Five years after the economic collapse, President Obama today reflected on where the US economy is today. The president pointed to progress over the past five years and millions of news jobs created. But, as he does every time he talks about the economy, he said the U.S. hasn't come far enough and blamed Congress for inaction.
Robert Siegel talks to Jeremy Siegel, a professor at the Wharton School at the University of Pennsylvania, about Larry Summers' decision to bow out of contention for Federal Reserve chief. Summers is controversial both in Washington and at Harvard, and is associated with some ideas about monetary policy that rattle investors these days.
Two years ago Pakistan's Punjab province was hit with one of the world's worst dengue outbreaks. This year the number of recorded cases has plummeted. Many leaders credit a mobile phone app that tracks mosquito populations and city workers' efforts to contain them.
Brazil is known as a soccer-crazed country, and next year, the country is hoping for a sixth championship when it hosts the 2014 World Cup. But amid the excitement, there is much criticism of money spent on the World Cup, and questions about whether Brazil is ready to play host. Melissa Block checks out one of the 12 stadiums to be used in the Cup, Arena Pernambuco outside the northeastern city of Recife, and talk with people who are both elated and angered by the upcoming event.
It's a National Holiday today in Mexico, but there isn't that much to celebrate. The economy is sinking, there are relentless rains and protests in the street and — horror of horrors — Mexico's cherished national soccer team may not go to the World Cup for the first time in nearly a quarter of a century. On many accounts, it's a bummer of a national holiday is in Mexico.
When most people think "NBA," they think of the National Basketball Association. This year, in an attempt to maximize coverage, the National Book Foundation is releasing "long lists" of NBA nominees in different genre categories, one day at a time for a week.
The 12th Annual U.S. Sumo Open took place over the weekend, bringing contestants from around the country and even the world. Some don't fit the traditional Sumo profile as amateur Sumo becomes increasingly diverse.
UN inspectors have completed their report on the alleged chemical weapons attack in Syria on Aug. 21. The Security Council will discuss the inspectors report today. Western diplomats have said the report will include circumstantial evidence that the Assad government was responsible for the attack.
Some scientists have argued that so much gas leaks out during production that it is actually worse for the environment than coal. But a new nationwide study shows that methane leaks from natural gas production aren't as bad as some feared.
Prospects for a government shutdown seem higher than they have in years. With two weeks to go before the budget year ends, a contingent of House Republicans are insisting that any spending bill must "defund" Obamacare — a condition the Democratically-led Senate and President Obama say they will not abide.
It's being called the largest maritime salvage operation ever. The 'rotation" of the wrecked Costa Concordia cruise liner to an upright position is under way off the west coast of Italy. The massive ship is now clear of the reef that had penetrated the hull. There are no pollutants escaping from the vessel. Fuel and other polluting agents had been removed. The process is going more slowly than predicted but engineers on site say it is going well. When the ship is upright, huge flotation tanks on the port and starboard sides will be activated and it will be towed to a scrap yard. Thirty two people died when the ship ran aground twenty months ago. Two are still missing.
Candomblé, an Afro-Brazilian religion, has been widely practiced by people of African descent in Brazil but mostly in secret — until now. After centuries of slavery and discrimination, Brazil's Afro-Brazilian community is proudly celebrating its African roots.