The Consumer Price Index is one of the most familiar measures in economics and politics. But some in Washington want to change the way the index is calculated to better reflect people's shopping habits.
While the proposed change is described as a technical fix, it could also cut the federal deficit by hundreds of billions of dollars over the next decade.
This monitor screen image shows a graphic of the orbit of the satellite carried by the Unha-3 rocket, which North Korea launched this week. The image is from the Korean Central News Agency, distributed in Tokyo by the Korea News Service.
Rep. Henry Waxman, D-Calif., speaks Tuesday at a news conference calling for no reduction in the Medicare and Medicaid budgets, as part of the year-end budget talks on Capitol Hill in Washington. Waxman said he does not support means testing for Medicare.
When it comes to reducing Medicare spending, asking wealthier seniors to pay more is one of the few areas where Democrats have shown a willingness to even consider the subject.
"I do believe there should be means testing. And those of us with higher income in retirement should pay more," said Sen. Dick Durbin, D-Ill., on last Sunday's Meet the Press. "That could be part of the solution."
There are more species of insects than pretty much anything else in the world. And scientists know there are millions they haven't even identified yet. Now, in a tropical rainforest in Panama, a multinational team of scientists has just completed the first ever insect census.
Scott Miller, an entomologist at the Smithsonian who worked on the Panama, shows off one of the species from the survey that's at the National Museum of Natural History's insect zoo in Washington, D.C.
Allegations of the existence of a secret network of doctors and nuns who stole newborn babies and sold them for adoption are reviving a dark chapter in Spain's recent history.
More than 1,000 people have gone to court hoping to track down sons and daughters or brothers and sisters they were told died in childbirth.
In Madrid's Puerta del Sol square last month, Antonio Iniesta stood next to a poster with the words bebes robados (stolen babies). His demonstration is intended to publicize his search for a brother he's convinced is alive.
Parents in one small California community have used a "parent-trigger" law for the first time to shut down and take over an elementary school. It's a revolt led by parents who say the school has failed their children, but others say it's not the school's fault.
The school is in tiny Adelanto, Calif., home to several prisons connected by desolate stretches of highway on the fringes of the Mojave Desert.
Airs Thursday, December 13 at 9:00 p.m. Tune in to hear banjoist Bela Fleck with pianist Marcus Roberts and his trio, live from Savannah in their debut performance together. The history of the banjo in jazz dates back to the earliest ensembles of the 20th century in New Orleans, when banjo players were occasionally the star of the band. Over the next 100 years, however, the banjo changed within American musical culture, gradually falling out of favor as a primary instrument within a jazz band. In the spring of 2011, the Savannah Music Festival premiered a project featuring banjoist Bela Fleck with pianist Marcus Roberts and his trio. The results proved that the banjo has always been a wonderful solo instrument in jazz, particularly in the hands of a great improvisor like Bela Fleck. Tune in to hear Marcus Roberts on piano, Jason Marsalis on drums, Rodney Jordan on bass and Bela Fleck on banjo, live from Savannah in their debut performance.