaxo Won't Pay Doctors To Sell Its Drugs Anymore

British pharmaceuticals giant GlaxoSmithKline is pledging to revamp its relationships with doctors.
Sang Tan AP

Doctors talking up drugs to other doctors has been quite lucrative for pharmaceutical companies — and the physicians who moonlight as their salesmen.

Drugmakers learned long ago that deputized doctors were effective pitchmen. A doctor paid by a company to give a dinner speech or to chat over lunch with colleagues can go a long way toward changing their prescribing habits.

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All Tech Considered
4:38 pm
Tue December 17, 2013

How This Bay Area Tech Boom's Different From The Last One

San Francisco's median home price hit $1 million this year.
Patrick Shyu Flickr

Originally published on Tue December 17, 2013 8:22 pm

This week, we're exploring the San Francisco Bay Area and the way income inequality is affecting the region. Check out the other pieces of the week, aggregated on this page.

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The Two-Way
4:37 pm
Tue December 17, 2013

NASA Orders Spacewalks To Fix Faulty Pump On Orbiting Station

Flight Engineer Rick Mastracchio in the International Space Station's Columbus lab last month.
NASA

Originally published on Tue December 17, 2013 7:00 pm

NASA has decided to go ahead with a series of spacewalks to fix a broken cooling system aboard the International Space Station.

The decision was made Tuesday by station managers. They said the extra-vehicular activity should take place as soon as possible to replace a coolant pump that contains a bad valve.

The Associated Press says:

"The spacewalks are taking priority over the launch of a supply ship from Virginia. The delivery had been scheduled for this week, but is now delayed until January."

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