E-book sales continue to climb. But the popularity of digital titles is forcing publishers to ask some thorny questions about pricing, negotiations with writers and the future of the publishing industry.
The federal bailout program will end up costing taxpayers at least 85% less than expected, according to the Treasury Department, which estimates a bill of $30 billion to $50 billion. The Congressional Budget Office initially expected the program to cost $350 billion.
Next spring, the First Family will begin to receive solar electricity and solar-heated water from a new solar system that will be installed on the roof of the White House as part of the Obama administration's effort to showcase American solar technology.
House Democrats may help overrule President Barack Obama by voting to extend George W. Bush-era tax cuts on investment income beyond this year, the Associated Press reported.
According to a Pew Research Center poll, 40% of Americans believe that the expiration of tax cuts for the wealthy would hurt the economy, while only 26% think it would help.
Senate Republicans will likely block President Barack Obama's plan to effectively increase taxes for the wealthiest U.S. citizens by allowing a tax cut enacted by George W. Bush's administration to expire at year end.
Despite -- or probably partly because of -- a considerable public outcry, Tony Blair's memoir is doing brisk business on both sides of the Atlantic. Will George W. Bush find similar success with his book later this fall?
Recognizing that voters are worried about the economy, President Obama is offering an olive branch to his critics with a $50 billion infrastructure plan and a deal to make the R&D tax credit permanent. Conservatives say it's too little too late, but the game is far from over for the Democrats.
Since George W. Bush gutted regulations on the for-profit education industry, it has reaped huge profit growth, while appalling percentages of its students drop out with no degrees and big debts. Reregulation could lead those profits to plummet.
Here's an early peak at the books everyone will be talking about in the autumn. There are works by George W. Bush, Tony Blair, and Maria Bartiromo, among many others, in what promises to be a busy publishing season.
