Liberal pundit James Carville explains why class matters in this year's presidential election in his new book, ''It's the Middle Class, Stupid!''

About a month back, the Federal Election Commission approved a proposal to allow campaign contributions via text message. Both Obama and Romney camps have showed their support for the plan. But now Reuters is reporting that wireless carriers in the country might not be so easy to convince.

Ahead of what's billed as a major speech by Barack Obama in Cleveland, democratic strategists want the president to change his message to acknowledge slow growth.

The change gives federal candidates a new way to tap into small donor networks, but questions about how much money it will bring in remain.