United States

S&P faces U.S. probe on mortgages

NEW YORK (CNNMoney) — Ratings agency Standard & Poor’s is being investigated by the U.S. Justice Department for allegedly overrating mortgage-backed securities, whose meltdown led to the 2008 financial crisis, according to two sources with knowledge of the investigation. The sources confirmed to CNN that Justice Department attorneys interviewed current […]

China, US underline cooperation and trust

BEIJING – Amid doubts over the prospects of a harmonious China-US relationship, the world’s two largest economies delivered strong messages of cooperation during US Vice-President Joe Biden’s visit to Beijing. “In facing a complicated and fast-changing world, cooperation is the only correct choice for the two countries,” Chinese Vice- President […]

A Christian Plot for Domination?

Courtesy: The Daily Beast Michele Bachmann and Rick Perry aren’t just devout—both have deep ties to a fringe fundamentalist movement known as Dominionism, which says Christians should rule the world. by Michelle Goldberg | August 14, 2011 10:51 PM EDT With Tim Pawlenty out of the presidential race, it is […]