The nearly bankrupt U.S. Postal Service on Thursday reported losses of $57 million per day in the last quarter and warned it will miss another payment due to the U.S. Treasury, just one week after its first-ever default on a payment for future retiree health benefits.
Sherman Hemsley, the actor who made the irascible, bigoted George Jefferson of "The Jeffersons" one of television's most memorable characters and a symbol for urban upward mobility, has died. He was 74.
Currently enjoying its bicentennial, the War of 1812 occupies a musty, forgotten junk drawer in America's collective cultural consciousness, stuffed somewhere between the liberation of Grenada and the time Will Smith punched that extraterrestrial fighter pilot in the face.
The co-founder of a large Russian Internet company wants to invest in the types of robotics envisioned in "The Jetsons" _ that 1960s cartoon portraying a family from the future, with flying cars, robot maids and all sorts of push-button inventions.
Deputy Attorney General James M. Cole paid tribute Wednesday to five persons during a National Missing Children's Day ceremony at the Justice Department, presenting awards to a special agent, a detective, a 30-year veteran of the Postal Service, a prosecutor and a fifth-grader for their efforts in recovering and rescuing missing children.
After presiding over three consecutive years of trillion-dollar deficits, President Obama told an audience in New York on Tuesday not to believe critics who accuse him of running a "bloated government."
With financial losses mounting, the nearly bankrupt U.S. Postal Service is urging the House to quickly pass legislation that would give it wide authority to close thousands of low-revenue post offices, reduce labor costs and end Saturday delivery.
President Obama's budget would pile up an additional $3.5 trillion in debt over the next 10 years and shows the government's trust funds running out of money in 2020, Congress's official non-partisan scorekeeper said Friday.
More than a quarter-million U.S. Postal Service workers are eligible for retirement, and a restructuring plan proposed Thursday relies heavily on getting many of them to quit.