As tighter sanctions on Iran's gasoline purchases move through the US Congress, Iranian officials say they have plenty of alternative suppliers, such as China and Venezuela. But some analysts say that prices will rise for Iranian consumers.
Iran test-launched its powerful Sajjil-2 missile on Wednesday. The Iranian missile has the range to reach Israel and parts of Europe and a drew a sharp response from the US and and other Western powers, who say it increases their doubts about the Islamic Republic's intentions and hardens their resolve on sanctions.
The financial reform bill passed Friday in the House spans many markets and regulatory activities. But some experts warn that the economy could remain exposed to bubbles, busts, and firms "too big to fail."
At confirmation hearings for Fed Chairman Ben Bernanke Thursday, some senators decried bailouts of 'too big to fail' firms. Others said the economy would be in worse shape without the Fed’s actions.
Both sides of the debate should want government out of the issue – but that means fulfilling a duty to women and children.
First elected to Congress in 1952, Sen. Robert Byrd has an encyclopedic knowledge of Senate rules and legislative history dating back to Roman times. On Wednesday, he became the longest-serving member of Congress.
California Attorney General Jerry Brown's spokesman secretly recorded conversations with reporters. Under pressure from GOP rivals for governor, Brown now says he'll investigate.
Routine recanvassing has narrowed Democrat Bill Owens's lead over Conservative Party candidate Doug Hoffman in the NY-23 House race. Uncounted absentee ballots could change the result – though that seems unlikely.