The Federal Reserve usually worries about interest rates and inflation. But lately, Fed officials have been focusing on housing. They've been out in public, pushing measures they think will help the housing market. David Wessel, economics editor at The Wall Street Journal, talks to David Greene about proposed changes to mortgage financing.
As expected, GOP presidential candidate Mitt Romney won the New Hampshire primary. Texas Rep. Ron Paul clinched second place — ahead of former Utah Governor Jon Huntsman. Paul told a crowd of supporters that he was nibbling at the heels of the front-runner.
Several decades ago, more than half the states had eugenics laws — measures that allowed governments and others to forcibly sterilize people. It was a difficult chapter for many states and now North Carolina is looking to make amends. A task force says each of the state's 2,000 living victims should receive $50,000.
The 20 detainees who stumbled down the gangway had been put on a nonstop flight from Kandahar, Afghanistan, to Cuba. The men came from all over the Middle East and Africa: Yemen, Sudan, Tunisia, Afghanistan. They all wore the same blackened goggles, earmuffs and orange socks as U.S. soldiers guided them from the plane by their elbows.
TV show <em>Super Girl Voice, </em>a singing contest show, is recorded at Hunan Satellite TV station in 2006 in Changsha city, Hunan province of China. The show was recently banned as part of a recent entertainment industry crackdown.
Tens of millions of people tune in every week to the Chinese dating show Take Me Out. It's pure entertainment: girls in skimpy dresses hoping for a date; sweaty, geeky guys stammering questions; and two effete hosts sporting matching bouffant hairstyles.
But as of last week, the show was bumped from prime time — part of China's latest clampdown against "excessive entertainment," which is itself a manifestation of a larger ideological campaign.
Consumers who sign credit card agreements that feature an arbitration clause cannot dispute fees or charges in court, the Supreme Court ruled Tuesday. The 8-to-1 decision drew immediate fire from consumer advocates.
To get a credit card, a consumer generally must sign a detailed agreement. In the fine print, almost always, is an arbitration clause that says that if consumers want to dispute fees, they must do so through arbitration, not in court.
The 2012 Dodge Dart is unveiled at the North American International Auto Show in Detroit on Monday.
Credit Tony Ding / AP
In 2008, Dodge started taking orders for the Challenger again after a 25-year hiatus, and some dealers began offering classic striped paint jobs to echo the original cars' style.
Credit Jerry Lai / AP
Ford's Thunderbird became an iconic American car. Production began in 1955 and evolved almost continuously over the years until 1997. At right is the first version; at left is a 1984 model.
Credit Ray Howard / AP
In a 2002 revival of the Thunderbird, Ford harkened back to the smoother, classic shape of its original hit car to capitalize on its nostalgia factor. The new model didn't sell as well as the company hoped, and the line was discontinued in 2005.
Credit AFP / Getty Images
But in 2010, the struggling car company revived the model for a fifth generation. Although the Chevy Camaro still hasn't caught up to the Mustang in overall sales, the fifth generation model outsold Ford's muscle car in 2011.
Credit Charles Rex Arbogast / AP
Dodge unveiled its 2013 Dart at the North American International Auto Show in Detroit this week. The original Dart was in production from 1960-76. This time around, it's being built on a modified platform of one of Fiat's Alfa Romeos. After a 2009 merger between the struggling Chrysler and Italy's fast-growing Fiat, the two are sharing technology and strategy.
Between 1960 and 1976, the Dodge Dart was one of the best-selling cars in America, with its affordable price and rugged styling. More than 3.5 million Darts were sold.
Though the car was never known for being especially stylish or pretty, Chrysler is now reviving the name as the company continues its own revitalization. On Monday, it unveiled the new Dart at the 2012 North American Auto Show in Detroit.