Everybody calls Treasury bills T-bills, and they work like this: The government promises to pay holders of T-bills a specific amount on a specific day in the near future. For the T-bill I bought, the government promised to pay $1,000 on Oct. 31.
I bought the T-bill on Tuesday, before Congress had made the debt-ceiling deal, so it was unclear whether I would get paid back on time.
Starr Cookman and Kylee Moreland Fenton have been inseparable since childhood. They live on the same street. Kylee, a nurse, was present for the delivery of Starr's son, Rowan. And when Rowan came home from the hospital breathing rapidly and spitting up his food, both friends were alarmed — even when the pediatrician said he was doing fine.
In recent weeks, economists have been worrying about the negative impact of the now-ended government shutdown and potential debt crisis.
But away from Capitol Hill, the economy has been getting a big boost: Gasoline prices have been declining, week after week. In some parts of the country, a gallon of unleaded regular gasoline is now down to less than $3 a gallon — a price most Americans haven't seen in three years.
And any time the pump price starts dropping, consumer spirits start rising.
Just in time for Halloween comes a new movie version of Stephen King's horror novel Carrie. While the teenaged Carrie White is clearly at the center of the story, I think her mother is the more fascinating character.
Carrie — about a shy misfit whose coming of age collides with her mother's fearful religious fundamentalism and her schoolmates' pack-animal cruelty, with combustible results — scared the bejesus out of me when I was a teenager. Carrie turned out to be dangerous, sure. But it was her mother, Margaret White, who made my heart stop.
In flood-ravaged Colorado, much of the recovery has focused on rebuilding roads and bridges to mountain towns cut off by last month's floods. But take a drive east to the state's rolling plains, and a whole new set of staggering problems unfolds in farm country.
Living In Limbo
A woman named Claudia, who doesn't want to use her last name because of her immigration status, is sitting on a couch in the lobby of a shabby hotel in Greeley, about an hour's drive northeast of Denver.