The measure is the first sliver of President Obama's $447 billion jobs package to win bipartisan approval in the Senate. And it couldn't come soon enough: Nearly 1 in 8 veterans who left the service in the past decade is unemployed — a higher jobless rate than the national average.
It's not so much that the European debt relief turned out to be inadequate — it was the politics that proved unrealistic. When leaders don't seem to know what to do, panic sets in. The same inability in Washington to tackle big, systemic problems may cause long-term harm to the American economy.
Though some in East Millinocket, Maine, are thrilled the town's paper mill is open again, many are unhappy with what the jobs are paying. But for every resident riled up about the lower wages, there seems to be another who is infuriated at those who dare complain.
The State Department has ordered the developer of a pipeline that would carry oil from western Canada to Texas to reroute it from environmentally sensitive areas of Nebraska, possibly delaying a final U.S. decision until after the 2012 election.
For the first time in 50 years, Cubans can now buy and sell residential real estate. The new law allowing such transactions is President Raul Castro's most significant economic reform measure to date, and is spurring the refurbishment of the island's long-neglected homes.
A growing number of students are forgoing traditional careers to launch their own businesses. For many of them, social change is just as important as their bottom line. Amy Reinink recently wrote about this for The Washington Post Magazine. Host Michel Martin speaks with Reinink and James Li, an entrepreneur and Georgetown University student.
House Republicans have released emails related to solar panel maker Solyndra which got $535 million in government loan guarantees and then went bankrupt. Republicans say the emails show an Obama campaign bundler used his influence at the White House to make the loan happen.
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