Federal Reserve Chairman Ben Bernanke told a congressional committee Thursday that the U.S. economy faces some significant risks, and Fed officials are still deciding what to do about it.
His remarks disappointed a lot of investors who want the Fed to do something to revive growth. Bernanke spoke at a time when interest rates on government debt are hitting lows not seen since the Great Depression.
The NAACP recently took what was for some in the organization a controversial step, when it endorsed same-sex marriage. That move has now led some local officers around the country to resign — including the group's most outspoken critic of gay marriage.
The NAACP board says it stands by its resolution calling for marriage equality. But as the nation's oldest civil rights group prepares for its national convention in July, some in the ranks say the resolution caught them by surprise, and that such an important decision deserved open debate.
The Obama administration is searching for a "sweet spot" in economic policy: measures that could increase job growth right now without worsening the federal deficit. That task gained new urgency this month when the Labor Department reported a sharp slowdown in job growth in May.
The challenge could force the president to try to revive his "grand bargain" with Republicans.
Every profession has its symbols of success. For opera singers, it's performing at La Scala or the Met. For mountain climbers it's making it to the top of Everest. For scientists, if you get two papers published in the same issue of a prestigious journal like Nature, you're hot.
Hundreds of thousands of soccer fans, most of them men, are set to arrive in Ukraine and Poland for Euro 2012, the monthlong European soccer championship that kicks off Friday.
But what's expected to take place off the field has health experts concerned. An estimated 360,000 Ukrainians — more than 1 percent of the population — are infected with AIDS or the virus that causes AIDS, the highest rate in Europe. Sex workers are one of the hardest-hit groups.