Jack Lew testifies before a House budget panel in 2011. The Senate Finance Committee is scheduled to consider Lew's nomination to be Treasury secretary on Wednesday.
J. Scott Applewhite/AP
Pedestrians pass the Dow Jones display ticker in Times Square on Wednesday in New York. U.S. shoppers spent cautiously this holiday season, a disappointment for retailers that slashed prices to lure people into stores and now must hope for a post-Christmas burst of spending.
Frank Franklin II/AP
Raj Rajaratnam, center, billionaire co-founder of Galleon Group, is surrounded by photographers as leaves Manhattan federal court May 11 after being convicted of insider trading charges.
HSBC has agreed to pay $1.92 billion to settle a multiyear U.S. criminal probe into money-laundering lapses at the British lender, the largest penalty ever paid by a bank.
Camden City Police Chief Scott Thomson says he has shooting investigations "backlogging like burglary cases." Half of his force was laid off last year, and the city says expensive benefits in the police union contract are preventing them from hiring more cops.