This week, the U.S. Census Bureau announced that in the first quarter of 2012, the American homeownership rate hit its lowest level in 15 years. During the housing boom, millions more Americans bought homes, bumping the rate to nearly 70 percent. Now, that buying spree has been replaced with millions of foreclosures, and most of those gains have been lost.
In the tight U.S. Senate race in Massachusetts, Democrat Elizabeth Warren has been playing defense because of allegations that she used her Native American heritage to advance her career.
Warren, the likely Democratic challenger to incumbent Republican Scott Brown, says she did not know that Harvard Law School touted her as a member of a minority group back in the 1990s, when the school's faculty came under criticism for being too white.
But Warren says that when she was growing up in Oklahoma, her family always told her that she's part Cherokee.
Europe's economic crisis has been driving leaders from power, one after another. Among those toppled was George Papandreou, who stepped down as the prime minister of Greece last November, just two years into his government's four-year term.
Richard Grenell, a long time Republican hired by Mitt Romney's campaign as a foreign policy spokesman, resigned today. Grenell's hiring made news less than two weeks ago, because Grenell is openly gay.
On the one-year anniversary of the killing of Osama bin Laden by U.S. Navy SEALs, there were two contrasting scenes to consider.
One was of President Obama in Afghanistan on a surprise visit, speaking to U.S. troops as their commander in chief in the nation whence the SEALs departed for their successful raid into Abbottabad in neighboring Pakistan.