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The Federal Reserve cuts the federal funds rate by half a point. It's the first reduction in more than four years and it's twice as large a cut as many economists were predicting.

The Federal Reserve took a cautious path Tuesday, lowering interest rates by a quarter-point. The move may indicate that the economy is not as soft as some thought. One indicator that Fed economists look at is the demand for cardboard boxes — which seems to be holding up just fine.

According to public health officials, 1 in 10 Asian Americans is infected with hepatitis B, the leading cause of liver cancer. One-third of San Francisco's population is of Asian descent, so the city has launched an aggressive campaign to stem infections.

Fort Myers, Fla., has some of the nation's busiest foreclosure courts, which have earned a nickname: "rocket docket." Lee County courts have been hearing as many as 200 foreclosure cases each day. And judges are unapologetic about clearing the backlog.

The 2010 census count is expected to wrap up by July. Now the final door-to-door march is on to reach those who haven't been counted.

Federal Reserve Chairman Ben Bernanke said Thursday that he expects the U.S. economy to "slow noticeably" in coming months as the housing slump intensifies. Bernanke also said the economy has shown considerable resilience and should rebound next year.

On Monday, the San Diego County Grand Jury issued a report saying the costs of staying at City Hall rather than building a new civic center were exaggerated by the city and that the city can have a safe and functional city hall without spending almost 300 million.

A year ago, President Obama signed the Serve America Act, which creates volunteer opportunities and triples the size of the AmeriCorps national service program. But the money is just starting to trickle out.

Al-Qaida's arm in Yemen, known as AQAP, seems motivated beyond the usual al-Qaida grievances of U.S. soldiers in Muslim lands or America's foreign policy. For AQAP, it's more personal, analysts say, in part because many of its operatives are former Guantanamo detainees.

The Treasury secretary told the House Financial Services Committee that ripple effects from the 2008 collapse of Lehman Brothers demonstrate the problems with a lack of regulation of big firms.