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  • In Missouri, several communities have been ravaged by flooding. Among the hardest hit has been Waynesville. The town of about 5,000 people has been hit by rain storms — including some 7 inches on Tuesday, and another 6 inches Wednesday. Nearby rivers and creeks have overflowed.
  • The Federal Reserve will continue its program of purchasing $85 billion in securities and will leave the target interest rate for federal funds untouched to support the U.S. economy, the U.S. central bank said in a policy update issued Wednesday afternoon.
  • The space rock, which is nine times the size of a cruise ship, is dropping by Earth and it's not coming alone. Asteroid 1998 QE2 has already given scientists a surprise: It has its own moon, measured at about 2,000 feet wide.
  • After much drama, the Senate finally voted on a student loan bill that would tie the borrower's rate to the 10-year Treasury note on Wednesday. The proposal is a bipartisan compromise and similar both to a House plan and one offered by President Obama.
  • Thirty years ago, shouting, sweating traders thronged the trading pits of Chicago's exchange markets in barely controlled chaos. Today, a lot of the trading has left the pits and gone electronic, leaving Chicago's trading pits tamer places.
  • Farmers in the Southeast had accused their own food cooperative, the Dairy Farmers of America, of striking a deal that created a milk monopoly and suppressed the price paid for raw milk. In settling the case, the cooperative said it did nothing wrong.
  • The U.S. Marine Band accompanying her was pre-recorded, but after conflicting reports, there's burning debate as to whether Beyonce sang live.
  • She said the bloodshed she witnessed in Toronto had taught her to cherish every moment in life.
  • Michelle Obama spoke at the Democratic National Convention on Tuesday. On Wednesday, she made the rounds in Charlotte, N.C. talking to groups of delegates. The way to fight back, she said, was for delegates to step up their person-to-person ground game aimed at winning more votes for her husband.
  • Young voters, who played a high profile role in the 2008 presidential race, are showing a relatively tepid response to the 2012 contest. But neither campaign is giving up on the historically hard to get demographic.
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