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How A Community Bank Tripped On Footnote 1,861 Of The Volcker Rule
An obscure provision in the finance overhaul is causing problems for small banks. It turns out, it's hard to figure out which risks banks should be allowed to take.
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3:27
Budweiser's 'Puppy Love' Ad Wins Super Bowl Viewers' Hearts
The game didn't go as predicted, but the ad war did. For the second year in a row, Bud won over viewers, using a cute puppy and photogenic Clydesdales to sell beer.
Congress Sends 5-Year Farm Bill To White House
With a vote of 68-32, the Senate approved a sweeping farm bill Tuesday that will set rules and practices for American agriculture. The bill does away with controversial direct cash payments made to farmers under a subsidy system, replacing it with crop insurance.
Senate Fails To Advance Unemployment Bill, Again
The bill would have restored unemployment benefits to 1.7 million Americans, who have been out of work for the long term.
New Mexico's High Court OKs Same-Sex Marriage
The state's Supreme Court unanimously ruled to validate a practice that had started on the county level in the absence of a specific state law.
New Year's Eve: Dubai Puts On A Record-Setting Fireworks Show
Organizers of what is expected to be certified as the world's largest fireworks display ever put on a show in Dubai that was seen by thousands Tuesday, as viewers turned out to celebrate the new year and watch a huge spectacle.
NSA Reportedly Collected Millions Of Phone Texts Every Day
A presentation slide cited by The Guardian is subtitled "SMS Text Messages: A Goldmine to Exploit." The top secret Dishfire text-collection program was reportedly both global and arbitrary.
Side Effect Of Legal Pot: Police Budgets Take A Hit
Some states view legalizing marijuana as a way to find new tax revenue. But decriminalization can also remove a strong funding source for police: property forfeitures from drug dealers.
Larry Flynt Seeks To Block Execution Of Man Who Shot Him
Joseph Paul Franklin, who shot the porn publisher in 1978, is scheduled to die Nov. 20 in Missouri. Flynt is seeking to block the execution through legal and public relations means.
Despite Western Efforts, Afghan Opium Crop Hits Record High
The U.N.'s 2013 Afghanistan Opium Survey also said production in 2013 rose 49 percent over 2012 levels. The increased production comes as international troops prepare to withdraw from the country in 2014.
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