Politics

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President Barack Obama delivered a rousing speech Thursday to the National Association for the Advancement of Colored People, paying tribute to the organization's history and challenging its members to confront continued racial disparities.

Lawmakers grilled former Treasury Secretary Henry Paulson Thursday over the government's role in Bank of America's merger with Merrill Lynch, saying authorities withheld information about losses and intimidated bank executives into sealing the deal.

Question: How is the U.S. savings rate, which has gone from near zero percent in the past to 6.9 percent recently, determined? And a more elaborate question: Is it truly the difference between what is earned and what is…