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NASSAU, Bahamas (AP) -- The U.S. Coast Guard has located a life ring from a cargo ship that lost power and communications during Hurricane Joaquin and is now the subject of an intense search in the southeastern Bahamas. Coast Guard Chief Petty Officer Ryan Doss says the life ring was 120 miles northeast of Crooked Island. That's about 70 miles northeast of the last known position of the El Faro before it lost contact with authorities with 33 people on board. Doss says the crew of a C-130 airplane spotted the life ring Saturday and a helicopter crew confirmed it...

MIAMI - Coast Guard search and rescue crews are searching for a container ship with 33 crew members that sailed out of Jacksonville and was reported to be caught in Hurricane Joaquin, near Crooked Island, Bahamas. The El Faro, a 735-foot ro-ro cargo ship, was en route to San Juan, Puerto Rico, from Jacksonville. About 7:30 a.m. Thursday, watchstanders at the Coast Guard Atlantic Area command center in Portsmouth, Virginia, received an Inmarsat satellite notification stating the El Faro was beset by Hurricane Joaquin, had lost propulsion and had a 15-degree list. The crew reported the ship had previously taken...

Coast Guard search and rescue crews are searching for a container ship with 33 crew members that sailed out of Jacksonville and was reported to be caught in Hurricane Joaquin, near Crooked Island, Bahamas. The El Faro, a 735-foot ro-ro cargo ship, sailed out of Jacksonville Tuesday en route to San Juan, Puerto Rico. Tim Nolan, president of TOTE Maritime Puerto Rico, said that when the ship sailed, the crew was monitoring what was then Tropical Storm Joaquin. He said TOTE lost all communication with the El Faro as of 7:20 a.m. Thursday. "There are a number of possible reasons...

Democrats have lambasted Republicans for years for believing in "Voodoo economics." Well, the evidence is mounting that economic superstition is alive and well in the nation's political circles, though it has nothing to do with a fondness for tax cuts. It's instead the crazy belief that the government can spend its way to prosperity for the rest of us. Underscoring this conclusion, the Ways and Means Committee in the new GOP-majority House released a report titled "It's Official: On Unemployment and Jobs, Democrats' 2009 Stimulus Was a Huge Failure." The Ways and Means report provides a number of striking reminders...