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Trying To Avoid Bailout, Spain Takes On Ailing Banks
With public coffers near empty, Spain is poised to inject public money into its banking sector and overhaul the industry. Spanish banks were hit worst when the housing bubble burst, and sour real estate loans threaten to derail the whole economy.
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3:45
'Freeman': A Liberated Slave In Search Of Family
The end of the Civil War marked a pivotal moment for slaves in America, but newfound freedom arrived as a bittersweet victory. Longing to find their displaced families, freed slaves placed classified ads in newspapers. In his new novel, Leonard Pitts Jr. explores the chaos of the era through a love story.
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4:56
Judge Dismisses DWI Charges That Forced Former FAA Administrator To Resign
A judge threw out charges saying Jerome "Randy" Babbitt had pulled over by police without reason.
Florida's Top University Official Asks FAMU To Keep Band Suspended
The letter came on the day that the embattled band director announced his retirement.
Romney, Boehner Message: It's Still The Economy (Not Gay Marriage), Stupid
Mitt Romney and Speaker John Boehner showed a determination Thursday to keep the election-year debate confined to the topic on which they believe President Obama has the greatest vulnerabilty — the economy.
Candidates Must Juggle Inconsistent Economic Data
Every day there's a new economic indicator. Some are up. Some are down. And all are spun by the political parties.
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5:42
Freddie Mac Names Retired JPMorgan Official CEO
Mortgage broker Freddie Mac named Donald Layton as its new chief executive officer. Layton worked for JPMorgan Chase for nearly 30 years before retiring in 2004.
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0:40
Alaska Man To Make Uninhabited Island His Home
Charles Baird will be alone on the island for one year. He'll able to send short text messages, but won't be receiving any. By freeing himself from all media, he expects to have enough time to make a documentary about himself.
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0:30
Obama's Fundraiser At George Clooney's Home Nets Record $15 Million
Guests — Barbra Streisand and Robert Downey Jr. among them — paid $40,000 a person.
JPMorgan's $2 Billion Loss, Explained
JPMorgan's "many errors, sloppiness and bad judgment" will hurt the bank's reputation and bolster support for rules limiting banks' ability to make speculative bets.
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