Tens of millions of dollars are pouring into Wisconsin, where voters will decide Tuesday whether to recall six Republican state senators for their role in the union battles of February and March.
Tea party lawmakers say the S&P's downgrade of the US credit rating and the markets' convulsive reaction on Monday is merely confirmation that they had been right all along.
Gallup tracking data from January through June find Obama's job approval rating is below 50 percent in most of the battleground states. Chances are his numbers are even worse now.
The Dow has lost 9.13 percent of its value over three days of trading. It's bad, but investors have seen much worse in previous sell-offs. Still, 'crash' versus 'correction' is a matter of debate.
The Dow plunged 634 points Monday, even as Obama sought to assure the markets that the still-gaping deficit represents a failure of politics, not of the nation's credit-worthiness.
Navy SEALs and special operations forces are not being withdrawn from Afghanistan war at the same rate as other forces, meaning their duties in the region will only grow. With the Aug. 6 helicopter shoot-down, the SEALs lost 1 percent of their operational population.
If the Standard & Poors downgrade of US debt from AAA to AA+ worries investors enough, the US may be forced to pay higher interest on its debt, which could affect interest rates across the economy, from mortgages to car loans. But for now, economists say, the economic impact of the downgrade will likely be minimal and US Treasury bonds will continue to be the investment vehicle of choice for American and overseas investors. “Despite the drop in the rating and the fact that the US economy is going through a fiscal crisis, it’s still one of the safest places to invest,” says Farhad Saboori, an economist at Albright College in Reading, Penn. Here are five reasons why the downgrade isn’t as bad as it seems, and a reminder not to take it too lightly:
States can be excused from some certain requirements of No Child Left Behind, the US education reform law, the Obama administration said Monday. But it wants them to adopt different reforms.
Tasers were involved in three deaths over the weekend, renewing the debate over when and how the police-issued stun guns should be used.
The rugged CH-47 Chinook helicopter that crashed in Afghanistan flies fast and has double the lift capacity of its Vietnam-era forebears. But it is loud, and vulnerable, while preparing to land.
Six candidates are actively competing in the Iowa straw poll on Saturday. Those who fare poorly may find that fundraising dries up. Those who do well may see an infusion of campaign cash.
Diana Nyad, an endurance swimmer, says that her 103-mile swim will show that 'we have many, many years of vitality and strength and service left in us.'
Sanford Wallace, the so-called 'Spam King,' faces federal fraud charges for allegedly luring Facebook users to third-party websites that collected personal information for spam lists. He's already been convicted of compromising Facebook servers once before.
S&P downgraded its credit rating for US debt Friday, citing a lack of congressional leadership to find compromise on deficit reduction. Somewhat ominously, congressional leaders responded to the news with partisan shots.
Texas Gov. Rick Perry, a potential Republican candidate for the White House, headlined 'The Response' Saturday – a revival-style prayer event in Houston that drew about 22,000 people.
A NATO helicopter was shot down while on a nighttime raid in Afghanistan, killing 31 US special-operations troops. Nighttime helicopter raids are an essential tool of counterterrorism.
S&P, one of the three major credit-rating firms, downgraded its rating for US debt Friday night – a move that has the potential to further spook global markets and drive up borrowing costs in the US. The reason for the downgrade, S&P said, was congressional dysfunction.
The stock market has taken investors on a wild ride. After plunging Thursday, the Dow Jones swung through a 416-point range Friday before finishing up almost 61. One reason for the behavior is investor fear.
Rep. Christopher Smith wants the US to press for 'corridors of tranquility' to get aid to famine-stricken south Somalia. But that would mean negotiating with Al Qaeda-linked Al Shabab.
Texas Gov. Rick Perry, who is weigning a presidential run, is headlining 'The Response: A Call to Prayer for a Nation in Crisis.' The evangelical event could help him in GOP primaries but make voters in a general election nervous.