Legislators work to restore homestead credit Responding to frustrated homeowners who are angry over the elimination of a longtime tax break, two DFL legislators say they plan to restore the market value homestead credit.7:45 a.m.
Census Bureau: Poverty Rate Rises Past 2009 Level
The nation's overall poverty rate climbed to 15.1 percent last year, according to new data from the Census Bureau. That's up from 14.3 percent in 2009 — which means 46.2 million Americans were living in poverty in 2010.
Portion Of Obama Jobs Bill Would Update Schools
President Obama's road trip to push his jobs bill takes him to North Carolina Wednesday. It's the third election battleground state the president has visited in less than a week. He's promoting his plan to prop up the economy with $447 billion in tax cuts and new government spending. Some of that money would go to refurbish outdated school buildings. Obama stressed that idea during a stop in Columbus, Ohio, Tuesday.
Bone To Pick: First T. Rex Skeleton, Complete At Last
Discovered in 1902 by the "Indiana Jones" of fossil hunters, the first Tyrannosaurus rex skeleton fascinated the public. It was sold off during World War II, but a lone rib bone remained forgotten in the archives of the American Museum of Natural History in New York. Now, a century after it was unearthed, T. rex is finally whole.
Spain's Low Birth Rate Blamed On Poor Economy
In Spain, the dismal economy is having an effect on more than people's pocketbooks. It's fundamentally changing families. Spain already has one of the lowest birth rates in Europe. But now that rate is plunging even lower, as the government cuts child benefits, and families put off having children amid economic uncertainty.
20-Hour Insurgent Attack Ends In Afghan Capital
In Afghanistan, a bloody 20-hour insurgent attack on the capital Kabul ended Wednesday morning. All the assailants are dead. The attackers took control of a building that had a clear line of fire to the U.S Embassy and NATO headquarters in the heart of the city.
Freedoms Flourish On Walls Across Tripoli
In Libya under Moammar Gadhafi, the regime strictly controlled what images were allowed in public, and anti-government graffiti was met with a harsh response. Now, graffiti denouncing Gadhafi and declaring Libya "free" is everywhere.
Iranian Court Reviews Plan To Offer Hikers Bail
In Iran Tuesday, President, Mahmoud Ahmadinejad told NBC authorities would soon release two American hikers convicted on espionage charges. A lawyer for the hikers also said an appeals court would release them on bail. Judges say they're still reviewing the plan to offer bail.
Moody's Downgrades Ratings Of 2 French Banks
The downgrade by Moody's Investors Service didn't come as a huge surprise. French banks hold a large amount of Greek debt and their shares have taken a beating in world markets lately. France is at the heart of the eurozone crisis because its banks are some of the most heavily invested in Greek debt.
Greece's Insolvency Has Eurozone Investors Panicking
European officials are struggling over a solution to a government debt crisis that's affected the European Union for nearly two years. The biggest source of panic is still Greece's government finances. But there are clouds over other countries as well — like Italy and Spain. Zanny Minton Beddoes of The Economist talks to Steve Inskeep about the financial crisis in the eurozone.
Target Offers Italian Designs At A Bargain Price
Target approached the high-end Italian design house Missoni with the idea of making a lower priced line of clothing and accessories to launch during Fashion Week. Missoni 's colorful zigzag knit dresses normally sell at places like Saks Fifth Avenue for $1,000 or more. Target rolled out its Missoni line, and frugal fashionistas stormed Target stores — scooping up the $55 dresses.