Mayor Dave Bing hopes long-term solutions to Detroit's problems arise from the National Summit being held in the city, but said short-term financial help likely only will come from the federal government.
A new consumer protection agency highlights a financial system overhaul President Barack Obama plans to unveil Wednesday in effort to avert future economic crises like the one still wreaking havoc at home and around the globe.
Federal Reserve Chairman Ben Bernanke on Wednesday urged financial institutions that specialize in community development and banking to the poor to take steps to ensure they emerge from the financial crisis stronger.
Hundreds of thousands of people lined the streets of Gabon's capital Tuesday to say farewell to late President Omar Bongo, whose flag-draped coffin was paraded through the heart of a nation he was accused of pillaging during four decades of rul
Supreme Court nominee Sonia Sotomayor is defending her membership in an elite all-women's club, telling senators the group doesn't discriminate unfairly by gender and involves men in many of its activities.
Citing recent killings in Arkansas, Kansas and the nation's capital, Attorney General Eric Holder on Tuesday said new hate crimes law were needed to stop what he called "violence masquerading as political activism."