Top 1 percent cause massive income disparity: a Congressional Budget Office report found that income for the top 1 percent increased 275 percent since 1979, while it only increased 18 percent for other Americans.
The secrecy around Mayor Michael R. Bloomberg’s selection of Cathleen P. Black to run the city’s schools highlighted his faith in business leaders and dislike of public debate.
Starting Thursday, Wal-Mart plans to offer free shipping on its Web site, a move that may create an expectation among consumers and a threat to smaller retailers.
AP - President Barack Obama has lost millions of dollars in support from former donors in Democratic strongholds and in districts that he won narrowly four years ago, according to an Associated Press analysis of the most recent federal campaign finance data.
AP - Anti-Wall Street protesters around the country who are vowing to stand their ground against the police and politicians are also digging in against a different kind of adversary: cold weather.
Hundreds of rescue workers have been working through the night attempting to dig out any survivors after a 7.2-magnitude earthquake hit eastern Turkey, leveling dozens of buildings and killing hundreds.
Occupy Wall Street demonstrators have five major Manhattan banks in their sights today, a day after a California mayor apologized for violence against protesters.
Thailand is facing its worst flooding since 1942, with 373 people dead, more than nine million affected and 28 -- or more than a third -- of the nation's provinces at least partially flooded after a series of strong seasonal storms that brought exceptional rainfall.
Winds whipped Cozumel Friday as Tropical Storm Rina, which is forecast to drop up to 6 inches of rain over the Mexican resort area, brushed the Yucatan Peninsula.