Dutch bank ABN Amro has agreed to be bought by Barclay's. As part of the deal, it will sell its Chicago-based LaSalle Bank to Bank of America. Sam Eaton reports.
A report by Social Security and Medicare trustees today triggered a funding warning — so President Bush will have to propose Medicare cuts to Congress next year. Jeremy Hobson reports.
Money for equipment and training. Money for recruitment and retention. Faced with a serious budget shortfall, National Guard and Reserve leaders are on the Hill today asking for the funding they'll need for the year ahead.
The House is set to approve a bill by the end of the week that would give shareholders greater say in CEO pay, but the bill's prospects of becoming law are bleak. It's opposed by the White House and many business groups.
Key Democratic congressional leaders are demanding that the Department of Education make immediate changes to the federal student loan program. Steve Henn reports.
A bill to allow Medicare to negotiate cheaper drug prices failed in the Senate today, as Democrats couldn't muster enough votes to break a Republican filibuster. Helen Palmer reports.
Tax filers using Turbo Tax and other software flooded computer servers Tuesday night, causing some customers to miss the midnight deadline. Our John Dimsdale shares the details with host Tess Vigeland.
The rich are rich enough, says commentator Ben Stein. He argues that America's wealthiest can afford to pay higher taxes so that America can afford to do more for the men and women serving in our military.
The Department of Education shut down its National Student Loan Database late last night, denying thousands of lenders access following reports of unlawful data mining for information about U.S. college students and their families.
Lawmakers are squaring off with the White House over Iraq funding. Congress is expected to set deadlines for U.S. troops to come home when it delivers its supplemental war spending package. Bush has promised a veto.
