A majority of economists surveyed last week indicated they expect the U.S. Federal Reserve to cut lending rates at this week's policy meeting. A USA Today survey of 45 economists found 82 percent indicated a rate cut was likely, with 44 percent saying a half-point cut was likely and 38 percent indicating a quarter-point cut was likely.
The changing Latino electorate in Florida is a tricky issue for both presidential campaigns. These days it takes more than a stop in Miami's Little Havana and a quick anti-Castro speech for candidates to win the Hispanic vote. Immigration from Central and South America has made the Hispanic voting population much more varied and diluted the power of conservative Cuban exiles at the polls.
The weekly average oil prices of the Organization of Petroleum Exporting Countries (OPEC) dropped to 61.53 U.S. dollars per barrel (dpb) last week, the lowest price since the end of March 2007, the Vienna-based cartel said Monday.
High School Musical 3's director, choreographer and executive producer, Kenny Ortega, won the Emmy award for outstanding choreography for the original version of the movie in 2006, which appeared on the small screen. He was subsequently presented with an Alma Award earlier this year for Special Achievement in Directing for the sequel, which also went straight to TV. But he's particularly excited about his latest venture. With High School Musical 3, the hugely popular franchise is moving to the big screen.