On Wednesday, a Nevada judge fined the now-defunct grassroots community organizing group ACORN the maximum $5,000 amount for its part in a voter registration compensation scheme during the 2008 election cycle.
On Thursday, a report released by the United States Department of Commerce showed that the U.S. trade deficit suddenly widened in June. But the trade deficit may not be as dire as it sounds.
Conventional wisdom holds that the more education one has, the more likely he is to question his faith or stop attending church. However, a recent University of Nebraska-Lincoln study, soon to be reported in Review of Religious Research, found that higher education may actually have a positive impact on one’s faith.
Former Massachusetts Governor Mitt Romney’s campaign has aimed its attacks solely on President Barack Obama since its inception, and that strategy seems to have paid off, in a way: Obama’s campaign is now focused on attacking Romney, although Romney has not received the GOP nod.
Former Vice President Al Gore spoke at an Aspen Institute media forum on Thursday, discussing a subject with which he has become synonymous: global warming. He gave a heated speech against corporations paying “pseudo-scientists” to muddy the waters in the climate change debate.
International markets were anxiously waiting to see what answers Chairman Ben Bernanke and the United States Federal Reserve’s Federal Open Market Committee would offer after their policy meeting Tuesday. The Fed has decided to keep interest rates low for two more years.
On Saturday, Texas Governor Rick Perry will give a speech from South Carolina, in which he will make clear his intention to seek the Republican nod for the 2012 Presidential nomination, CNN reported. The previously undeclared Perry has enjoyed high name recognition and favorability among Republicans and Republican-leaning Independents, according to Gallup.
The price of gold topped $1,700 an ounce Monday, as investors continue to place their confidence in metals over currencies. The European Central Bank had attempted to allay fears by widening its bond-buying programs to include Spain and Italy, but traders remain nervous.
Saturday’s straw poll in Ames, Iowa, and the Fox News-hosted debate on the Thursday preceding it are certain to shake up the field of candidates seeking the 2012 Republican Presidential nod. Many believe that emerging victor will be Representative Michele Bachmann (R-Minn.).
On Friday, Standard & Poor’s Ratings Services (S&P) lowered its long-term sovereign credit rating on the United States from AAA to AA+. “The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics,” read a report released by the ratings agency.