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David Carr, who writes the Media Equation column for The New York Times, says that despite cuts, the future of journalism has never looked brighter. "I look at my backpack that is sitting here and it contains more journalistic firepower than the entire newsroom that I walked into 30-40 years ago," he says.

Medicaid, the health program funded jointly by the feds and the states, was devised to cover the poor. But if a provision in last year's federal health law isn't changed, even people with pretty healthy incomes could qualify for Medicaid.

It's been confirmed that Brandon Mroz of the U.S. did something no one else ever had in competition — four complete revolutions, and a one-foot landing, on a Lutz jump.

Consumer confidence is at its lowest level since the height of the recession, even though several recent figures offer a modicum of hope. The numerous hits to the economy have caused consumers to basically shut down, one economist says.

A strong Yen and disappointing sales of its 3DS system will lead to the company's first yearly loss.

It's been raining heavily for months in Bangkok, and the river that runs through the city is spilling over its banks. The government has declared a five-day holiday and urged residents to leave the sprawling city.

The choice reveals that the royal family is aging and not in a hurry to hand over power to a new generation.

Crop insurance has become a critical safety net for farmers subject to fickle weather that can ruin crops. And though politicians are looking to make some big cuts to farm programs in the upcoming 2012 farm bill, farmers are clinging fiercely to crop insurance.

One U.S. importer of Greek foods sees his business buffeted by the Eurozone's problems: Orders are delayed because of strikes in the port, and suppliers will change their contract terms. But the worst is when things don't show up at all. "I get mad because I depend on those products," he says.

The U.S. has plenty of economic problems at home, and its international outlook is increasingly geared toward China and rapidly growing Asian nations. As a result, the U.S. has been more of a bystander than a major player in Europe's financial crisis.