The federal government has declared an additional 23 counties to be disaster areas. And the latest crop estimates indicate more than half of the corn planted this year is doing poorly. Parched lands hurt everyone from farmers and ranchers to barge operators and commodity traders.
An estimated one out of every three Japanese are signed up to play games on their cell phones, helping to grow a mobile gaming juggernaut that's currently dominated by a few Japanese startups. Now, those same startups are eyeing a new playing field — the U.S.
Fed policymakers appeared to move closer to a decision to add more stimulus to the economy. That's according to minutes released of the Federal Open Market Committee's meeting. The minutes didn't say what the Fed is likely to do next, but indicated many officials supported keeping the federal funds rate at "exceptionally low levels" at least through late 2014.
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