"A massive dock" that was washed away from a city on Japan's northeast coast by the devastating March 2011 tsunami landed this week on an Oregon beach. It's a warning sign that dangerous chunks of debris from that disaster are reaching the Pacific coast of the mainland U.S. much sooner than predicted, The Oregonian reports.
But in yet another mixed signal about how the economy's doing, that welcome dip is tempered by the fact that the "4-week moving average was 377,750, an increase of 1,750 from the previous week's revised average of 376,000." Economists watch that average because it offers a slightly larger look at the trend.
Following up on one of the best rallies in months on Wednesday, stock index futures are pointing to a higher start today on Wall Street, Dow Jones Newswires says.
The Associated Press says there are "hopes that Europe is preparing to take action to tackle the region's financial crisis and that the Federal Reserve will consider additional support for the U.S. economy."
American officials are "reaching the limits of our patience" with Pakistan because that nation continues to allow terrorists to use its territory "as a safety net in order to conduct ... attacks on our forces," U.S. Defense Secretary Leon Panetta said today in Kabul, Afghanistan.
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