June 12, 2012 With signs that the economy is slowing, the Federal Reserve may take steps to help boost growth. But with the election season gearing up, the Fed's ability to act boldly may be restrained. That's because the monetary policymakers want to preserve the Fed's credibility as a nonpartisan entity.
June 12, 2012 After interviews with more than a dozen current and former executives at the bank, the newspaper concludes that it was warned about bets that would cost it more than $2 billion. A plan to roll them back wasn't properly implemented, the Journal says.
June 12, 2012 Baby Azaria's 1980 disappearance became international news after her mother was convicted of murder and Meryl Streep brought the story to the big screen. Now, a coroner has closed the case and agreed with the mom's explanation.
June 12, 2012 About half the cases came from United States citizens who were being exploited.
June 12, 2012 WKSULast time you slid into a booth at a diner or a local coffee shop, the waitress probably arrived with a standard-issue, thick, off-white mug. More than likely that mug came from East Liverpool, Ohio. The city's ceramics industry has faded, but an order from Starbucks has brought relief to workers at one factory there.
June 12, 2012 North Korea's recent hijacking of three Chinese fishing boats has shaken ties between China and its old ally, six months after the death of reclusive North Korean leader Kim Jong Il. Now, some Chinese want their government to take a tough stance with North Korea.
June 12, 2012 A renovation plan for the New York Public Library building on Manhattan's 42nd Street is being hotly contested. The plan calls for demolishing seven floors of stacks and moving many of the books to New Jersey. Supporters say the plan will salvage a strapped library system; critics say it will imperil the work of researchers.