Problem: The Federal Reserve still has some way to go to restore official US interest rates to more normal levels, Philadelphia Fed President Anthony Santomero said on Monday.

What is a good title for this?

Title: Fed #39;s Santomero Says Rate Rises Have a Way to Go


Problem: Ruud van Nistelrooy has apologised to Arsenal #39;s Ashley Cole for his Old Trafford horror tackle on Sunday after confirming he will not contest an FA charge of serious foul play.

What is a good title for this?

Title: Ruud pleads guilty to FA charge


Problem: Manager Arsene Wenger has extended his contract at Arsenal until May 2008, the English champions said on Wednesday. Wenger, 55, arrived at Highbury in 1996 and has led the London 

What is a good title for this?

Title: Wenger extends Arsenal contract until 2008


Problem: Spending on research will more than double this year, with a growing amount coming from the private sector.

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Title:

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
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Nanotech funding to grow to \$8.6 billion