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Analysts expect a 0.1 percent rise when the consumer price index for January is released at 8:30 a.m. today. The CPI was up 0.5 percent in December.
Inflation in 2006 eased to the slowest pace in three years as consumers finally got some relief on energy and medical bills. In further good news, inflation-adjusted wages rose at the fastest clip in nearly a decade.
Roman Catholic priest Abbe Pierre, who devoted his life to supporting the homeless, founding the Emmaus hostel movement just after World War II, has died aged 94. He became known as Abbe Pierre during his work with the French Resistance, smuggling Jews out of occupied France. He was a very famous figure in France.
The new US space mission New Horizons will feature a journey to Jupiter. The probe will make more than 700 observations of the gas-giant and its four largest moons - Io, Europa, Ganymede, and Callisto. The observation campaign, which has already begun, will continue through to June. Targets of interest include Jupiter's turbulent, stormy atmosphere and its ring system. Not all information will be sent to Earth immediately. After the probe of Jupiter, the spacecraft will reach Pluto by 2015. During a day-long close flyby, ultraviolet emissions from Pluto's atmosphere will be measured and the
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