Ari Shapiro talks with Edward DeMarco, the director of the Federal Housing Finance Agency, about the Obama administration's efforts to help more Americans refinance their homes.
U.S. Ambassador Robert Ford has been brought home from Syria because of fears for his safety. His very public criticism of government repression and his expressions of support for protesters — attending the funeral of a slain activist, for example — have brought threats. The United States accuses Syria's state-run media of inciting violence against him.
In Frankfurt, Germany's financial capital, all eyes are on the debt crisis meeting in Brussels. Frankfurt is home to Europe's leading stock exchange and some of the largest banks and investment firms on the continent. More recently it's also home to street demonstrators sharply critical of the current state of capitalism. The two worlds have yet to meet.
As the Greek economy tanks and the center of Athens becomes jammed with protesters, more and more Athenians are turning to bicycles as a means of getting about the city. Until recently, it was mostly the poor or foolhardy who considered bicycling in Athens' notorious traffic. But new converts say they are saving gas money and getting to work despite the strikes and protests.
Federal prosecutors are set to file criminal charges Wednesday against Rajat Gupta, a board member of Goldman Sachs. He's been investigated for his ties to hedge fund manager Raj Rajaratnam, who was sentenced to 11 years in prison. Also, IBM has announced a new CEO. Virginia Rometty will be the first woman to run the 100-year-old technology company.
Joe LoCicero's 1990 Honda Accord recently hit 1 million miles. The damage claims inspector from Maine calls the car "True Blue." He drives a lot for work and swears the engine and transmission are original. To mark the milestone, Honda gave him a new 2012 Accord. He still drives the old one.
For commentator Sandip Roy, the Indian festival of Diwali usually brings to mind the warmth and comfort of tradition. But this year the holiday seems more commercial than ever before. He has this essay on celebrating the festival of lights in a globalized India.
The deficit-cutting supercommittee re-emerges Wednesday morning with its first public meeting in more than a month. The group is charged with finding at least $1.2 trillion in deficit reductions by late November. If it fails, automatic, across-the-board cuts follow.
Ari Shapiro speaks with San Francisco Chronicle reporter Matthai Kuruvila about Tuesday's dramatic clashes between police in Oakland, California, and protesters supporting the Occupy Wall Street movement.
Across Europe on Wednesday, all eyes are on the EU summit in Brussels, where European leaders are expected to reveal plans to deal with the Eurozone debt crisis. But each country has different fears and expectations: In France the worry is the state of the banks and the country's credit rating; in Italy it's further pressure from the EU on Prime Minister Silvio Berlusconi to get his financial house in order; in Germany and other northern European countries, it's the cost of the bailouts, and who is going to pay for them.
NCAA officials meets Wednesday to continue on a path toward what they call meaningful reform in college sports. High-profile scandals over the past several years prompted the pledge for change. Ramogi Huma will be watching the NCAA closely, as he has for the past 15 years. The former college football player has been a passionate advocate for college athletes' rights. For the most part, he has worked behind the scenes. Now, his work has taken on new relevance.
The Texas Rangers are leading the World Series 3 games to 2 going into Game 6 Wednesday in St. Louis. The fact that the Cardinals will be playing at home is good for both the team and the town. The game will bring a welcome infusion of cash. As St. Louis Public Radio's Maria Altman reports, the unexpected sales tax revenues have already allowed the city to cancel expected furloughs for its employees.
Consumer Reports has come out with its ranking of car reliability. Toyota's Scion brand topped the list. Luxury carmaker Jaguar was at the bottom. Chrysler was rated most improved.
Republican presidential contender Rick Perry backed a flat tax plan Tuesday. It's an idea that has been around for some time. But it now appears to be gaining traction within the GOP.
Manhattan violinist Martin Stoner, 60, sued the nonprofit Young Concert Artists after it barred him from a contest based on age restrictions. When his ageism suit was thrown out, reports the New York Daily News, Stoner moved to have the 88-year-old judge replaced, saying the judge isn't qualified — because he's too old.