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Unrest across the Middle East is pushing high oil prices higher, and that's having a cascade effect that feels a lot like inflation as these higher prices bubble through the economy. Still, that's not enough reason for the Fed to battle inflation by starting to raise rates.

The number of humans bit by sharks declined in 2008 and the leading shark attack researcher blames the recession. George Burgess, director of the International Shark Attack File, says sharks bit 59 people around the world in 2008, down from 71 the year before. Sharks bit fewer people not because...