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Speaker of the House John Boehner, R-Ohio, and the House GOP leadership speak to reporters after a closed-door meeting on avoiding a potential debt crisis, at the Capitol in Washington, Tuesday, Jan. 22, 2013. (AP Photo/J. Scott Applewhite)

House votes to defuse debt limit crisis

Andrew Taylor, Associated Press
WASHINGTON (AP) - The House overwhelmingly passed a bill Wednesday to permit the government to borrow enough money to avoid a first-time default for at least four months...
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Singer Mary J. Blige (L) and husband Kendu Isaacs arrive at the 'Precious: Based on the Novel Push by Sapphire' pre-party during the 2009 Toronto International Film Festival held at the ROM (Royal Ontario Museum) on September 13, 2009 in Toronto, Canada. (Photo by Jason Merritt/Getty Images)

Mary J. Blige faces lawsuit for defaulted loan

Marquise Francis
theGRIO REPORT - R&B singer Mary J. Blige and her husband face a $2.2 million dollar lawsuit stemming from a defaulted loan from Signature Bank, according to Reuters...
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bama-boehner.jpg

What is the 'fiscal cliff' anyway?

Andrew Taylor, Associated Press
WASHINGTON (AP) - So just what is this 'fiscal cliff' that has the financial markets rattled and economists and policymakers alike in a tizzy over the potential for sending the economy into another tailspin?...
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Postal service is nearing default as losses mount

theGrio
NEW YORK TIMES - The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today...
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