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Obama Reported To Consider Tapping Oil Reserve

The White House is "dusting off old plans" for a potential release of oil reserves to dampen rising gasoline prices and prevent high energy costs from undermining the success of Iran sanctions, a source with knowledge of the situation said.
Chris Christie

A Podium As Bait-And-Switch: Chris Christie’s Moment As GOP Convention Keynote Speaker

Chris Christie will deliver the keynote address in two weeks at the Republican National Convention. Many consider the primo speaking a launching point into national prominence. But Christie already garnered attention. So why did the Republican National Committee pick him? The answer may lie in the 2004 Democratic National Convention. And the results may not bode well for Mitt Romney.
Andrew Cuomo and Benjamin Lawsky (L)

Who Is Benjamin Lawsky? Little-Known Regulator Who Savaged Standard Chartered Stokes His - And Andrew Cuomo's - Political Dreams

When Benjamin Lawsky formally accused U.K.'s Standard Chartered bank of money laundering and a cover-up linked to Iranian financial institutions, the head of New York's newly formed Department of Financial Services was hardly described in glowing terms in the press. He was termed a rogue, an egomaniac and worse by unnamed scorned colleagues in New York and Washington. But in describing his ambitions, what these reports failed to take into account was the depth of his and Governor Andrew C...
Bernanke takes his seat to testify about monetary policy before the House Financial Services on Capitol Hill in Washington

Fed Heads, Breaking Taboo, Talk Politics

Two non-voting members of the Federal Reserve Board of Governors have broken a long-standing taboo against wading into politics by publicly talking about how election-year considerations affect the decisions of U.S. central bankers.
Watch The Landing Of NASA's Mars Rover Curiosity [VIDEO, PICTURES]

Watch The Landing Of NASA's Mars Rover Curiosity [VIDEO, PICTURES]

After its Curiosity rover successfully landed on Mars yesterday, NASA posted a video on Tuesday that offers viewers another chance to "relive the nail-biting terror and joy as NASA's Curiosity rover successfully lands on Mars the evening of Aug. 5." NASA's video of the Curiosity landing on Mars' Gale Crater is embedded at the bottom of this page.

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