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Poor Showing at Steinbeck Auction

Posted: 06/24/2010 - Many of John Steinbeck's letters and manuscripts from his New York City apartment have failed to sell, or have sold for less than expected.

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Reserve Keeps Interest Rates Low

Posted: 06/23/2010 - The Federal Reserve suggests Europe's debt crisis raises a risk to the economy and pledges to hold rates at record lows to make sure the recovery stays on track.

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Calling for Summit on Oil Spill

oil coming ashore

Posted: 06/23/2010 - House Majority Leader Steny Hoyer is urging the White House to hold a summit with East Coast governors and local officials to ensure they are prepared if oil from the Gulf spill makes its way up the Atlantic coastline.

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McChrystal Relieved of Command

Updated: 06/23/2010 - President Barack Obama says he has accepted the resignation of Gen. Stanley McChrystal with regret, but is certain that it is the right decision for the country's national security and the future of the U.S. mission in Afghanistan.

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Challenging Offshore Drilling Moratorium Ruling

Posted: 06/23/2010 - The new director of a government agency that oversees offshore drilling is creating an internal investigations team to help him improve the agency's performance.

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New Home Sales Fall Below Record Set Almost 50 Years Ago

Updated: 06/23/2010 - Sales of new homes collapsed last month, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer get government incentives.

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No Announcement Yet on McChrystal's Future

Updated: 06/23/2010 - Afghanistan war commander Stanley McChrystal discussed his blistering interview remarks with President Barack Obama Wednesday, and the commander in chief planned an afternoon announcement of the embattled general's fate.

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Plan to End Chronic Homelessness in the U.S.

Posted: 06/23/2010 - The government is launching a sweeping plan to try to end homelessness over time, promising smarter coordination among the many agencies that try to help people find stable housing and economic security.

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Tentative Agreement to Give Dealerships a Break

Posted: 06/23/2010 - Senate Democrats negotiating a massive financial regulation bill have offered to exclude auto dealers from direct oversight by a new consumer protection bureau.

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Will General Still Hold Top Spot in Afghanistan?

Posted: 06/22/2010 - Defense Secretary Robert Gates says the top U.S. general in Afghanistan made "a significant mistake" and used poor judgment in remarks to a magazine reporter.

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FDA Struggling to Review Overseas Drug Testing

Posted: 06/22/2010 - Federal inspectors say the Food and Drug Administration is reviewing only a fraction of foreign drug trials, as companies increasingly move drug testing overseas to reduce costs.

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Deepwater Offshore Drilling Moratorium Blocked

Updated: 06/22/2010 - A federal judge in New Orleans has blocked a six-month moratorium on new deepwater drilling projects that was imposed in response to the massive Gulf oil spill.

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Obama Meets with Gay-Rights Activists

Updated: 06/22/2010 - President Barack Obama is promising gay rights activists he'll keep pushing for action on their priorities including benefits for same-sex partners and repealing the "don't ask, don't tell" policy on gays in the military.

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Oil Damaging Vital Gulf Plant

Posted: 06/22/2010 - It looks dirty and muddy, a brown mass of weeds with gas-filled berries that allow it to float on the Gulf of Mexico's waters.

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Sales of Previously Occupied Homes Drop

Posted: 06/22/2010 - Sales of previously occupied homes dipped 2.2 percent in May, suggesting that a boost from government home-buying incentives is winding down earlier than expected.

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Calling to Blacklist Pakistani Taliban

Updated: 06/23/2010 - A group of lawmakers is seeking to force the Obama administration to blacklist the Pakistani Taliban and hit the group with sanctions.

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Former Bush Official Joins Bloomberg

Posted: 06/22/2010 - Mayor Michael Bloomberg has chosen a former Treasury Department official from President George W. Bush's administration as his new deputy mayor for economic development.

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