| Seniors, senator fear confiscation of Canadian drugs is new crackdown
MIAMI -- Federal officials confiscated at least 37 packages of medicine from Canada shipped to South Florida consumers in late January, despite an October promise to stop targeting drugs imported for personal use.
A U.S. Food and Drug Administration spokeswoman said in a brief statement last week that Canadian pharmacy shipments were detained at Miami International Airport for strictly routine reasons.
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ETFs: A user's guide
There's nothing Wall Street loves more than having a new product to peddle, and exchange-traded funds (ETFs) have been one of the most popular offerings of the new century. Last year no fewer than 156 new ETFs hit the market; today, the total is about 400. The pace is set to pick up this year when the Securities and Exchange Commission streamlines the approval process. And ETF sponsors are hoping to make them available in 401(k)s, which would give them a much broader audience. .
As Spending Deadline Looms, Congress Debates Earmarks
President Bush told Congress last week that he wants to cut earmarks in half, a popular notion after the $223 million "bridge to nowhere" and other seemingly wasteful projects were tucked into the federal budget by lawmakers. And Democrats now in charge of spending on Capitol Hill say they will not allow those narrow, special-interest provisions when they introduce a resolution this week to fund the federal government for the remaining eight months of the current fiscal year. Those unprecedented ground rules complicate an urgent matter, for unless Congress can agree on a new spending plan by Feb. 15, the government will shut down. .
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