Wall St. Makes Fallback Plans for Debt Crisis  —  Lawmakers in Washington are racing to reach a deal to save the country from defaulting on its debt, but on Wall Street, financial players are devising doomsday plans in case the clock runs out.  —  These companies are taking steps to reduce …

Pawlenty clarifies Bachmann jab  —  (CNN) - Republican presidential candidate Tim Pawlenty walked back earlier criticism of rival Michele Bachmann's migraines on Wednesday, calling the attention over her headaches “a sideshow.”  —  “I think it's mostly a sideshow,” Pawlenty said on Fox News.

As debt talks intensify, Obama opens door to short-term hike in debt ceiling  —  View Photo Gallery — Debt-limit debate continues as clock ticks down: With the Aug. 2 deadline for raising the debt ceiling approaching, the maneuvering has shifted to the Senate.

Anita Perry encourages husband to run for president  —  AUSTIN, Texas — Gov. Rick Perry will need money, organization, staff and stamina if he runs for president.  —  But he appears to already have the support that's most important for the race — his wife's.

The Shuttle Ends Its Final Voyage and an Era in Space  —  The last space shuttle flight rolled to a stop at 5:58 a.m. on Thursday, closing an era of the nation's space program.  —  It was the 19th night landing at the Kennedy Space Center in Florida to end the 135th space shuttle mission.

Barack Obama's 2008 bundlers flee political ‘machine’  —  When Senator Barack Obama began running for president in 2007, a small handful of determined, inspired supporters found a new political calling.  A new group of professionals - from a San Juan jewelry story owner to a West Coast biotech executive …

The Gang of Six Disaster: The Worst Plan So Far  —  Confusion among congressional Republicans about their objectives in the debt-limit endgame has increased the possibility that they will stumble into a policy and political disaster over the next two weeks.  —  Only ten days ago …

Politico reporter who covered Palin quits for Democratic Party job  —  A Politico reporter who often penned stories about Sarah Palin and other Republicans has quit journalism to work with the Democratic Party in Arizona, sources tell The Daily Caller.  —  That reporter, Andy Barr …

Obama Maintains Sub-50% Job Approval in 10th Quarter  —  Too soon to say what 46.8% average approval portends for re-election  —  PRINCETON, NJ — President Barack Obama earned a 46.8% average approval rating in his 10th quarter in office ending July 19, essentially unchanged from the 9th quarter …

Out from under the anti-tax pledge  —  WITH A HANDFUL of exceptions, every Republican member of Congress has signed a pledge against increasing taxes.  Would allowing the Bush tax cuts to expire as scheduled in 2012 violate this vow?  We posed this question to Grover Norquist …

Jobless claims rise above expectations  —  (Reuters) - New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, pointing to a labor market that is struggling to regain momentum after job growth faltered in the last two months.

Allen West Says He Apologized to Wasserman Schultz  —  Freshman Rep. Allen West said Wednesday that he has apologized to Rep. Debbie Wasserman Schultz for calling her “vile, unprofessional and despicable” in an email.  —  “I just apologized,” West (R-Fla.) told a Huffington Post reporter.

Al Qaeda magazine pokes fun at fall of sexting pol Anthony Weiner  —  WASHINGTON - Even terrorists are making Weiner jokes.  —  In Al Qaeda's latest edition of its chilling e-magazine, “Inspire,” the terror network's Arabian Peninsula syndicate settles a score with former Queens Rep. Anthony Weiner …

Las Vegas resort sues tea party group over hotel bill  —  Some Tennessee tea partiers are in hot water with a Las Vegas gambling resort that's accusing them of skipping out on a big hotel bill.  —  On Monday Venetian Casino Resort, LLC., filed suit against Tea Party Nation Corporation of Franklin …

About Jonathan Weil  —  Curse the Geniuses Who Gave Us Bank of America: Jonathan Weil  —  Ask anyone what the most immediate threats to the global financial system are, and the obvious answers would be the European sovereign-debt crisis and the off chance that the U.S. won't raise its debt ceiling in time to avoid a default.

Sarah Palin is going to be a grandmother again.  Eldest child Track Palin married high school sweetheart Britta Hanson two months ago, and now we hear that Britta is pregnant.  The picture above of “Britta Pie,” which was posted on a Wasilla friend's Facebook wall, confirms the news she's expecting.

Mac OS X 10.7 Lion: the Ars Technica review  —  Mac OS X 10.7 was first shown to the public in October 2010.  The presentation was understated, especially compared to the bold rhetoric that accompanied the launches of the iPhone ("Apple reinvents the phone") and the iPad ("a magical and revolutionary device at an unbelievable price").

Sharpton Appears to Win Anchor Spot on MSNBC  —  After giving a nearly six-month tryout for the Internet talk show host Cenk Uygur, the cable news channel MSNBC is preparing to instead hand its 6 p.m. time slot to the Rev. Al Sharpton.  —  Mr. Sharpton's imminent hiring …

15 Years After DOMA, Hearing Reveals a Nation Transformed  —  It's hard to remember that now-foreign country, which was almost unrecognizably hostile to lesbians and gay men  —  To the cynical, the staged political theater of Senate committee hearings can seem tedious and predictable.

President calls debt crisis ‘self-created’  —  Washington (CNN) - As President Barack Obama sat down with television stations from three key political states, he said he is still hopeful the White House and congressional leadership will come to an agreement to raise the nation's debt ceiling but said politics is interfering.