A German official says Greece should temporarily cede sovereignty over tax and spending decisions to a powerful eurozone budget commissioner to secure further bailouts.
The official said Saturday the proposal is being discussed among the 17-nation currency bloc's finance ministers because Greece has repeatedly failed to fulfill its commitments under its current €110 billion ($145 billion) lifeline. Read More
A federal judge on Friday sentenced "Barefoot Bandit" Colton Harris-Moore to 6 1/2 years in prison for his infamous two-year, international crime spree of break-ins, and boat and plane thefts that ended in 2010. Read More
Aleeza Adelman teaches Jewish studies at a Jewish school, yet she considers herself a teacher whose subject is religion, not a religious teacher. She's rethinking how to define her job after a recent U.S. Supreme Court ruling left her wondering what could happen if she ever needed to defend her right to keep it. Read More
Some key numbers to know when filing your 2011 tax returns, according to the Internal Revenue Service:
—Each personal or dependent exemption is worth $3,700.
—$11,600 for married couples filing a joint return, and qualifying widows and widowers.
—$5,800 for singles and married individuals filing separate returns. Read More
The Internal Revenue has released the following statistics comparing the 2011 and 2010 tax filing seasons, as of Dec. 31, 2011. Read More
In an abrupt jolt to the White House, President Barack Obama announced Monday that chief of staff William Daley was quitting and heading home to Chicago, capping a short and rocky tenure that had been expected to last until Election Day in November. Obama budget chief Jack Lew will take over the job. Read More
Mitt Romney refused to be pinned down Wednesday on how Congress should break an impasse that threatens to raise taxes for 160 million workers — the latest pressing policy debate the Republican presidential hopeful has sidestepped. Rival Newt Gingrich, in contrast, castigated Congress for "an absurd dereliction of duty." Read More
Egypt's military leader promised a faster transition to civilian rule, saying Tuesday that presidential elections will be held by the end of June 2012. But the major concession was immediately rejected by tens of thousands of protesters in Cairo's Tahrir Square who responded with chants of "leave, leave" now. Read More
Tens of thousands of Egyptians rallied Friday in Cairo's Tahrir square with Islamists in the forefront to protest against what they say are attempts by the country's military rulers to designate themselves as the guardians of a new Egypt. It was one of the largest rallied in Egypt in recent months. Read More
Tens of thousands of Egyptians rallied Friday in Cairo's Tahrir square with Islamists in the forefront to protest against what they say are attempts by the country's military rulers to designate themselves as the guardians of a new Egypt. It was one of the largest rallies in Egypt in recent months. Read More