Today Treasury Secretary Henry Paulson gave an update on the government’s $700 billion financial rescue package. Of the initial $350 billion that Congress freed up, all but $60 billion has been promised.

Federal officials say hundreds of thousands of homeowners will get help making their loans affordable, under a new mortgage modification program announced yesterday.

President Elect Barack Obama has vowed to close Guantanamo bay as President. Now his legal advisors are busy trying to figure out how to make this happen.

Should Joe Biden follow the Dick Cheney model for the Vice Presidency? Or are there better ways for him to serve the Obama White House as it takes up a full domestic and foreign policy agenda?

The number of convicted felons asking the President for pardons and commutations is at a historic level--more than 23 hundred petitions filed by this July.

Food Network star Ina Garten has won legions of fans with her books and her show "The Barefoot Contessa."