Home prices rose a relatively languid 10.5 percent over the past year. Meanwhile, home construction is slow, and buyer demand is slack. But many economists still say the housing market remains on a path to normalcy.
Public support for Obama's health-care reform law jumped seven percentage points from late March to late April, a Christian Science Monitor/TIPP poll finds. It shows Americans now split down the middle on Obamacare.
On the surface at least, both the jobs number and the unemployment rate for April – 6.3 percent, down from 6.7 percent – show big improvement. But the headline numbers look different in a fuller context.
Citing high fix-it costs, Oregon is moving to drop its own underperforming website and to adopt the federal HealthCare.gov for enrolling residents in health insurance under Obamacare. Might other states do the same?
The IRS gave $1,000 bonuses to some 1,100 of its own workers with known tax-compliance problems, a US Treasury report finds. On top of an ongoing scandal over tax treatment of tea party groups, the report is a damaging blow to public confidence.