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Oil leak plugged…for now

Oil leak plugged…for now

Now the wait begins. BP has finally gained control over one of America’s biggest environmental catastrophes by placing a carefully fitted cap over a runaway geyser that has been gushing…

Rich more likely to default on mortgages

Rich more likely to default on mortgages

No need for tears, but the well-off are losing their master suites and saying goodbye to their wine cellars. The housing bust that began among the working class in remote…

Judge who blocked drilling ban has conflict-of-interest

Judge who blocked drilling ban has conflict-of-interest

The Louisiana judge who struck down the Obama administration’s six-month ban on deepwater oil drilling in the Gulf of Mexico has reported extensive investments in the oil and gas industry,…

BP cut corners, cost on doomed ‘nightmare well’

BP cut corners, cost on doomed ‘nightmare well’

BP took measures to cut costs in the weeks before the catastrophic blowout in the Gulf of Mexico as it dealt with one problem after another, prompting a BP engineer…

Foreclosures down but millions will still lose homes

Foreclosures down but millions will still lose homes

Millions of Americans are still likely to lose their homes in the coming years, but the foreclosure crisis is finally showing signs of subsiding. The number of households facing foreclosure…

Farm subsidies: The rich keep getting richer

Farm subsidies: The rich keep getting richer

Lawmakers crafting a sweeping farm bill in 2008 promised it would cut government payments to wealthy farmers. Two years later, little appears to have changed. Data being made public Wednesday…

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