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Turn on the news on any given day, and you're likely to hear about the Dow Jones industrial average. It is the most frequently checked, and cited, proxy of U.S. economic health. But a lot of people — maybe most — don't even know what it is. It's just the stock prices of 30 big companies, summed up and roughly averaged. That's it.

And what does the daily movement of this number have to do with the lives of most Americans? Not much.

A federal Inspector General's office confirmed Wednesday it is looking into Freddie Mac investments that act as bets against homeowners being able to refinance.

In addition, U.S. senators are expected to probe Freddie Mac's investment practices at a hearing on Capitol Hill on Thursday.

Freddie Mac, based in northern Virginia, is the taxpayer-owned mortgage giant whose public mission is to make homeownership more affordable for Americans.

American lawmakers are furious about a mounting diplomatic crisis in Egypt, where dozens of nongovernmental workers, including 19 Americans, could face trial.

The United States says Egypt needs to let pro-democracy groups continue their work to help the country's transition, but Egypt accuses them of operating illegally.

The work of democracy promotion groups has raised suspicions in many countries, but Lorne Craner, who runs the International Republican Institute, says he has never seen anything like what's going on now in Egypt.

Labor unions plan to rally in front of the Arizona State Capitol on Thursday afternoon to protest four bills quickly moving through the state Legislature that could make last year's Wisconsin labor laws look modest by comparison.

Three of the four bills restrict the way unions collect dues and the way workers get paid for union activities. The fourth bans collective bargaining between governments and government workers: state and local. Unlike Wisconsin, it affects all government employees, including police and firefighters.

Stroll along a street in downtown Shanghai for very long, and you're likely to run into someone wearing Converse Chuck Taylor All Stars. One recent afternoon, Xu Jing was heading back from lunch to her job at an ad company in a pair of raspberry-colored Chuck Taylors.

"They have a young image, upbeat and outdoorsy, sporty," said Xu, 27, explaining the appeal. "Young people with an artistic sense prefer Converse."

Xu was accompanied by Chen Xiaolei, a co-worker who owns three pairs of Chuck Taylor high-tops.

Tai chi, the Chinese martial art involving slow and rhythmic movement, has been shown to benefit older people by maintaining balance and strength. Now, researchers have found that tai chi also helps patients who suffer from Parkinson's disease.

Leona Maricle was diagnosed with Parkinson's two years ago. At the time, she was teaching math, and she says she had experienced the telltale tremors of Parkinson's for a number of years. She learned how to cope.

As some superPACS throw millions of dollars into the Republican primaries, others, such as American Crossroads, are quietly preparing for the day after the primaries end.

In a surprise twist for one of the world's premiere national soccer teams, Fabio Capello resigned as England coach, today.

The resignation followed an hour-long meeting with top Football Association officials. The association made the news official in a press release posted on its website. The statement read in part:

"The discussions focused on The FA Board's decision to remove the England team captaincy from John Terry, and Fabio Capello's response through an Italian broadcast interview.

You didn't have to look hard to see this one coming.

Catholics and GOP candidates have attacked the Obama administration's plans to require most employers — including religious hospitals and schools — to provide coverage of prescription contraceptives. Now the debate is moving to Capitol Hill.

A server offers you the option to downsize the fried rice side in your Chinese takeout order by half. She tells you that if you accept her offer, you'll save at least 200 calories.

Do you take it?

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