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Bank of America, Citigroup, Wells Fargo and others short on capital, according to the results of the government's stress tests issued Thursday. Meanwhile, JPMorgan Chase, Goldman Sachs and American Express are among the banks regulators say don't need an added cushion against losses.

The Bush administration and the Federal Reserve have unveiled a stepped up plan to fight the ongoing financial crisis. The Fed is committing as much as $600 billion to shore-up Fannie Mae and Freddie Mac. The Fed and Treasury are also moving to get the economy going again by putting up to $200 billion to work in secondary markets for consumer lending.

It's a big day in British politics. Voting is underway in local elections that will, in part, be a verdict on the performance of the beleaguered government of Prime Minister David Cameron.

Carterland depicts the one-term presidency of Jimmy Carter as an expansive and largely successful exercise in problem-solving.

Americans and Britons share the same language, yet transatlantic visitors to the London Olympics might struggle to understand what's going on. The games are in East London, home of rhyming slang, a form of linguistic gymnastics. It was pioneered in the nineteenth century by Cockneys as a code to confuse snooping policemen.

This year, wildfires have already burned thousands of acres in the Great Plains. Dry conditions and unseasonably warm temperatures have optimal settings for wildfires, and some experts say they are seeing more intense fires.

The former two-term governor's win in Tuesday's primary gives Republicans a chance at a Senate seat in deep blue state. Hogan will face Democrat and Prince George's County Executive Angela Alsobrooks.

The U.S. Department of Agriculture’s National Agricultural Statistics Service recently announced it is discontinuing a few market surveys due to budget cuts. Some lawmakers and industry groups have expressed concern and want the decision to be reversed.

The U.S. will stop shipments of bombs or artillery shells if Israel presses its offensive against Hamas into the crowded city of Rafah in southern Gaza, President Biden said.

As the Muslim holy month of Ramadan approaches, and ceasefire talks stall, there are increasing fears of worsening conditions in Gaza.