Now that Bear Stearns has told investors in two of its high-profile hedge funds that their money's essentially gone down the subprime drain -- all $1.5 billion -- threats of lawsuits are flying. Alisa Roth reports.
Once upon a time, publishers would go the extra mile to help their first-time writers. But no longer. Sally Herships reports that the book party, which used to be a staple of the publishing industry, has largely vanished.
The country's big banks are making big money. Citigroup, Wachovia, Bank of America and SunTrust have reported strong profit growth. But a closer look shows some cracks in the system. Amy Scott reports.
Debate continues in Congress on the $250 billion farm bill. On Thursday, the House Agriculture Committee voted to end payments to the wealthiest farmers. Commentator Stephen Moore says it's a small step in the right direction.
The Senate has passed the Higher Education Access Act, which would direct more money to grants and student aid. If approved by the president, it's expected to make paying for college easier for students. Jeremy Hobson reports.
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