AP - Supporters and opponents of California's ban on same-sex marriage were anxiously awaiting a federal appeals court decision Tuesday on whether the voter-approved measure violates the civil rights of gay men and lesbians.
Reuters - Beyond the reach of regulators, and about half the size of the world's banking industry, a thriving breed of "shadow banks" is emerging that could trigger the next chapter in the global financial crisis.
Reuters - A senior executive of the breast cancer charity Susan G. Komen for the Cure has resigned after a public outcry over the group's decision to cut funding to women's health organization Planned Parenthood.
Gulf monarchies joined mounting international pressure on the Syria regime on Tuesday, deciding to expel its envoys and withdraw their own over the "mass slaughter" of civilians.
Reuters - Delaware stands to leave up to $40 million in homeowner relief on the table, if it does not join a multi-state mortgage settlement, according to a letter from the state's banking commissioner seen by Reuters on Tuesday.
AP - Adm. Bill McRaven said Tuesday that special operations forces in Afghanistan are preparing for a possible expanded role as overall U.S. forces begin to draw down after a decade of war.
AP - A high-ranking official resigned Tuesday from the Susan G. Komen for the Cure breast-cancer charity after a dispute over whether the group should give funding to Planned Parenthood, according to a letter obtained by The Associated Press.
AP - Federal Reserve Chairman Ben Bernanke is urging senators to resolve debates over tax cuts that expire this month and at the end of the year, saying uncertainty around both could slow the economy.
AP - THE NEWS: Coca-Cola Co.'s fourth-quarter net income fell 71 percent in the fourth quarter, mainly due to a benefit it received last year buying North American operations of one of its bottlers.
AP - The entire staff at a Los Angeles elementary school is being removed while authorities investigate horrific allegations of sexual abuse by two of the school's teachers, one of whom is accused of blindfolding children, taping their mouths and photographing them in a classroom.
Reuters - Below are highlights from Federal Reserve Chairman Ben Bernanke's testimony on Tuesday on the state of the U.S. economy to the Senate Budget Committee. Bernanke's prepared testimony was virtually identical to testimony on Thursday to the House Budget Committee.
Reuters - Greece's government is preparing a document with a list of painful reforms needed to clinch a new financing package, a government official said on Tuesday, moving Athens one step closer to a deal needed to avoid a chaotic debt default.
AP - The New York Giants are celebrating their Super Bowl win with a ticker-tape parade in the Canyon of Heroes on Broadway, where the city has honored stars for almost a century.
AP - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.
Reuters - Stocks traded edged higher on Tuesday as investors awaited the outcome of discussions on a bailout package for Greece that would help the country avoid a chaotic default.
Attorneys general from more than 40 states have signed on to a proposed settlement agreement with five of the nation's largest mortgage servicers over "robo-signing" foreclosure processing abuses, ...
Reuters - President Barack Obama will seek $80 million in new funding for a program to boost science and math education in U.S. schools, the White House said on Tuesday.
Reuters - President Barack Obama will seek $80 million in new funding for a program to boost science and math education in U.S. schools, the White House said on Tuesday.
Reuters - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday.
Reuters - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday.
Time.com - Mitt Romney's advance toward the Republican nomination has provoked a lively conversation about what it means to be a conservative in America today.
Time.com - Whether or not Newt Gingrich can carry on a real campaign against Mitt Romney depends in large measure on his political guardian angel, the Las Vegas casino billionaire Sheldon Adelson
AP - Former Sen. Bob Kerrey said Tuesday he will not run for the Nebraska Senate seat he gave up more than a decade ago, shutting down hopes for a bid both parties called Democrats' best chance to hold the seat.
AP - Former Sen. Bob Kerrey said Tuesday he will not run for the Nebraska Senate seat he gave up more than a decade ago, shutting down hopes for a bid both parties called Democrats' best chance to hold the seat.
Gulf Arab states expel Syria's ambassadors, accusing Damascus of shunning Arab efforts to end months of bloodshed, as Russian officials visit President Assad.
AP - Before setting his house ablaze and killing himself and his two young sons, Josh Powell left a voicemail for family members saying he couldn't live without the boys and didn't want to go on anymore.
Reuters - The underperforming global economy should not be allowed to delay financial system reforms, a senior official at the Financial Stability Board (FSB), a global watchdog set up by the Group of 20 nations, said on Tuesday, adding that the FSB will propose new rules on so-called shadow banking by year-end.
Reuters - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.
Reuters - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.
ContributorNetwork - COMMENTARY | As reported in an article by the Sun Sentinel, two lawmakers in Florida, Rep. Scott Plakon, R-Longwood and Sen. Ronda Storms, R-Valrico, are attempting to pass legislation that would ban the use of food stamps to purchase soda, sweets, and junk food. While they feel that taxpayers shouldn't have to "foot the bill for Mountain Dew," a sentiment shared by many Americans, some people, including Plakor and Storms' fellow GOP colleagues, feel it's not up to the government to decide what people can and cannot eat.
ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.
Reuters - Coca-Cola Co reported better-than-expected quarterly results and announced a new cost-savings program on Tuesday that it will use to boost its brands and mitigate higher commodity costs.
AP - President Barack Obama's re-election campaign is asking top fundraisers to support a Democratic-leaning outside group that is backing his bid for a second term, reversing Obama's opposition to "super" political action committees that can spend unlimited amounts of cash to influence elections.
Reuters - At least two top 10 shareholders in miner Xstrata plan to vote against a takeover by commodities trader Glencore, threatening the creation of a powerhouse spanning mining, agriculture and trading.
Reuters - Given the state of the global economy, investors should be underweight equities while favoring "selected commodities" such as gold and oil for the "geopolitical risk", Mohamed El-Erian, CEO and co-chief investment officer of bond fund giant PIMCO, told CNBC on Tuesday.
AP - A political adviser to President Barack Obama said Tuesday the administration didn't intend to "abridge anyone's religious freedom" with its regulation requiring church-affiliated employers to cover birth control for their workers.
AP - A political adviser to President Barack Obama said Tuesday the administration didn't intend to "abridge anyone's religious freedom" with its regulation requiring church-affiliated employers to cover birth control for their workers.
AP - Greek party leaders will seek Tuesday a long-delayed agreement on harsh cutbacks that bailout creditors demanded to save the country from bankruptcy but which have fueled nationwide outrage — a general strike snarled public services and thousands of protesters took to the streets of Athens.
AP - Abandoned by her mother and missing a father in prison, Alyssa Bustamante had plunged to the depths of depression before, once overdosing on a large bottle of painkillers, slicing her skin hundreds of times and carving the word "hate" in her arm. She recovered from her suicide attempt and was prescribed an antidepressant drug.
AP - Republican presidential challenger Rick Santorum is hoping that his weeks of criticism of GOP front-runner Mitt Romney will pay off Tuesday when Colorado and Minnesota hold nominating caucuses. Romney, in turn, is looking to continue his winning streak after back-to-back victories in Florida and Nevada last week.
AP - Prime Minister Vladimir Putin on Tuesday pledged to cut traffic privileges for officials, who routinely bypass Moscow's notorious traffic jams by ignoring basic rules of the road and even driving into oncoming lanes.
Reuters - Government spending for Medicare, Medicaid and other healthcare programs will more than double over the next decade to $1.8 trillion, or 7.3 percent of the country's total economic output, congressional researchers said on Tuesday.
AP - German industrial production fell 2.9 percent in December from the month before, according to official data released Tuesday, suggesting the country's economic slowdown could be worse than expected.
AP - Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.
States that balked at bank liability releases in a proposed $25 billion nationwide settlement over foreclosure practices must decide by today whether its mortgage relief and reforms are worth the legal claims they’ll give up.
More than 40 states have signed on to a draft settlement with the nation's largest banks aimed at helping homeowners struggling with loans bigger than the value of their homes.