Since the financial crisis of 2008, the Federal Reserve has shrugged off warnings and let the largest U.S. financial firms pay tens of billions of dollars in dividends to shareholders, instead of putting aside money as capital in case a new financial crisis hits.
A new report from the Education Department finds that minority students receive much harsher punishment than their white counterparts. The report finds that more than 70 percent of cases referred to police in school-related issues involved black or Hispanic students.
Iran's semi-official Fars News Agency is reporting that the country is ready to allow United Nations nuclear inspectors into a military complex, where the West suspects Iran is undertaking secret nuclear work.
Super Tuesday 2012 is finally here, with Republican presidential preference contests — a mix of primaries and caucuses — occurring in 10 states from sea to shining sea.
While the 2012 race for the GOP nomination likely won't be over by Wednesday morning, it could seem far closer to being so, especially if Mitt Romney sweeps contests everywhere but, say, Georgia, where the former congressman from the Peach State, Newt Gingrich, is expected to have a good night.
President Barack Obama speaks to students at Northern Virginia Community College in Annandale, Virginia, on February 13, 2012. Obama's campaign is ramping up efforts in Virginia in what is sure to be a battleground state in the general election.
While Republican candidates continue to slug it out for their party's White House nomination, President Obama is getting a head start on the general election.
Obama's grassroots campaign is already hard at work with volunteers hosting house parties and staffing phone banks to find and mobilize the president's supporters. The campaign has opened five offices in Virginia, and that's not counting the basement of Sue Langley's house in the Washington, D.C., suburb of Vienna, where more than a dozen volunteers assembled this past weekend.
Have you ever splurged on a highly rated bottle of Burgundy or pinot noir, only to wonder whether a $10 or $15 bottle of red would have been just as good? The answer may depend on your biology.
A new study by researchers at Penn State finds that when it comes to appreciating the subtleties of wine, experts can taste things many of us can't. "What we found is that the fundamental taste ability of an expert is different," says John Hayes of Penn State.
An increasing number of corporations have announced that they will no longer advertise on the show of the undisputed king of political radio talk, Rush Limbaugh, in the wake of caustic and sexually charged comments he made about a Georgetown Law student.
An apology over the weekend failed to quell the controversy, as both corporations and conservative commentators denounced Limbaugh's latest provocative remarks. It is far from his first such episode. Part of Limbaugh's appeal involves getting listeners to tune in to hear just what shibboleth-bursting thing he'll say next.