President Obama signs the financial reform bill into law in 2010 as Vice President Joe Biden and lawmakers look on.
Standard & Poor's moved to downgrade housing lenders Fannie Mae, Freddie Mac and a handful of insurance companies Monday — all in connection to Friday's credit downgrade of long-term U.S. debt.
There's a lot of speculation about how much these risk downgrades are weighing on stock markets, and whether they will continue to ripple through the economy. But, there are systemic reasons ratings matter less than they have in recent years.
Conventional wisdom says a U.S. downgrade would make Treasuries riskier. It would make yields — or interest rates — rise.
Besides what the sex of the baby is, one thing that I'm constantly asked is how much time I'm taking off when I give birth to my baby. I'm due at the end of November.
In the U.S., federal law allows men and women to take three months. Some work places will allow for more, unpaid. But the law doesn't mandate that companies pay anyone time to spend with their babies — and many people simply can't afford to take time off.
Credit Robin E. Bell / Lamont-Doherty Earth Observatory
Scientists have found evidence that parts of North America and East Antarctica were joined in a supercontinent called Rodinia 1.1 billion years ago.
Scientists have long thought that Earth's continents once formed a "supercontinent" called Pangaea. Now they've found evidence that parts of North America and East Antarctica were joined in a supercontinent called Rodinia 1.1 billion years ago — even earlier than Pangaea.
"I can go to the Franklin Mountains in West Texas and stand next to what was once part of Coats Land in Antarctica," said geochemist Staci Loewy, who led the work. "That's so amazing."
Snake charming is a dying art in India. Here, a man named Buddhanath is shown at a New Delhi market during Nag Panchami, the yearly religious festival in honor of the king cobra. The charmer plays a gourd flute and his snake responds.
Credit Courtesy Wildlife SOS
Kartick Satyanarayan, of the animal rescue group Wildlife SOS, holds a rat snake. The group says it is trying to retrain traditional snake charmers and use their skills to remove danerous snakes from populated areas where they threaten people.
Snake charmers used to be a fixture at Indian markets and festivals, beguiling crowds with their ability to control some of the world's most venomous reptiles.
But one of India's iconic folk arts is fading away — and animal rights activists say it can't happen soon enough. They say it's an art based on cruelty.
These days, it's not easy to find a snake charmer, even on Nag Panchami, the yearly religious festival in honor of the king cobra, which fell on Aug. 4 this year.