The Obama White House is back to a teaching moment on race, once again playing the student. But the incident proves that nearly halfway through his term as the nation's first black president, Obama is still struggling to strike the right balance between taking a stand on race and leading the country past it.

WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that the outlook for the economy remains "unusually uncertain" but that the Fed plans no specific steps "in the near term" to try to fuel the struggling recovery.

WASHINGTON (AP) — Reveling in victory, President Barack Obama on Wednesday signed into law the most sweeping overhaul of financial regulations since the Great Depression, a package that aims to protect consumers and ensure economic stability from Main Street to Wall Street

WASHINGTON (AP) — Senate Democrats broke a GOP filibuster safely and set the stage for a vote Wednesday on legislation that would restore jobless benefits for millions of people unable to find work. After the Democratic-controlled Senate voted 60-40 on Tuesday to move ahead on the bill, approval became a formality. The measure would go to the House for a final vote and on to President Barack Obama

The Oakland, Calif. city council voted Tuesday to approve four large, city-licensed medical cannabis production plants

NEW ORLEANS (AP) — Scientists huddled Tuesday to analyze data from the ocean floor as they weigh whether a leaking well cap is a sign BP's broken oil well is buckling.

ATLANTA (AP) — A Black federal worker has resigned from a Georgia agricultural job after a video clip showed her saying she had not helped a farmer as much as she could have because he was White ... but officials seem to have ignored the larger message of racial tolerance that took place 24 years ago.

NEW YORK — Goldman Sachs Group Inc. said Tuesday its second-quarter net income dropped 83 percent to $453 million as trading revenue fell and the bank booked a charge for its settlement of civil fraud charges with the Securities and Exchange Commission.
The company's revenue fell short of expectations, following IBM Corp. and Texas Instruments Inc., which late Monday reported revenue that disappointed investors.

VIENNA, Austria (NNPA) – Phill Wilson, president and CEO of the Black AIDS Institute, has good reasons for describing AIDS as a Black disease.