Fed extends economic stimulus, ready to do more
WASHINGTON - The Federal Reserve on Wednesday extended its latest monetary stimulus and sharply downgraded its forecasts for U.S. economic growth, saying it was prepared to take further steps to help the faltering recovery if needed. Full Article | Video
House panel votes Holder in contempt of Congress
WASHINGTON - A U.S. congressional panel voted on Wednesday to charge Attorney General Eric Holder with contempt of Congress after the Obama administration invoked executive privilege for the first time since coming to office, withholding some documents related to a failed gun-running investigation.
Midwest farm town transformed by immigration
BEARDSTOWN, IL - The small town of Beardstown, which first had to adapt to one new language - Spanish and a mostly Mexican culture - is again being transformed by dozens of new cultures as a crackdown on illegal immigration continues. Full Article | Related Story
Microsoft's new phone software tied to Windows
SEATTLE - Microsoft's new phone software will be built on the same core as its new upcoming PC and tablet operating system, bringing the company one step closer to unifying its Windows franchise across a full range of screens that are revolutionizing computing. Full Article | Video
The Supreme Court, healthcare and your wallet
WASHINGTON - Within a week, the Supreme Court is likely to rule on the landmark health care law that President Obama made the centerpiece of his first term in office. And while the political ramifications could be dramatic, the financial impact on Americans may be less severe. Full Article
Soda taxes can be used to fight obesity: doctors
CHICAGO - America's largest physician organization recommended that taxes levied on sugar-sweetened sodas be used to fight the country's growing obesity crisis. Full Article
Sprinter's shoe may be good for gold
A custom-made running shoe that its designer claims is the world's lightest, and promises to shave fractions of a second off a sprinter's race time, was displayed as part of a design exhibition in London this week. Video
U.S. claims Tyrannosaurus skeleton was stolen
NEW YORK - U.S. authorities filed a lawsuit in New York seeking to return to Mongolia a 70-million-year-old piece of the Central Asian nation's cultural heritage - fangs and all. Full Article
Greek coalition takes power, promises to revise bailout
June 20 - A conservative-led government takes power in Greece Wednesday, promising to negotiate softer terms for its international bailout. Deborah Lutterbeck reports.
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First heat wave of summer
A heat wave bears down on the East coast on the summer solstice, which is the longest day of the year and the official start of summer.
Can the rest of Europe stand up to Germany?
One country poses an existential threat to Europe – and it is not Greece, Italy or Spain. Every serious proposal to resolve the euro crisis since 2009 has been vetoed by Germany, and this pattern looks likely to be repeated next week. Commentary
America's long slope down
A broad swath of official economic data shows that America and its people are in much worse shape than when we paid higher taxes, higher interest rates and made more of the manufactured goods we use. Commentary
Scratching the Surface: When is a tablet not a tablet?
The notion that “The Surface” – Microsoft’s new tablet PC unveiled Monday – will take on Apple’s iPad is misguided. Microsoft's new product isn't challenging the iPad. It's challenging the MacBook Air. Full Article
Of morals and markets
Are markets crowding out morals, as philosopher Michael Sandel claims? Not at all. Justice is becoming more important, and markets and money less, in everything from marriage to wages. Besides, money does more good than harm. The Marxist idea of monetary alienation is confused. Commentary
A solution for underwater mortgages: Eminent domain
To revive the nation's sluggish housing market, principal writedowns are going to be necessary. But who is best positioned to do them? Cities, using their power of eminent domain. Commentary
Why not an "intelligent" infrastructure plan?
The future of infrastructure in the U.S. is about achieving system performance rather than always adding raw capacity. Technology is leading the way to what could be a plan for intelligent reform. Commentary
Playing charades with Jamie Dimon
Breakingviews editors discuss why JPMorgan boss Jamie Dimon’s second appearance before lawmakers was a serious distraction from the bigger issues confronting the country. Video
Romney campaign fends off immigration questions
WASHINGTON - Mitt Romney's campaign fended off questions on immigration policy as the Republican challenger scrambled for a response five days after President Barack Obama's relaxation of immigration policy drew accolades from Hispanic voters. Full Article
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Europe's power brokers
As the crisis in Europe continues, Reuters profiles a series of key players who hold the future of the continent in their hands. Full Coverage