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Tyra and Ashton Join For Reality Something or Other

Oct. 27 2008, Published 7:07 a.m. ET

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REALITY BITES Banks, Kutcher (inset) • TV-land: The writers' strike didn't end in time to keep Tyra Banks and Ashton Kutcher from teaming up for a new reality series where the contestants (brace yourselves) compete in a beauty pageant. Apparently, there's also some kind of twist. We'll go ahead and guess that it involves giving self-esteem to geeks and/or lame pranks.

Inflationary tales: Federal Reserve ChairmanBen Bernanke warns lawmakers about the possibilities of inflation. Bring on the rate cuts!

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Xenu won't be pleased: A representatives for maybe-prisoner-of-Scientology Katie Holmes shoots down rumors the actress is pregnant with her second child. Cruise, you pussy.

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