The Lede: Inside the Fed's 2007 Deliberations

On Friday the Federal Reserve released the transcripts of its discussions in 2007, the year the housing market, the financial markets, and the broader economy began to unravel. Focusing on the crucial period from August to December, reporters from The Times shared their findings on what the transcripts reveal in the blog entries and tweets below.This post has been revised to reflect the following...

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The Lede Blog: An Irish Hostage Is 'Safe and Free' in Algeria, but Britons Are Told to Brace for Bad News

An Arabic-language video report from Al Jazeera showing the gas facility in Algeria where dozens of workers were taken hostage by Islamist militants.Following a military raid on a gas facility in Algeria, where a heavily armed group of Islamist militants took dozens of workers hostage, the Irish government confirmed on Thursday that a man from Belfast who had been part of the group taken captive was...

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Intel’s revenue forecast short of expectations

SAN FRANCISCO (Reuters) – Intel Corp forecast current-quarter revenue that was slightly below expectations as the personal computer industry grapples with falling sales and a shift toward tablets and smartphones.PC makers are struggling to stop a decline in sales as consumers hold off on buying new laptops in favor of spending on more nimble mobile gadgets.Microsoft Corp‘s long-awaited launch of Windows...

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Manti Te'o girlfriend's death apparently a hoax

SOUTH BEND, Ind. (AP) — Not long before Notre Dame played Michigan State last fall, word spread that Fighting Irish linebacker Manti Te'o had lost his grandmother and girlfriend within hours of each other.Te'o never missed a practice and made a season-high 12 tackles, two pass breakups and a fumble recovery in a 20-3 victory against the Spartans. His inspired play became a stirring story line for...

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Life, Interrupted: Brotherly Love

Life, InterruptedSuleika Jaouad writes about her experiences as a young adult with cancer.There are a lot of things about having cancer in your 20s that feel absurd. One of those instances was when I found myself calling my brother Adam on Skype while he was studying abroad in Argentina to tell him that I had just been diagnosed with leukemia and that — no pressure — he was my only hope for a cure.Today,...

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DealBook: Rio Tinto to Book $14 Billion Charge; C.E.O. Replaced

5:42 a.m. | Updated LONDON — Two expensive acquisitions have come at a steep price for Rio Tinto, the Anglo-Australian mining giant.The company, the world’s second-largest mining company after BHP Billiton, said on Thursday that it was taking a $14 billion write-down on the value of aluminum and coal mining assets — a huge amount that came as a surprise to some analysts and investors.As a result,...

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IHT Special: Women Appointed to Saudi Council for First Time

DUBAI — For the first time in Saudi Arabia’s history, women have been appointed to the Shura Council, the traditionally all-male body which drafts laws, debates major issues and provides advice to the king. It may seem a modest step. There are still no female ministers in the cabinet and women will remain segregated within the council, with their own seating area and a separate door....

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RIM says users line up to try new BlackBerry 10 platform

TORONTO (Reuters) – BlackBerry maker Research in Motion is helping customers prepare to switch to its soon-to-be-launched BlackBerry 10 smartphones that it hopes will help it reclaim market share from rivals such as Apple Inc.RIM is betting that the new range of touch-screen and keyboard devices, set for a January 30 launch, will revive its fortunes.The company was “very enthused by the engagement...

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Eagles get their man, hire Oregon's Chip Kelly

PHILADELPHIA (AP) — In the end, Chip Kelly chose the NFL, giving the Eagles their guy.Philadelphia hired Kelly on Wednesday, just 10 days after he decided to stay at Oregon. The 49-year-old Kelly, known as an offensive innovator, becomes the 21st coach in team history and replaces Andy Reid, who was fired on Dec. 31 after a 4-12 season.He'll be introduced at a news conference Thursday at 1:30 p.m....

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Study Confirms Benefits of Flu Vaccine for Pregnant Women

While everyone is being urged to get the flu vaccine as soon as possible, some pregnant women avoid it in the belief that it may harm their babies. A large new study confirms that they should be much more afraid of the flu than the vaccine. Norwegian researchers studied fetal death among 113,331 women pregnant during the H1N1 flu pandemic of 2009-2010. Some 54,065 women were unvaccinated,...

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