PR Watch - The Consumer Financial Protection Bureau (CFPB) throws open its doors to consumers this week, officially starting its mission to safeguard Americans from overly complex financial products and malignant banking practices. The bureau is the culmination of a national grassroots effort to hold the big banks accountable for the 2008 economic collapse caused by Wall Street's insatiable appetite for dangerous mortgage products. Millions of Americans signed petitions to create the bureau and new polling shows that 74% of Americans think it is a terrific idea. Read more.
Levels in Lake Mead – the largest US reservoir by volume – fell to historic lows on Thursday, as the region continues to face the effects of a devastating prolonged drought. Read more .