Sources are reporting to The New York Times, that the U.S. Justice Department is investigating the credit-rating agency Standard & Poor’s for incorrectly rating dozens of mortgage securities, in the years that led up to the 2008 mortgage backed securities financial crisis, that the U.S. is still recovering from
The U.S. Congress has received a stern warning from the Moody’s credit rating agency
The Obama Administration is suspending up to $800 million in military aid to Pakistan subsequent to the country expelling American military trainers
The U.S. economic jobless recovery received more negative news as new private-sector jobs barely outweighed government job losses, causing the unemployment rate to climb to 9.2% from 9.1%
U.S. House Speaker Republican John Boehner told members of the House Republican caucus Thursday morning that there’s a 50-50 chance of a deal on the federal budget and the debt ceiling within the next 48 hours
In a significant sea change move, top Republican Eric Cantor has now affirmed that the GOP could accept a deal that would raise revenue by closing some tax loopholes, however the Republican insisted that that revenue be set off by tax cuts elsewhere
Temperatures across the U.S. are hitting records – the temperature in Phoenix broke a ten-year record over the weekend, when it reached 116 degrees, and it’s expected to continue through the fourth of July holiday
President Obama and his team continue to confirm their focus on the CIA as its chief weapon in its war on terror, rather than throwing more money at the missions in Afghanistan, Pakistan and Iraq
The U.S. Federal crackdown on insider trading nabbed a few new guilty verdicts on Monday, as jurors convicted three traders of conspiracy to commit securities fraud
NATO is currently targeting Libyan dictator Moammar Gadhafi, a senior NATO official with operational knowledge of the campaign reports
