Plus, a magnitude 6.4 earthquake rocks southern Taiwan and a registered sex offender pleads not guilty in the case of a missing California teenager.
The United States Federal Reserve released a report today which suggests that severe snowstorms along the east coast have slowed economic activity for the first three months of 2010.
The Beige Book Survey shows that the U.S. economy is not improving at a fast enough pace to persuade companies to hire more employees.
According to Syracuse.com, economists predict that the economy will grow at a pace of about 3 percent until the end of March.