A federal judge has nixed a $285 million settlement between Citigroup and the Securities and Exchange Commission. He said the deal was "neither fair, nor adequate nor in the public interest." The settlement dealt with Citigroup's handling of subprime mortgage debt prior to the financial crisis.
Peaceful voting in Egypt has given the country's stock market a boost. Cairo's market was closed on Monday when the landmark elections started. When trading opened Tuesday, the benchmark stock index surged more than 5 percent.
According to the latest Census, the wealthiest Americans saw huge jumps in their income, while the rest had their incomes go down. For a deeper understanding of the wealth gap, Steve Inskeep talks to Tyler Cowen, an economist at George Mason University, and Matthew Yglesias, who writes about economics for the website Slate.com.
The long running NBC comedy series The Office is about a group of workers employed by fictitious paper company Dunder Mifflin. The Wall Street Journal reports that an office supply website called Quill.com has struck a licensing agreement with NBC to sell copy paper using the fictitious brand name.
The housing crisis has stalled home building but apartment construction is undergoing a bit of a renaissance. There's now a huge pool of people forced to rent because they can't afford to buy a home, or they were a victim of foreclosure. In Denver, there aren't enough apartment vacancies.
The "Marching 100" is the nickname of Florida A&M's band. Controversy surrounds the band after one of its drum majors, Robert Champion, died after a possible hazing incident. The band's longtime director was fired, Champion's family has filed a lawsuit and the school has suspended the band indefinitely.
Because of the ability to cheaply process terabytes of information, companies can analyze all kinds of things that weren't possible before — like Decide.com's price prediction tool that exposes the surprising volatility of consumer electronic prices.
What do Facebook, Groupon and biotech firm Human Genome Sciences have in common? They all rely on massive amounts of data to design their products. Terabytes and even zettabytes of information about consumers or about genetic sequences can be harnessed and crunched.
Former Massachusetts Gov. Mitt Romney has been unofficially running for president for the better part of five years, and in that time, he has been asked about immigration over and over again. Now some of his rivals are arguing that his answers to the question have been inconsistent. And the issue blew up last week at a CNN debate on national security.
Former House Speaker Newt Gingrich said someone who has lived peacefully in the United States for many years with a family, a community and a job should have an opportunity to become a legal permanent resident.
PHOENIX — Pigs will probably fly in the Southwest before homebuilders stop constructing new homes here. But the types of homes people will need in the next 20 years might look very different.
We’re staying single longer. We’re having fewer children. We’re paying more for gas and utilities. Is it time to re-think the all-American suburb? Arizona State University graduate students in design and architecture think so.
