The poverty rate among older Americans could be nearly twice as high as the traditional 10 percent level, according to a revision of a half-century-old formula for calculating medical costs and geographic variations in the cost of living.
Top executives at financial firms that have received the lion's share of federal aid during the credit crisis could reap millions of dollars thanks to stock options granted in 2009, according to a study released Wednesday.
The city that became a post-civil rights movement emblem of the political power held by African-Americans could have a white mayor for the first time in a generation — a possibility that has some in the black community scrambling to hold on to City Hall.
The government of this oil-rich African nation on Thursday declared the eldest son of the late dictator Omar Bongo the winner of weekend presidential elections, triggering a rampage in a coastal city and allegations of fraud.
The prosecution finished presenting witnesses Wednesday in the case of a woman accused of abusing six teenagers at Oprah Winfrey's school for poor South African girls, presenting a picture of a short-tempered, jealous young woman