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Thursday, September 8, 2011

Dead NASA satellite will soon plummet to Earth

NASA says one of its dead satellites will soon fall to Earth but there's very little chance that it will hit someone.

The space agency doesn't know when or where its 20-year-old satellite will drop. It will probably be in late September but could fall in October. And it could land anywhere south of Juneau, Alaska, and north of the tip of South America. NASA says there is only a 1 in 3,200 chance of satellite parts hitting someone.
 
 

The evolution of the 9/11 conspiracy theories

It may be 10 years since the attacks in the US on 11 September, but conspiracy theories have not faded over time, says Mike Rudin, the host of BBC's "Conspiracy Files."

Numerous official reports have been published since the Twin Towers fell, but just when a piece of evidence casts doubt on one theory, the focus then shifts to the next "unanswered question".

Here are five of the most prominent 9/11 conspiracy theories circulating in online communities.

Black teenagers defy pop culture portrayals

If you got your ideas about young black people just from the entertainment industry, you'd think they were all players and baby mamas -- and you'd be sorely mistaken.

In fact, the pregnancy rate of black teenage girls has dropped 44% over the last two decades, the teen birth rate 47%. Over that same period, both pregnancy and birth rates declined among all youth, but black youth had the largest declines.

And those black Casanovas? Also a stereotype. Young black men, as well as young black women, value relationships over sex.

These are some of the findings reported in Essence magazine. Essence, in partnership with The National Campaign to Prevent Teen and Unplanned Pregnancy, hired an independent research firm to survey 1,500 African-Americans ages 13 to 21 about their attitudes toward sex, relationships and media.

More than half of Canadians live paycheque to paycheque

Retirement will be postponed for many Canadians according to a new study that says some 40 per cent of us are living too "close to the line" to save for one's golden years. 

Lack of adequate savings will force 40 per cent of Canadians to postpone their retirement according to a study released by the Canadian Payroll Association (CPA) on Thursday. 

The study released on Thursday found that most Canadian workers, 57 per cent, continue to live from paycheque to paycheque and would be in a tight financial spot if their pay was delayed by even a week. 

Things are tightest in Atlantic Canada and Ontario, where 64 per cent and 60 per cent, respectively, live hand to mouth. 


Obama's jobs plan: Can he create enough jobs to save his own?

On Thursday evening, President Obama will command the attention of the full Congress and the nation in an address on the economy. The president aims to spur Congress into action and show voters once and for all that he has a plan to stimulate growth and spur job creation.

But with 14 months before the 2012 election, a combative Congress to work with and stubbornly high unemployment, there's skepticism as to what the president can do to create jobs - or to save his own.

Mr. Obama's plan could cost more than $400 billion. The White House hasn't officially released many specifics ahead of the president's speech, but White House Press Secretary Jay Carney on Wednesday made clear the administration expects Congress to agree to at least some of his proposals, and to get results.

For Lender, Foreclosure Has Become Dirty Word

After Annalea Mace's employer reduced her hours two years ago, Ms. Mace and her husband pared their spending, sold jewelry on eBay and cashed in savings bonds she received at age two. That still wasn't enough, so the couple went to the bank in hopes of saving their house from foreclosure.

In June, Webster Financial Corp.'s Webster Bank shrank the monthly payments on their $295,000 mortgage by 17% to $1,585, lowered the interest rate and lengthened the loan's term. "It brought tears to my and my wife's eyes," says James Mace.

Such praise is rare for the nation's mortgage companies, which have struggled to work with delinquent borrowers. The largest servicers were forced earlier this year by the U.S. government to beef up their operations. Banks and government officials continue to meet in their effort to negotiate a settlement to the state and federal investigation of questionable foreclosure practices, which is likely to result in further changes.
In contrast, Webster, a regional bank based in Waterbury, Conn., with 176 branches in four states, has been the subject of just 16 complaints about loan workouts and foreclosures since 2006, based on the Connecticut Department of Banking, which calls that "a very small number."


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