MID-DAY UPDATE: The Federal Reserve will announce…

… something. What is “quantitative easing“?

• Google and Verizon reached… something. What is “net neutrality“?

• Police raid Google’s Seoul office on data concerns

• Saudi Arabia says RIM is cooperating, so for now you can keep Blackberry texting

• House Democrats are in emergency session for the aid-to-states vote.

• Bank of Japan decided to leave ITS interest rates at .1% — we’ll hear from the Federal Reserve today.

• NYC community gardens threatened by commercial development

• U.K. offering bounty to uncover welfare fraud

• Is Tiger Woods losing his mojo? And sponsors?