Obama still looking for ways to recapture his old magic

Obama still looking for ways to recapture his old magic

President Barack Obama sought to recapture the magic of his 2008 campaign, holding a large open-air rally in Ohio to help struggling Democratic candidates in the Midwestern state. Amid voter anger over the sluggish economy and 9.6 percent unemployment, Obama’s Democrats are fighting to avoid steep losses in the Congress and in state governors’ races […]

Poll: Republicans poised to take control of House

Poll: Republicans poised to take control of House

American voters unhappy at high unemployment are set to oust President Barack Obama’s Democrats from control of the U.S. House of Representatives in November 2 elections, a Reuters-Ipsos poll projected on Wednesday. The national poll found that Americans plan to vote for Republicans over Democratic candidates by 48 percent to 44 percent, an edge that […]

Foreclosure fury: Obama sends bill back to Congress

Foreclosure fury: Obama sends bill back to Congress

President Barack Obama killed proposed legislation on Thursday that struck at the heart of growing political rage over how banks have moved to evict struggling borrowers from their homes. The bill, which would have made it more difficult for homeowners to challenge foreclosures, came under the spotlight this week as the furor grew over disclosures […]

Boehner: American dream under seige

Boehner: American dream under seige

The “American Dream” is under siege by an out-of-control federal government that doesn’t listen to its people, U.S. House of Representatives Republican Leader John Boehner said on Friday. Boehner said Americans can make themselves heard by voting in the November 2 election to replace President Barack Obama’s Democrats in Congress with a new Republican majority. […]

MSNBC host apologizes (sort of) for Michael Steele slam

MSNBC host apologizes (sort of) for Michael Steele slam

He has been on the air only a week, but MSNBC‘s newest host, Lawrence O’Donnell, is already channeling Rick Sanchez and Dr. Laura Schlessinger by apologizing for insensitive remarks directed at a minority. In O’Donnell’s case, the incident involved a show this week on which he invoked the imagery of slavery while introducing Michael Steele, […]

Race-based predatory lending fueled housing crisis

Race-based predatory lending fueled housing crisis

Predatory lending aimed at racially segregated minority neighborhoods led to mass foreclosures that fueled the U.S. housing crisis, according to a new study published in the American Sociological Review. Predatory lending typically refers to loans that carry unreasonable fees, interest rates and payment requirements. Poorer minority areas became a focus of these practices in the […]

Teens use rubbers more than adults

Teens use rubbers more than adults

American teens are not as reckless as some people might think when it comes to sex, and they are much more likely to use condoms than people over 40, according to a survey released on Monday that could help guide public health policy. The study from sex researchers at Indiana University and paid for by […]

As midterm elections approach, Democrats see hope

As midterm elections approach, Democrats see hope

After enduring months of bad news and gloomy political forecasts, some Democrats are seeing signs of hope that Republican gains in the November 2 congressional elections will not be as big as predicted. A modest boost in the party’s national poll numbers and an upturn for Democratic candidates in a few key states, particularly California […]

Boehner: House is ‘broken’

Boehner: House is ‘broken’

The top Republican in the House of Representatives proposed on Thursday that lawmakers be forced to cut federal spending to offset the cost of any new program. Taking a swipe at fellow Republicans as well as Democrats, John Boehner said “this institution is broken” and earned its reputation for “fiscal recklessness.” Boehner, in line to […]

End of TARP leaves small banks scrambling to repay

End of TARP leaves small banks scrambling to repay

The U.S. government’s $700 billion bailout of the financial system has become a form of long-standing aid for many of the nation’s small and regional banks, even as the program officially expires on Sunday. The banks are eager to repay the taxpayer money, but the meek economic recovery has gotten in the way. Analysts and […]