The Air Force wants to gradually retire the fleet of 32 "Dragon Lady" planes, which can soar to an altitude of 70,000 feet, collect intelligence on North Korea and Russia and rapidly send the data to U.S. commanders.» Read More
North Korea fired artillery shells at a South Korean island, killing two soldiers and two civilians, in one of the heaviest attacks on its neighbor since the Korean War ended in 1953.
Tom DeLay, one of the most powerful and divisive Republican lawmakers ever to come out of Texas, was convicted Wednesday of money-laundering charges in a state trial, five years after his indictment here forced him to resign as majority leader in the House of Representatives, the New York Times reports.
The United States Marine Corps want to spend billions of dollars on a new amphibious landing craft, budget cutters in Washington say that’s simply too much money for a vehicle that Marines may never ride into battle.
The news from Korea today highlights that emerging markets do have risks that one needs to be aware of including tensions between neighbor countries, political instability, and currency challenges. The road to higher returns is paved with higher risk to be sure. Higher returns comes with higher volatility.
New scanners allow TSA officers to basically see you naked, and there are concerns about radiation. Critics allege this is the worst kind of funny business.
Deficit cutters struggling to make ends meet in Washington are eyeballing an unusual pot of potential revenue: back taxes owed to the government by federal employees themselves.
This Veteran's Day, one company started by a "serial entrepreneur" provides a uniquely modern way to say "thank you". Products for Good sells "liberated Iraqi coins" which people buy for veterans in their lives.
According to the SBA, one in seven veterans are self-employed or small business owners and about one quarter of veterans say they are interested in starting and buying their own businesses. The percentage is even higher among women veterans, noted the SBA.
In his first one-on-one television interview since leaving the White House, former President George W. Bush talked about regrets, accomplishments and his legacy with NBC's Matt Lauer.
It is the home stretch in the battle over Proposition 19, the ballot initiative that would legalize and regulate marijuana in California, and at “Yes” headquarters in downtown Oakland last week, young volunteers were hustling for votes.
The outcome of five contests considered tossups will help determine if Democrats retain control of the Senate, according to the latest analysis of races by The New York Times, with Republicans trying to capture Democratic-held seats in Colorado, Illinois, Nevada, Pennsylvania and Washington.
Trying to manage a terrorism threat in the middle of an election campaign, the Obama administration is walking a political and national security tightrope, says the New York Times.
It is perhaps a measure of the volatility of American politics that a television comedy show was able to tap something deep among American voters, who turned out in the tens of thousands on Saturday to add their voices to a national political debate that some said had left them behind.
The Federal Reserve is all but certain next week to begin a multibillion-dollar effort to coax the recovery along, but privately, Ben S. Bernanke, the chairman, worries that more is needed to turn the sluggish economy around and revive employment, reports the New York Times.
As the political battle heats up, however, it has also veered into a more basic matter of fairness, whether a person who earns more than $200,000 a year should be taxed at rates similar to those who make $5 million, reports The New York Times.
For all of the political noise about tax policy, cuts, it is hard to make a convincing case that either cuts or hikes make much of a difference in economic growth or job creation. "I really don't think you can," says one economist.
The financial debate in Washington this fall will likely be consumed by whether, and how, to extend the Bush tax cuts. But economic research suggests that tax cuts, though difficult for politicians to resist, have limited ability to bolster the flagging economy. The NYT reports.
U.S. Marine commandos stormed a pirate-held cargo vessel off the Somalia coast Thursday, reclaiming control of the ship and taking nine prisoners without firing a shot, the U.S. Navy said.
Herein are Wednesday's biggest winners and losers. Find out why shares of Comtech popped while Navistar dropped.
The U.S. 4th Stryker Brigade, 2nd Infantry Division—the last withdrawing unit of U.S. combat troops in Iraq—is crossing the border into Kuwait early Thursday, local time, NBC reported.