When Benta Odeny was diagnosed with HIV, she started to protect her husband Daniel from the virus by taking antiretroviral medications. The same drugs also helped her give birth to an HIV-negative daughter, Angelia.
In the past five years, the Federal Reserve has created roughly $3 trillion out of thin air.
The Fed uses the money it creates out of thin air to buy bonds. The idea is to drive down interest rates, which encourages people and businesses to borrow and spend money. It's called quantitative easing.
Originally published on Wed December 18, 2013 5:42 pm
Michael Steinberg, a top portfolio manager at SAC Capital Advisors, has been found guilty of insider trading — the latest conviction stemming from a years-long federal investigation into the hedge fund's activities.
Steinberg was found guilty on five counts of conspiracy and securities fraud.
"Prosecutors said he traded on confidential information that was passed to him by an employee, who later admitted to swapping illegal tips with friends at other firms."
For more than a year, the Senate Intelligence Committee and the CIA have been engaged in a tug of war over the release of the so-called torture report.
Chairman Dianne Feinstein, a Democrat from California, says the $40 million, 6,000-page report demonstrates that CIA treatment of detainees was all but useless in terms of gathering actionable intelligence.
For its part, the CIA says the classified committee report contains significant errors and that no one at the agency was interviewed by Senate investigators.
Whether you love buying gifts or dread trips to the mall, good luck avoiding some kind of shopping during the holiday season. But I don't need the excuse of a holiday to get me to the stores. I'm obsessed with shopping.
The question is, am I a shopaholic? The technical term is "compulsive buyer," according to psychologist April Benson.
"Simply put," says Dr. Benson, compulsive buying is "when we spend so much time, energy and/or money shopping ... or even thinking about shopping and buying that it is impairing our life in a significant way."
Originally published on Thu December 19, 2013 4:24 pm
The Senate passed a two-year bipartisan budget deal aimed at easing automatic spending cuts and avoiding a government shutdown, following a House vote on the measure last week.
The vote by a simple majority was absent the partisan brinksmanship that has become a hallmark of budget deals in recent memory.
The appropriations committees in both chambers must now set in stone a $1.012 trillion fiscal 2014 spending bill before current spending authority expires. Congress also faces a spring 2014 to raise the debt ceiling — another potential partisan standoff.
Originally published on Wed December 18, 2013 5:12 pm
In a year that featured divisive fights over the budget, health care and presidential nominations, the United States Senate took a break from partisan bickering Tuesday night to get in the Christmas spirit.
Originally published on Wed December 18, 2013 5:31 pm
(This post was updated at 6:30 p.m. ET)
A panel looking into U.S. electronic surveillance activities in the wake of the Edward Snowden revelations has recommended removing the NSA's authority to collect and store Americans' telephone data.
The key recommendation was one of dozens that the panel put forward; however, it did not propose a wholesale scaling back of domestic spying by the National Security Agency and other intelligence branches.
The Obama administration's ambassador to the U.N. says this is a pivotal moment for the Central African Republic and time for the international community to take steps to prevent further atrocities there.
Samantha Power, a former journalist and Pulitzer Prize-winning author, is well-known as an advocate for humanitarian intervention. How she and the Obama administration handle the conflict in the CAR is a major test of that.