President Obama's nominee to head the CIA was on Capitol Hill Thursday for a confirmation hearing. The Senate Intelligence Committee asked Gen. David Petraeus about many things, including Obama's decision to withdraw troops from Afghanistan. Petreaus also told the panel that to do the CIA job properly, he would retire from the Army.
It's the 25th anniversary of Pixar Animation and the studio is marking the occasion with a new Cars film. The original came out five years ago and was very successful. Cars 2 is so close to the heart of John Lasseter that he carved out time from being the creative czar of both Pixar and Disney animation to direct it himself.
The housing market is still languishing this summer, leading some economists to believe prices won't begin to recover until 2014. Even Federal Reserve Chairman Ben Bernake says the market may be worse than most people thought.
This is due in large part to something economists call the shadow inventory — or the number of houses that will soon be up for sale.
On any given day in just about every city in the country, auctioneers are standing on the front steps of homes selling off foreclosed properties. Often no buyers even show up, and the bank takes the house.