It was a major accomplishment in Chicago that teachers who used to walk out frequently had, for the past 25 years, managed to avoid a strike. But it's not surprising, many experts say, that things would fall apart now.
"I think it is a perfect storm," says Tim Knowles, head of the University of Chicago's Urban Education Institute. He says issues in Chicago — of tying teacher pay to student test scores, job security, longer school days and expanding charter schools, for example — are not unlike issues unions have grappled with in other cities, from New York to Los Angeles.
Republican presidential nominee Mitt Romney's proposal to overhaul the tax code continues to draw scrutiny.
Romney says it is possible to cut tax rates without driving the government deeper into the red, and that he can make up for the lost revenue by closing tax loopholes. But analysts have had a hard time testing Romney's claim because he hasn't offered many specifics.
When he was pressed by NBC's David Gregory this weekend to give an example of a loophole he would close, Romney didn't offer much detail.
To try to get a sense of what it really means to be the president of the United States, writer Michael Lewis spent six months in President Obama's shadow. Lewis hoped to find out just what it's like to be in the president's shoes — down to something as simple as how he decides what to wear every day.
Egyptians have been struggling economically since the revolution last year that ousted President Hosni Mubarak. The Egyptian pound has remained relatively stable, though, because the central bank shored it up through foreign reserves, which prevented food prices from skyrocketing.
But despite increasing political stability, concerns about the currency remain.
The market has been volatile since Mubarak was ousted, swinging up and down with Egypt's political unrest.