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There's a lot going wrong and not much in the way of positive news to look forward to, say David Wessel of The Wall Street Journal and Zanny Minton Beddoes of The Economist.

On Friday, Regis Philbin will step down from his hosting duties on the talk show Live with Regis and Kelly. But that doesn't mean he's retiring. In his new memoir, How I Got This Way, Philbin chronicles the twists and turns of his career and explains where he plans to go next.

The retired NASA astronaut, who has written the new book Gabby: A Story Of Courage and Hope, goes into detail about his wife Rep. Gabrielle Giffords' recovery since she was shot in the head on Jan. 8. His constant refrain is that she's "improving all of the time."

There's a story unfolding in Charleston, S.C., that sounds depressingly similar to the scandal that has rocked Penn State University. School officials had been warned about a man who has since been accused of molesting boys.

Occupy Wall Street and reports on the nation's growing income gap have helped rally the political left, argues Matthew Continetti of The Weekly Standard. It is not the government's responsibility to redress wealth disparities, he says, and the GOP must do a better job of communicating that message.

After weeks of game postponements, the NBA league made a final offer to players — and the players rejected it. Canceling games affects players and fans, but it can also be devastating for the many businesses that revolve around the industry.

Nearly a dozen official parties with ties to Islamist groups have sprung up in Egypt since the summer, and they are expected to do well in this month's parliamentary elections. Even so, observers say Egypt is likely to remain a moderate state.

Occupy Wall Street protesters were evicted in a predawn raid by New York City Police, and the encampment in Zuccotti Park was dismantled.

For British economist Sir John Maynard Keynes, consumption — economic or otherwise — was what made the world go 'round. His ideas about how to nurture national economies, and when to intervene, are still being debated, 65 years after his death.

They want lawmakers to narrow loopholes in the background check system for people who buy firearms. Supporters of the legislation say that might have made a difference last January, when a gunman in Tucson, Ariz., killed six people and wounded 13 others, including Rep. Gabrielle Giffords.