The Federal Reserve — the nation's central bank — will end its two-day meeting on Wednesday by offering its assessment of the economy, and then declaring its latest plan for making things better.
Investors all over the world will be waiting to hear just how weak — or not — the Fed thinks the U.S. economy is. And they will be watching to see whether the bankers plan to continue trying to stimulate growth by extending two controversial programs, one known as Operation Twist, and the other as quantitative easing.
Mitt Romney has wrapped up his most extensive campaign trip since becoming the all-but-official Republican nominee for president. Over the past five days, he visited six potential battleground states, touring each by bus. Along the way, he honed his attacks on President Obama, while also trying to show voters a more relaxed Mitt Romney than they've seen so far.
The tour, called Every Town Counts, stayed mostly in counties friendly to Republicans, ending with three stops in Michigan yesterday, the state where Romney was born.
And our last word in business is: supersized couch potato.
This week, Japanese electronics maker Sharp unveiled what it's calling the biggest LED TV on the planet. The 90-inch set has WiFi built in and you can buy it with a webcam option. You could, say, Skype with 50 people at once and see all their faces.
LINDA WERTHEIMER, HOST:
Of course, you would need a lot of wall space and a fat wallet. It cost $11,000.
That's the business news on MORNING EDITION. I'm Linda Wertheimer.
Leaders of the world's biggest economies wrapped up the G-20 summit in Mexico Tuesday with a promise to work together to promote jobs. The meeting comes amid worrisome signs of slowing growth in the United States and elsewhere.
The State Department on Tuesday cited abuses in Thailand's huge fishing industry as part of an annual worldwide report on Trafficking in Persons. The report noted that men from Cambodia and Myanmar, also known as Burma, are trafficked aboard Thai ships and forced to work against their will. They include men like Vannak Prum, a Cambodian who spent three years on such a boat. Prum was among those honored at the State Department on Tuesday.
There hasn't been a school strike in Chicago for 25 years. But the current contract between Chicago teachers and the Chicago Public Schools expires at the end of next week, and tensions between the teachers union, the school district and Mayor Rahm Emanuel are ratcheting higher.
Chicago Teachers Union members outmaneuvered the mayor, school officials and anti-union education groups by overwhelmingly approving a measure that allows teachers to strike if contract negotiations fall flat.
Among the dozens of athletes hoping to leap, throw or run their way to London as part of the U.S. track and field team is 24-year-old runner Shannon Leinert.
Leinert, who will compete in the 800-meter dash, has dreamed of the Olympics since she was 10 and winning races in St. Louis, her hometown. If that weren't enough, she's also working on a doctoral degree in special education.