It's still a good time to buy. The end of tax credits and foreclosures will help keep home prices down.
Like oil pollution in Ecuador and California years ago, the BP Gulf catastrophe could – and should – lead to profound political change across America.
The spill was flowing at a daily rate that could possibly have been as high as 2.1 million gallons, twice the highest number the federal government had been saying.
Money is talking loudly to BP, even without President Obama’s recent threat to 'kick' the company’s backside. The financial imperative is visible in BP's stock price, which has fallen by roughly half.
The BP oil spill relief effort lacks a clear command-and-control structure, senators said at a hearing Friday. Some suggest that greater Pentagon involvement would help.
Louisiana Governor Bobby Jindal is angry and frustrated at BP's 2009 response plan for a Gulf of Mexico oil spill, which lists walruses, sea otters, sea lions, and seals as 'sensitive biological resources' and names a man who died in 2005 as a national wildlife expert.
BP's containment cap is collecting 630,000 gallons of oil a day. It could be collecting more, but BP failed to send another tanker to increase capacity. And some scientists think the process of fitting the cap on the well made the situation worse.
A bubble floats as people blow bubbles during a flash mob at Piazza del Popolo in central Rome on March 21 to welcome spring.
Russian cosmonaut Fyodor Yurchikhin (c.) is seen inside of the Soyuz capsule through the porthole, with the reflection of ground personnel pictured in its glass, at the Baikonur Cosmodrome on June 4. Yurchikhin, U.S. astronauts Doug Wheelock and Shannon Walker are scheduled to fly to the International Space Station (ISS) in a Soyuz TMA-19 spacecraft on June 15.
Disbarred attorney Scott Rothstein was sentenced Wednesday to 50 years in prison for operating a $1.2 billion Ponzi scheme using faked legal settlements.