Republicans aren't exactly crazy about the public works spending President Obama proposes in his $447 billion jobs bill sent to Congress this week, but they are even less enamored with how the president wants to pay for it: by ending a slew of tax breaks for wealthy individuals and corporations.
Terrified to see your teenager behind the wheel? You're not alone. But a new study finds tougher state licensing laws have led to a decrease in fatal accidents, at least among 16-year-olds. That's the good news.
The back rooms of museums are like your grandparents' attic, only the stuff is more exotic — things like fossilized jellyfish, dinosaur eggs, or mummified princes.
And if you look carefully, you'll find objects that once changed science but are now largely forgotten. You might call them Lost Treasures of Science. This is a story of one of those objects — a special bone that's part of a special skeleton.
Sports fans love to designate certain games as "the greatest ever," the "match of the century" and so forth. Well, I would like to state that a piece in the October issue of The Atlantic Monthly, which was released online Tuesday, may well be the most important article ever written about college sports.
In Tripoli, residents are painting the town red, green and black, the new colors of the Libyan revolution.
Under Moammar Gadhafi, the regime strictly controlled the images that were allowed in public. Storefronts had to be painted green. English was banned on signs. Anti-regime graffiti was quickly painted over and could be met with a harsh response.
A day after her finance minister said the possibility of an "orderly default" by Greece should be on the table, German Chancellor Angela Merkel sought to reassure markets by saying that Germany will continue to finance Greece.
We're breaking from the serious news for a few minutes to bring you a bit from New York City, where a group of New York City's finest may be in hot water for having a little too much fun at the city's West Indian American Carnival parade.
The parade happened Sept. 5, but after a video of the dancing uniformed cops was posted on the website WorldStarHipHop and then went viral on YouTube, the New York City Police Department announced today it was launching an investigation.
The nation's poverty rate rose last year to 15.1 percent, the highest level in 17 years, according to new data from the Census Bureau. The agency's latest poverty report, released Tuesday, shows that 46 million people were poor and that the median income dropped last year by more than two percent to about $49,445.
Not unexpectedly, the continued lack of jobs was the main cause.
Ted Weschler of Charlottesville, Va., paid $2.6 million dollars at a charity auction in both 2010 and 2011 to have lunch with Warren Buffett.
In a press release, yesterday, Berkshire Hathaway announced that Weschler was joining Buffett and another partner to manage some of Berkshire's equity holdings. But the interesting part comes later in the release, when the company says:
Warren Buffett, Berkshire's Chairman, will continue, however, to manage most of the funds until his retirement.
Tuesday's hearing in the supercommittee was supposed to be about the history of the current debt crisis. Almost nothing causes more partisan bickering than that. Each party is fervent in its belief about who drove the government into the ditch — namely, the other guys.
On Tuesday, however, Doug Elmendorf, the man who runs the non-partisan Congressional Budget Office (CBO), immediately dispensed with the question of blame and laid out the options for the supercommittee.