EGBOK

Good news this morning on the economy. Despite a recent spike in the nation's unemployment rate and skyrocketing gas prices, the danger that the economy has fallen into a "substantial downturn" appears to have waned - that's according to the man himself, Federal Reserve Chairman Ben Bernanke. The Fed chief said other forces should "provide some offset to the headwinds that still face the economy."

**Tech geeks of the world, rejoice!**And let the hype begin! The new iphone is coming out, and it's only $200. (Well, "only" - that's relative.) Mike Gikas, the Associate Editor for Electronics with Consumer Reports, says this new version of the iphone has some of the bells and whistles the first iphone lacked. There will be a question, though, as to whether AT&T will let existing iphone users out of their contracts to get the new phone. Want to know more? [**Click here**](http://real.ksl.com/video/slc/2/239/23980.mp3) to hear Mike on with Grant and Amanda this morning.

**History will vindicate him**First lady Laura Bush acknowledged President Bush's unpopularity but said Monday that history will vindicate her husband's two-term presidency. In an interview on ABC's Good Morning America, Laura Bush noted the ousting of the Taliban in Afghanistan and Saddam Hussein in Iraq. "I know he may not be that popular right now, but we've liberated two countries — 50 million people have been liberated from very brutal regimes — and I think that's really important," she said.

She said the president has stood on the side of emerging democracies in central Europe.

He's going to have a really unbelievably great legacy, with the advantage of hindsight, she said.