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Updated: 2 hours 52 min ago

How a Memo Cost Big Banks $37 Billion

3 hours 6 min ago
A government lawyer’s discovery of a warning to J.P. Morgan officials about shaky mortgages jump-started the Justice Department’s probe of financial-crisis wrongdoing.

Obama Spells Out College-Ranking Framework

December 18, 2014 - 9:08pm
The Obama administration will spell out an ambitious college-rating plan on Friday that introduces new metrics to judge the nation’s roughly 5,000 colleges and universities.

U.S. Spy in Havana Exposed American Moles

December 18, 2014 - 8:39pm
Intelligence Officer whom President Obama singled out for prisoner exchange helped convict agents for Cuba in Washington.

U.S. Appeals Court Expands Gun Rights

December 18, 2014 - 8:23pm
A federal appeals court in Cincinnati deemed unconstitutional a federal law that kept a Michigan man who was briefly committed to a mental institution decades ago from owning a gun.

Amid Warren's Rise, a Democratic Split Becomes Apparent

December 18, 2014 - 8:20pm
A schism is emerging among Democrats over the party’s economic message, pitting those who favor policies that foster broad economic growth against others rallying behind Sen. Elizabeth Warren’s call for a focus on income inequality.

U.S. Struggles for Response to Sony Hack

December 18, 2014 - 8:14pm
The White House is walking a fine line in its search for a response to North Korea’s apparent hack of Sony Pictures, a breach that doesn’t align with the scenarios laid out in the government’s contingency plans for cyberattacks.

Panel Finds Deep Flaws at Secret Service

December 18, 2014 - 8:01pm
The Secret Service needs more training, staff and a leader from outside its ranks to run an organization that has been stretched beyond its limits and become too insular, according to a panel of outside experts.

White House Proposes Vetting Projects for Climate Change

December 18, 2014 - 6:57pm
The White House is calling on federal agencies to consider the climate-change impact of a wide range of energy projects that require government approval.

Pentagon Program Used Improper Intelligence Tactics, Probe Finds

December 18, 2014 - 6:30pm
A major Pentagon program responsible for reducing the danger posed by improvised bombs improperly gathered intelligence on American executives and firms working in South Asia, according to an investigation.

Medicare to Cut Payments to Some Doctors, Hospitals

December 18, 2014 - 6:25pm
More than 257,000 U.S. doctors will see their Medicare payments cut by 1% next year because they didn’t meet federal goals for using electronic medical records, said the Centers for Medicare and Medicaid Services.

Boston Bombing Suspect Appears in Court

December 18, 2014 - 6:18pm
Accused Boston Marathon bomber Dzhokhar Tsarnaev made his first public appearance in more than a year on Thursday, attending the final federal court hearing ahead of his scheduled trial next month.

Arson Caused Massive Los Angeles Fire, Investigators Say

December 18, 2014 - 5:53pm
Investigators determined arson caused a massive fire that destroyed an unfinished apartment complex in downtown Los Angeles on Dec. 8.

U.S. Weighs Response to Sony Hack

December 18, 2014 - 4:22pm
The U.S. is weighing a “range of options” to respond to the hack of Sony Pictures, U.S. Homeland Security Secretary Jeh Johnson said Thursday, but declined to say who the government believes is behind what it regards as “a very serious attack”.

Oil Plunge Brings Jitters to Texas City

December 18, 2014 - 3:51pm
Corpus Christi has ridden a rocket of a rebirth in recent years, propelled by a more than 30-fold increase in oil production at the nearby Eagle Ford Shale. But lower oil prices are taking a toll.

IRS: Tax-Filing Season Likely to Start on Time

December 18, 2014 - 1:08pm
The 2015 tax-filing season is likely headed for an on-time start, the Internal Revenue Service chief said Thursday, despite congressional negotiations over some tax provisions that lasted until mid-December.

Federal Prosecutors Set to Intervene in Rikers Civil-Rights Lawsuit

December 18, 2014 - 10:56am
U.S. Attorney General Eric Holder asked a Manhattan court to allow prosecutors to intervene in a class-action lawsuit against New York City over reports of widespread abuse of inmates at Rikers Island.

Christie Faces Pressure to Make Call on 2016

December 18, 2014 - 9:10am
Jeb Bush’s move to explore a White House bid is likely to complicate the path for New Jersey Gov. Chris Christie.

New York to Ban Fracking

December 18, 2014 - 8:29am
Gov. Andrew Cuomo’s administration said it would prohibit hydraulic fracturing statewide, citing health concerns and calling the economic benefits limited.

Fed Sets Stage for Rate Hikes

December 18, 2014 - 8:22am
The Federal Reserve took a delicate step toward raising short-term interest rates in 2015, but at the same time exposed its skittishness about signaling a historic move away from easy-money policies.

Obama Moves to Restore Ties to Cuba

December 18, 2014 - 7:25am
The U.S. and Cuba agreed to restore diplomatic ties after a half century of hostility, ending one of the world’s last Cold War standoffs and launching a realignment of the politics of the Americas.