New York's attorney general has sued JPMorgan Chase, alleging that a unit now owned by the banking giant fraudulently sold mortgage-backed securities in the run-up to the 2008 financial crisis.
The civil lawsuit filed Monday by state Attorney General Eric Schneiderman is the first to be brought by the RMBS Working Group – the task force formed by President Obama in January to pursue alleged wrongdoing at the time of the financial crisis.
The mandolinist Chris Thile, better known for his work with the bluegrass band Nickel Creek, and the novelist Junot Díaz, who won a Pulitzer for his novel The Brief and Wondrous Life of Oscar Wao, are among those awarded 2012 "genius" grants from the John D. and Catherine T. MacArthur Foundation.
The 23 MacArthur fellows will receive $500,000 over the next five years. They are allowed to do whatever they wish with the money, whether that's continue their work or change fields.
Syrian refugees gather amid olive trees in an area controlled by the rebel Free Syrian Army, in northern Syria near the Turkish border, on Sept. 25. The area has become a way station for Syrian refugees pushed out of neighboring Turkey.
Credit Michel Moutot / AFP/Getty Images
Syrian refugees live under makeshift tents in the grounds of a school in Atme, a village controlled by the Free Syrian Army.
Long before the Syrian uprising, Antakya, Turkey, was a storied place. Once known as Antioch, the city was home to Greeks, some of the earliest Christians, Jews and Armenians. It once was a major stop on the Silk Road.
Most recently, the Turkish city became a hub for the Syrian rebellion. For many months, Turkish authorities tolerated Antakya's status, and even encouraged it. Turkey built refugee camps for tens of thousands of Syrians, and even one for officers who defected from the Syrian army to join the rebel cause.
Hear two new tracks from The Lighthouse and the Whaler
The Lighthouse and the Whaler is a band based in Cleveland, Ohio, though its name actually references the waters off the coast of Massachusetts. Originally, Michael LoPresti and Aaron Smith were its only members, and the very first song they wrote together, "The Field Song," ended up picked for a Paste sampler CD.
Supporters of Cambodian journalist Mam Sonando protest outside a Phnom Penh courthouse on Monday, when judges sentenced him to 20 years in jail for leading an alleged secession movement. Critics say the pro-democracy activist's case was politically motivated.
Credit STR/AFP/Getty Images
Supporters of Mam Sonando (shown here Monday after his conviction) say the pro-democracy activist drew the government's ire by trying to help farmers in eastern Kratie province protect their land. He also runs one of the few private broadcasters in the country that is critical of the government.
Credit Anthony Kuhn / NPR
Residents gather their belongings in a paddy field near Pro Ma village in eastern Cambodia's Kratie province. Farmers are being forced to move after their land was granted to a Russian agribusiness.
A court in Cambodia has convicted a prominent journalist and pro-democracy activist on charges of convincing villagers in eastern Cambodia to rise up and declare independence from the country. Civic groups say the case is part of a worrying trend of government efforts to stifle freedom of expression, and attempts to take land away from farmers.
Hundreds of supporters vented their fury outside the courthouse Monday as judges sentenced Mam Sonando to 20 years in jail. Speaking before the verdict, his wife, Dinn Phanara, says the case was politically motivated.
Republicans are still within reach of a big political goal this year: retaking control of the Senate. They lost the majority in 2006, in part because of the razor-close victory of Democratic challenger Jon Tester in Montana.
Now, Tester is the incumbent facing a tough challenge of his own. And if he's going to win re-election, he has to turn out a lot of younger voters, the way he did in 2006. And on that front, he does have some allies.
Let's say you're pushing 115 mph on the highway, racing neck and neck with a Chevy Camaro — in an online video game, of course.
Right as you're pulling into the lead, you notice a billboard pop up on your TV screen. Early voting has begun? Voteforchange.com? Whoa, keep your eyes on the road!
This is Need for Speed: Carbon, one of 18 games that the Obama campaign advertised in during the 2008 campaign. This year, President Obama is back at it, running ads in Madden NFL 13, on the free online game site Pogo.com, and in mobile games like Tetris.
Here's something President Obama and Mitt Romney agree on: America's tax system is too complicated. Both men have outlined changes that are broadly similar, but with some important differences.
Today's tax code is like a department store, where the price tags are high, but there are lots of coupons, sales and weekend specials. That creates some inequities. Just as shoppers can pay different prices depending on which day they buy, taxpayers with the same income can pay very different rates depending on which deductions they qualify for.