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Foreclosed Homeowners Getting Back In The Market
Most lenders require borrowers to wait seven years before securing a new mortgage after losing a home to foreclosure. But in the wake of the housing crisis, millions of families have a recent foreclosure on their record — and some are finding ways to buy a new home in as few as three years.
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•
4:47
Health Care Cuts Are Coming: Here's Where Liberals Say You Can Slice
As the White House and Congress debate taxes and entitlement reform, an influential liberal think tank is offering what appears to be an olive branch: a plan to squeeze savings out of Medicare — long a target of GOP cuts — that Democrats can support.
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4:23
General Allen Says He Will 'Fully Cooperate' With Investigation
Through a lawyer, Allen, who is ensnared in the sex scandal that forced the resignation of the CIA chief, said he hopes to answer questions "as completely and quickly as possible."
As Xi Jinping Takes Top Post In China, Hopes Of Reform Fade
He was elected general secretary of the Communist Party of China early Thursday morning. But those hoping for change in China say the make-up of the party's elite makes it unlikely major reforms will come anytime soon.
Obama's Visit To Myanmar: Too Much, Too Soon?
Some argue the first visit by a sitting U.S. president to the country also known as Burma is too much reward for not enough political reform. But analysts say the trip could be a success if it focuses on the work still to be done.
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3:47
Studies Examine Effect Of Tax Increase On Wealthy
Republicans claim President Obama's plan to raise taxes on the wealthy will cost the economy 700,000 jobs. Another study from the Congressional Budget Office puts the number of lost jobs as 200,000. But both studies also assume millions of new jobs will be created.
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3:30
In Israel And Gaza Strip: More Explosions, Deaths On Both Sides
As the airstrikes on Gaza continue and more rockets are fired into Israel, there's concern about an all-out war. More than 10 people have been killed in Hamas-controlled territory in the past two days. At least three Israelis have died on the other side.
Superstorm Sandy Sends Jobless Claims Up Sharply
The storm threw some people onto unemployment rolls and shut down some state offices the previous week — meaning some laid-off workers couldn't file their claims until last week.
A Peek Inside Rappers' Brains Shows Roots Of Improvisation
Scientists have found rappers and jazz musicians use their brains in similar ways when it comes to improvisation. Brain scans show distinct differences in which parts of the brain are most active during rap performances of memorized pieces compared with those that are done freestyle.
Update: United Airlines Says It's Back In Operation
The airline's third major computer outage since June disrupted travel for thousands today. A couple hours after reports of the problem, United said it was getting back in the air.
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