"I want to read more about economics news. What do you suggest?" -Zheng
There are many excellent resources on the web. For detailed economic discussion of the business cycle, for example (something that we will cover in class later in the year), Econbrower is excellent- although it does focus almost entirely on the US economy. For more general reading, check the Freakonomics blog or the Undercover Economist. For slightly more eclectic discussion of all things economics, see Marginal Revolution. There's also the Economist website where you can read the latest edition of this excellent publication for free. And if you have any more time to spare after all that, don't tell me, or I'll assign more homework! :-)
If you do come across relevant stories that you think other blog readers would be interested in seeing, please send me the link, and I'll post them here as well.