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Goldman Sachs Finance Chief Admits Mistakes

Posted: 07/01/2010 - The finance chief of Goldman Sachs says the firm made mistakes in the leadup to the financial crisis and was burned by losses on high-risk loans and mortgages.

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Mortgage Rates Hit Another Low

Posted: 07/01/2010 - Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren't rushing to refinance their loans or buy homes.

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Fewer Contracts to Buy Homes Signed in May

Posted: 07/01/2010 - The number of buyers who signed contracts to purchase homes dropped in May to the lowest level on record, a sign the housing recovery can't survive without government incentives.

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Unemployment Benefits Claims Going Up

Posted: 07/01/2010 - Initial claims for unemployment benefits rose last week for the second time in three weeks, a sign that layoffs are rising.

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Engaging Citizens in Public Security

Posted: 07/01/2010 - Homeland Security Secretary Janet Napolitano has unveiled a national "see something, say something" campaign in New York City.

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Millions of Doses of H1N1 Vaccine Expired

Updated: 07/02/2010 - About a quarter of the swine flu vaccine produced for the U.S. public has expired, meaning that a whopping 40 million doses worth about $260 million will be written off as trash.

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House Passes Financial Regulation

Updated: 07/01/2010 - The House has passed a sweeping overhaul of financial regulations, setting the stage for a final vote in the Senate, where votes for the bill remain in flux.

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Hurricane Alex Makes Landfall

Updated: 07/01/2010 - The Category 2 storm churning in the Gulf of Mexico has sustained winds of near 105 mph.

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Money for Teachers Added to War Funding Bill

Posted: 06/30/2010 - House Democrats who are trying to pass a long-stalled war funding bill are sweetening it with $10 billion to help local school districts avoid teacher layoffs when schools reopen.

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Problems Found in DEA Handling of Clandestine Lab Cleanups

Posted: 06/30/2010 - The Justice Department's inspector general has found significant problems in the Drug Enforcement Administration's cleanup of clandestine laboratories that criminals use to manufacture illegal drugs.

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Kagan Won't Criticize Current Supreme Court

Posted: 06/30/2010 - As she faces senators' questions for a second day, Supreme Court nominee Elena Kagan is declining an opportunity to criticize the current court.

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Brown Says Not Ready to Support Financial Overhaul

Posted: 06/30/2010 - Republican Sen. Scott Brown of Massachusetts says he's not ready to support a sweeping overhaul of financial regulations. His stance for now could leave Democrats short of the 60 votes they need to beat procedural hurdles and pass the bill.

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