With the Dow Jones industrial average and other market indexes around 20 percent below their recent peaks, the very definition of a "bear market," there's understandably a fair amount of concern among investors and everyone else who watches the economic indicators.
Apple Inc. has unveiled the company's updated version of the iPhone 4, called the iPhone 4S. The phone, which will be launched on Oct. 14, is very similar to the iPhone 4's styling. But it features all-new hardware inside, according to Apple.
With an improved battery and software, the phone allows six hours of browsing on a 3G network, and nine hours of Wi-Fi browsing, according to Apple. And the phone also has an 8 megapixel camera with an improved sensor. The camera will reportedly allow for HD video recording in 1080p resolution, with image stabilization.
Last year Americans hit the road 112 million times after drinking too much.
That statistic, just released by the Centers for Disease Control and Prevention, is nothing to be proud about. But it's worth noting that the number of alcohol-impaired driving episodes has declined 30 percent since peaking at 161 million in 2006.
Some 4 million adults in the U.S. drove while impaired by alcohol last year, the CDC estimates. That works out to about 479 episodes for every 1,000 adults.
Nearly 18 months after a disastrous oil spill killed wildlife and endangered the futures of fishermen and resort businesses along the Gulf of Mexico, the federal government announces it will regulate not only the operators of offshore oil rigs, but the contractors who own and work on them, as well.
The shift in enforcement is one of several changes announced in the past 24 hours, as federal regulators seek to ensure the Gulf spill catastrophe does not recur.