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At Issue: Global Financial Crisis

Bond Vigilantes Push Up Italy?s, Spain?s Interest Rates: Is U.S. Next?

Up to now, the dispensers of global financial justice -- the bond vigilantes -- have given the United States a free ride regarding its large budget deficit and national debt. But history say that can't last forever, which is why it's in the nation's long-term interest to enact the second half of budget cuts called for in the U.S. debt deal.
Traders work on the floor of the New York Stock Exchange

Solid U.S. July Job Gains Calm Markets

Solid July job gains calmed U.S. markets on Friday, but Wall Street remained nervous among talk that the nation may be falling into a double-dip recession.
Jay-Z and Kanye West

Jay-Z and Kanye West 'Watch The Throne' Gets 'Fresh'

You may not know him by name, but quasi newcomer--Hit-Boy, has been the brain behind many musical operations. He produced beats for the track "Stronger" for Mary J. Blige, "Froze" for Chris Brown, Lil Wayne and Eminem's "Drop the World" and now, he has lent an ear to Jay-Z and Kanye West's "N---as in Paris." As part of their "Watch the Throne" album, working on this track is a huge accomplishment for Hit-Boy.
At Issue: Arctic Oil

Obama Administration Moves to Open Arctic Drilling

In a move to expand America's domestic oil and gas exploration, the Department of the Interior began to reverse a moratorium on offshore drilling by approving Royal Dutch Shell's request to drill exploratory wells in the Arctic Ocean.
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Cleveland's Masterson Brings Down Boston

Cleveland starter Justin Masterson got off to a rough start against his former team Boston on Thursday but found his range to strike out nine and lead the Indians to a 7-3 win over the Red Sox at Fenway Park.

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