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Business for Wednesday, March 29, 2006

Interest rate hits five-year high

WASHINGTON -- The Federal Reserve on Tuesday boosted a key interest rate to the highest level in five years as new Chairman Ben Bernanke followed the Alan Greenspan inflation-fighting formula.

Gum chewing may have beneficial impacts

CHICAGO -- Here's a juicy thought to chomp on. What if the simple act of chewing gum helped you keep your weight down, reduce stress, improve focus -- or all three?

New Orleans economy still a question mark

NEW ORLEANS -- Most of Big Oil has returned to New Orleans since Hurricane Katrina, Mardi Gras got the city back in the tourism business and the skilled construction trades can't get enough workers. The city's population -- 455,000 before Katrina and almost zero after storm evacuations -- is now near 190,000 and expected to climb.

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