A retirement crisis is looming. As people live longer, one study finds that half of all households are at risk of coming up short on retirement money. And while many working households may feel they simply don't have enough to spare for retirement, experts say some of the biggest barriers to saving up are psychological.
One of the sharpest dividing lines emerging between President Obama and GOP presidential front-runner Mitt Romney is the budget introduced in Congress by Rep. Paul Ryan, R-Wis., with its sharp cuts in domestic spending and lower tax rates.
Both sides see it as a winning issue for the fall campaign. The Obama campaign likes to call it the "Romney-Ryan budget" — and Romney hasn't objected.
On the campaign trail in Wisconsin, Ryan was a constant presence with Romney before that state's April 3 Republican primary, which Romney won.
Originally published on Wed April 11, 2012 8:51 pm
Students wait to pass through a security checkpoint at the University of Pittsburgh's Cathedral of Learning on Tuesday. Security has tightened at the school after a string of false bomb threats on the campus.
Since mid-February, the University of Pittsburgh has received more than 50 bomb threats, and while they've all been false alarms, they have succeeded in disrupting campus life. Tighter security measures are now in place, but the threats continue, and students are wondering how they'll be able to make up class work and prepare for final exams.
A concert in Pyongyang in February 2012 commemorates the birthday of North Korea's late leader, Kim Jong Il. The backdrop shows a North Korean rocket that was launched in April 2009 — and was followed a month later by a nuclear test.
As North Korea reaches the final stage of preparations for a long-range rocket launch, concern is growing that it is in the early stages of preparing its underground test site for another nuclear explosion.
Pyongyang established the pattern three years ago when it tested a similar rocket and then followed it a month later with a nuclear test.
This time around, there may be a more urgent need to test a nuclear device. The bomb is very likely the result of a significant expansion of North Korea's nuclear weapons program.
President Obama has a chance to make fun of his opponents — and himself — when he addresses the annual White House Correspondents' Association gala later this month. Last year he joked about Donald Trump and the "birther" issue.
At the end of the month, President Obama will deliver a string of punch lines at the White House Correspondents' Dinner. It's an annual tradition, a chance for the man at the top of the pyramid to poke fun at his political opponents and himself.
Humor is an essential tool in any politician's kit — all the more so in an age of instant, constant media. It can disarm an opponent, woo a skeptical voter or pierce an argument. This year, both Obama and presumptive GOP nominee Mitt Romney are using it to try to win the upper hand in the presidential race.
A fisherman uses a lantern while dip-netting for elvers on a river in southern Maine. Elvers are young, translucent eels that are born in the Sargasso Sea and swim to freshwater lakes and ponds, where they grow to adults before returning to the sea.
There's a gold rush under way on the East Coast of the U.S. for tiny baby eels known as elvers. Fishermen in Maine and South Carolina are reaping profits upward of $2,000 per pound for the fish that are considered a delicacy in Japan.
Elvers have an almost ghostly appearance in the water — their bodies are a cloudy white, skinny as a cocktail straw and no longer than your finger. They look like tiny snakes as they squiggle through the water.
Butch Johnson competes in the 2010 U.S. National Target Championships in Hamilton, Ohio. Johnson is trying for his sixth Olympic Games this summer. When not competing, he manages an archery range in Connecticut. He keeps his Olympic medals under the kitchen sink.
Electric bluesman Joe Louis Walker is a living legend. He was strumming a guitar by age 8, and by 16 was on stage; he's released 23 albums over the course of his career. Given his formidable talent and prodigious supply of soul-stirring vocal inspirations, it's little wonder that Walker has become a blues-rock hero and award-winner. He's still going strong, as evidenced by his fierce new album, aptly named Hellfire.
A photo provided by the California Department of Corrections shows killer Charles Manson, 77, on April 4, 2012.
Convicted murderer Charles Manson, sentenced to life in prison for his role in the grisly deaths of seven people in 1969, will not be released from prison, California's parole board decided Wednesday. The hearing, which Manson did not attend, may have been the 77-year-old's last chance at freedom. His next bid for a parole hearing isn't likely to be heard until 2027.