Personal Finance News

Karl Rove-linked group launches $25M ad campaign

A conservative group linked to President George W. Bush’s former adviser Karl Rove is launching a massive ad buy across 10 battleground states accusing President Barack Obama of broken promises when it comes to jobs, the economy and cutting the deficit. Crossroads GPS, a 501(c)(4) group that is not required to disclose its donors,...
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Skechers will pay $40M for false shoe ads

WASHINGTON (AP) — The government wants you to know that simply sporting a pair of Skechers‘ fitness shoes is not going to get you Kim Kardashian‘s curves or Brooke Burke‘s toned tush. Skechers USA Inc. will pay $40 million to settle charges by the Federal Trade Commission that the footwear company made unfounded claims...
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Obama raises $44 million for campaign, Dems in May

WASHINGTON (AP) — President Barack Obama raised a combined $43.6 million in April for his campaign and the Democratic Party. Obama’s campaign says 400,000 donors contributed last month, including 169,000 who donated for the first time. Obama raised about $53 million in April. Campaign manager Jim Messina told supporters in a web video released...
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Rivals airbrush anti-Romney words

WASHINGTON (AP) — Remember Newt Gingrich calling Mitt Romney a liar? Michele Bachmann saying Romney’s unelectable? Rick Santorum calling Romney “the worst Republican in the country” to run against Obama? They’re hoping you don’t. And acting like it never happened — even though most of their words are just clicks away online. One by...
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Zimmerman medical report reveals injuries

A medical report compiled by the family physician of accused Trayvon Martin murderer George Zimmerman and obtained exclusively by ABC News found that Zimmerman was diagnosed with a “closed fracture” of his nose, a pair of black eyes, two lacerations to the back of his head and a minor back injury the day after...
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Leon Panetta demands fixes for fighter planes

Leon Panetta demands fixes for fighter planes

Defense Secretary Leon Panetta has demanded the Air Force take measures to make America’s most expensive fighter plane, the F-22 Raptor, safer for its pilots in light of an ongoing, potentially deadly problem with the plane’s oxygen system, a Pentagon spokesperson said today. As a recent ABC News investigation found, for more than four...
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Report: U.S. expands ties to Syrian rebels

WASHINGTON (Reuters) – Syrian rebels battling President Bashar al-Assad’s government are beginning to get more and better weapons in an effort paid for by Persian Gulf nations and coordinated partly by the United States, the Washington Post reported late on Tuesday. The report cited opposition activists and U.S. and foreign officials. Obama administration officials...
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