Ever since the 2008 financial crisis, we've heard story after story about bad behavior in the financial industry. In the most recent, bankers at Barclays were found to have rigged Libor, the London-based lending rate that is used throughout the world. The scandal led to the resignation of the former CEO of Barclays, Bob Diamond.
A new report found that Countrywide gave politicians and businessmen special, low-rate loans because Countrywide wanted preferential treatment. And Rep. Darrell Issa, chair of the committee that issued the report, says Countrywide got the preferential treatment they sought.
Oscar Pistorius had both of his legs amputated when he was 11 months old but he has never allowed his disability to limit his achievements. Now, for the first time ever, a Paralympic amputee will compete in track and field races during the summer Olympics.
Earlier this week, a top Romney advisor told MSNBC that his candidate still did not think of the Affordable Care Act's individual mandate penalty as a tax. Yesterday, Romney said during an interview with CBS News that he must accept the court's ruling that it is a tax. Why did the Romney campaign change their tune?
The Higgs Boson has eluded scientists for centuries. Modern physicists believe that the discovery of the Higgs Boson could possibly be the most important molecular discovery of our time, and we may have found it.
Here in the United States, July 4 means fireworks, parades and barbeque. But this date means something very different in other parts of the world. In Rwanda, July 4 is Liberation Day, a holiday created to commemorate the end of the 1994 genocide.
Yesterday, CNN's Anderson Cooper came out in an interview to Andrew Sullivan at The Daily Beast. He says he still wants some semblance of personal space, but that he is happy and unashamed of being gay.
A recent spat of severe storms and a daunting heat wave have rolled through the mid-Atlantic region, leaving roughly two million people without power and no hope of getting restored until the end of the week. The North American power grid system has been called the greatest scientific achievement of the 20th century, but is at risk of becoming an antique unless upgrades are made.
The American government has been trying to shut down Iran’s nuclear program for three and a half years. They’ve used diplomacy, sanctions, cyber warfare, and, yesterday, the Obama administration and its allies put in place the strictest and furthest reaching sanctions yet.
Exactly 75 years ago today, Amelia Earhart disappeared during her historic attempt to circle the globe. Now investigators have evidence that suggests Earhart and her navigator Frederick Noonan were marooned castaways on a deserted island after their plane crashed.
The political guessing game will finally end just hours from now when the Supreme Court announces its ruling on President Obama's health care bill, the Affordable Care Act. Hospitals across the country are already adapting to a growing number of uninsured Americans, but after today's announcement the entire industry of medical services could change in a very substantial way.
Stockton, California is facing a $26 million budget shortfall and hasn’t been able to square its debts through state-required mediation. Now the city of 290,000 will swallow its pride and apply for Chapter 9 bankruptcy.
While Washington is abuzz awaiting the Supreme Court's decision on the Affordable Care Act, lots of other news is taking place inside the Beltway. A deal to lower student loan debts inches its way to passage and the Keystone Pipeline might come back on the table.
Many Americans cannot afford health insurance, and they have been flocking to hospital emergency rooms across the country, one of our society’s remaining “safety nets” for the poor and uninsured. As we anticipate tomorrow’s Supreme Court ruling on President Obama’s universal health care law, those people are waiting on much more than a hospital visit.
Grunts from professional tennis players — which for many years has been a hot issue, especially among long-time tennis fans who say it’s too barbarous for the sport — could soon be a thing of the past.
The Supreme Court has finally come down with a verdict on SB 1070, the controversial immigration law that thrust Arizona into the national discussion on immigration and civil rights two years ago.
Crowds erupted in this weekend when officials announced that Muslim Brotherhood candidate Mohamed Morsi won Egypt’s first democratic presidential election. A power struggle with the still powerful military is likely to come, so how much does the election truly mean?
Brain drain is a common curse. To combat it, cities across America are offering to pay some or all of graduates student loans if they live and work in that city. Some are even offering tax breaks to retain an educated workforce.
For as long as we can remember, America has been leading the charge against global warming. But at yesterday's Rio+20 Earth Summit, the President was conspicuously absent. And with the world economy taking up all the front pages, global warming has taken a back seat.
The conflict in Syria is escalating so rapidly and involving such sectarian violence that one U.N. peacekeeper has called it a "civil war." What does identifying the conflict as a "civil war" mean going forward?