Originally published on Mon January 7, 2013 6:26 pm
Ten of the nation's major mortgage servicing companies, including household names such as Bank of America and Citibank, have agreed to pay $8.5 billion to resolve claims that they abused some homeowners when they foreclosed on mortgages during the recent housing crisis, the Federal Reserve and the Comptroller of the Currency announced late Monday morning.
Secretary of State Hillary Clinton (at right, in front) in a photo released today (Jan 7, 2013) by the State Department. A spokesman says it was taken around 9:15 a.m. ET at a meeting with the department's assistant secretaries.
Originally published on Mon January 7, 2013 12:49 pm
After nearly a month of health problems that culminated with a stay in a New York City hospital for treatment of a blood clot in a vein between her brain and her skull, Secretary of State Hillary Clinton was back in her office Monday morning.
The State Department released a photo of the 65-year-old, soon-to-be-retired Clinton chairing a weekly meeting of assistant secretaries.
Originally published on Wed February 20, 2013 3:29 pm
The first voices I heard about Michael Haneke's Amour were essentially in complete agreement: beautiful, brilliant, almost unbearably depressing. Having seen it, I'm not sure I agree with that last part.
Originally published on Mon January 7, 2013 9:43 am
Bank of America announced this morning that it will pay the Federal National Mortgage Association (Fannie Mae) $3.6 billion in cash and will buy back $6.75 billion worth of mortgages to resolve claims related to mortgage-backed securities sold to Fannie Mae by the bank and Countrywide Financial Corp. (which BofA acquired in 2008.
Members of the boys basketball team from Dimond High School in Anchorage, Alaska, celebrate their 2012 state championship victory. Psychological research shows that sports camaraderie improves teenagers' mental health.
It's well known that routine physical activity benefits both body and mind. And there are no age limits. Both children and adults can reap big benefits.
Now a study published in Clinical Psychological Science, a journal of the Association for Psychological Science, explores whether certain factors may help to explain the value of daily physical activity for adolescents' mental health.
Protesters demonstrate outside a Starbucks coffee shop in London last month. Protests were held at Starbucks throughout the U.K. after it was revealed that the coffee chain had paid almost no corporate taxes for the last three years.
Credit Jacques Brinon / AP
French actor Gerard Depardieu arrived Saturday in Russia to meet with President Vladimir Putin. Putin offered Depardieu citizenship after the actor said he was leaving France to protest a new tax rate of 75 percent on incomes of 1 million euros and higher.
Credit Andrew Medichini / AP
During his New Year's address last week, Pope Benedict XVI decried "unregulated financial capitalism" as a source of global conflict.
Originally published on Sun January 6, 2013 10:17 am
As 2013 begins with wealthy Americans in line for bigger tax bills, they're not alone. Tax fairness takes the spotlight worldwide this year, as cash-strapped governments look to impose more of the burden on well-heeled companies, individuals and institutions, and to catch and punish tax cheaters.
This week, as the U.S. Congress averted a plunge off the fiscal precipice, British Prime Minister David Cameron sent a letter to leaders of the Group of Eight countries that make up about half of the world's economic output.
In Mexico these days, the majority of babies are born in hospitals. That hasn't helped reduce the number of maternal deaths, though. So health officials are re-making the centuries-old tradition of midwifery. They are betting a new kind of midwife, one trained in a clinical setting, can offer a solution.
Originally published on Sun January 6, 2013 8:55 am
Syrian President Bashar Assad addressed his country publicly for the first time in months on Sunday, maintaining his prior assertions that the violence estimated to have killed more than 60,000 of his citizens is the work of terrorists.
NPR's Peter Kenyon tells our Newscast Unit that Assad insisted he could win the battle. Kenyon reports:
Originally published on Mon January 7, 2013 6:54 am
Four people are dead inside an Aurora, Colo., home Saturday following a standoff with an "armed and dangerous" man holding hostages, police say. Aurora is the Denver suburb where a gunman opened fire in a movie theater last July, killing 12 and injuring many more.