Mondale, Carlson organize commission on shutdown Former Gov. Arne Carlson, a Republican, and former Vice President Walter Mondale, a Democrat, announced Tuesday an independent commission designed to resolve Minnesota's budget deadlock.5:24 p.m.
What A Debt Default Would Really Mean For The U.S.
There are just four weeks left to raise the federal debt ceiling or run the risk of a government default. That would leave the government, which now borrows more than 40 cents of every dollar, suddenly without a working credit card. Within 24 hours, the U.S. would rack up $20 billion in unpaid bills.
Several European Countries Face Austerity Measures
It isn't only Greece that's in financial trouble. From Portugal to Latvia, countries are still struggling to cut debt after the 2008 financial meltdown. Melissa Block speaks with Gillian Tett, U.S. managing editor for the Financial Times, about other European countries' austerity plans — and how they may change due to Greece's current situation.
Germany Looks To Replace Nuclear Power
Germany's decision to close its 17 nuclear power plants and invest more in alternative energy has been welcome by environmentalists. But business leaders are concerned by the prospects of power shortages and higher prices.
Affordable Manhattan: Co-Ops Keep The Dream Alive
Housing experiments flourished in New York City in the 1960s. But amid the city's sky-high real estate market, many have since been privatized. Born of a deal between labor and government leaders, South Penn, in the Garment District, is among those co-ops fighting to retain its sense of community.
DVD Picks: 'Das Boot'
Film critic Bob Mondello recommends the new Blu-Ray release of Wolfgang Petersen's 1981 submarine suspense film Das Boot, which also contains the extended Director's Cut. Warning: Not for the claustrophobic or faint-of-heart.
Tabloid's Role In Missing Teen Case Sparks Outrage
A jailed private eye employed by Rupert Murdoch's News of the World admits he intercepted (and even deleted) a missing girl's mobile phone messages. Britain's prime minister and others were swift to condemn the paper — and a high-ranking Murdoch deputy is swept up in the scandal.
ISI Reportedly Ordered Journalist's Assassination
Pakistani journalist Saleem Shahzad was found dead in Pakistan last May. Now, U.S. officials are saying that evidence concludes that Shahzad was assassinated by the Pakistani Spy Agency — a claim the Pakistani government has denied. Michele Norris talks with New York Times terrorism correspondent Eric Schmitt, who co-authored the newspaper's report on the case Tuesday morning.
Illinois, Catholic Agencies At Odds Over Gay Adoptions
The state of Illinois is at an impasse with some faith-based agencies that provide adoption and foster care services with public funds. Now that civil unions are legal in Illinois, one Catholic Charities agency has dropped its adoption service altogether rather than place children with gay couples.
Summer Sounds: Golf
Author and attorney Scott Turow adds his Summer Sound to our series. When he thinks of the season, he thinks of golf — and hearing a driver hit a ball.