In 2008, then president of the New York Federal Reserve Timothy Geithner noticed something might be wrong with Libor. So he took the strongest possible action he could think of: He sent a memo.
When Sally Ride took off for the stars in 1983, everyone thought we were entering the Age of the Female Scientist, but 25 years after her first mission women comprised only 20 percent of computer science, engineering, and physics students in Bachelor's programs.
The Supreme Court decision on the Affordable Care Act seems like a win for the uninsured, but according to the Congressional Budget Office, over three million people could wind up uninsured because of the ruling.
Remember the huge groundswell for Ron Paul in Iowa? Well, those voters are still out there, and they’re up for grabs. A recent poll has Obama leading, but by less than he was a few months ago.
It’s been two days since a bomb ripped through a high-level meeting that killed Bashar Al-Assad’s defense minister and brother-in-law. And the capital of Damascus is seeing its worst violence yet. Some are saying Damascus is looking more likely than ever to fall, and that it could happen sooner than anyone thought possible. Borzou Daragahi, Middle East correspondent for the Financial Times, has been observing the situation from Beirut.
The story of total Congressional gridlock over tax policy is nothing new. But as the urgency of the "fiscal cliff" is looming, the Democrats may change their current approach to passing tax legislation.
Budget policy is at stake during Congress' current tax-cut showdown, but the situation is a role reversal from last summer, with Democrats are taking a hard-line stance on taxes. Representative Chris Van Hollen, a ranking Democratic member of the House Budget Committee, explains the situation on the floor.
A bomb blast kills government officials, including the brother-in-law of the President. Was it a terrorist attack, or a wartime victory? The answer probably depends on where you live and who you’re rooting for.
Cable subscribers are paying for the shows they watch — and many they don't watch, too. 'À la carte' pricing could change all that.
On his third day in office, President Obama signed an executive order to close Guantanamo Bay’s detention camp, but "Gitmo" remains open. So what happened?
It's a slam-dunk in the House, but it's destined to die in the Senate. Would Republicans be wise to back off the healthcare debate?
In 2008 tuberculosis broke out in Florida. What's strangest isn't what happened before the outbreak. It's what happened after. Which is to say, nothing.
In late 2004, Yasser Arafat had a flu, according to his spokesman. Seventeen days later, he was dead. Conspiracy theories have abounded since then. While doctors insist a severe hemorrhage led to his deadly stroke, others are convinced he was assassinated — by Israel's Mossad, by Palestinian extremists, or even by his own party.
Filmmaker Jeremiah McDonald of Portland, Maine, is the creator of the latest viral sensation where he sits down for a conversation with his 12-year-old self. What would you say to your 12-year-old self?
Everyone who’s tax cuts are being extended next year, take a step forward. Not so fast, upper class! President Obama has big plans for the tax code. But is this a political gambit that will pay off?
While athletes from around the world gear up for the summer Olympics, competitors of another sort have been polishing their moves for the national Skee-Ball championship. This weekend in Brooklyn, 64 of the country’s best skee-ball rollers face off at the Brewskee-Ball National Championship, a weekend-long festival of beer, bands, foods and skeeball. Eric Pavony, Skee-E-O and founder of Brewskee-Ball, the first ever national Skee-Ball League explains what the competition will entail.
China is having a difficult time keeping critical and controversial comments about the Chinese Communist party from circulating on the Internet. This time the source of the problem is the people of China trying to understand what's going on in their own government in the midst of the biggest political scandal in decades. Jonathan Fenby is a contributor to New York Times and author on Chinese economics.
Whether or not it was fair for Hilary Rosen to blast Ann Romney’s career, it’s clear that the Romney campaign isn’t taking the issue lightly. Ann Romney went on Fox News yesterday to defend herself — and she quickly pivoted from defense to offense with a plug for her husband and his family values. New York Times reporter Jodi Kantor has written about Ann Romney on the campaign trail in the past, and she weighs in now on the image the candidate's wife is shaping for the next phase of the campaign.
Yesterday the U.S. Department of Justice sued Apple and five major publishers on antitrust grounds, alleging they fixed prices of e-books throughout 2010. According to the Department, consumers may have been paying as much as $5 too much for e-books. Three of the publishers have settled. Joe Nocera is an Op-Ed Columnist at the New York Times, and joins us to talk about how book pricing works, and what yesterday's legal actions mean for the future pricing of e-books.
The Grand Parade at City Hall, the venue at which Nelson Mandela gave his first public address the day he was released in 1990, played host to a different kind of party Thursday night, as thousands of fans joined in FIFA's kick-off celebration in Cape Town.