Federal prosecutors in Manhattan are suing Bank of America for more than $1 billion for mortgage fraud against government-backed mortgage companies Fannie Mae and Freddie Mac around the time of the financial collapse. The lawsuit alleges that Countrywide Financial, which was later acquired by Bank of America, sold large volumes of mortgages that weren't quality-controlled.
It would be virtually impossible for any country to be energy independent. Energy security is a more realistic goal, however. U.S. oil production is on track to surpass Saudi Arabia's, and imports are falling. Also, increased regional production could mean the U.S. buys more oil from places like Brazil and Canada and less from producers in the Middle East.
There are more ways than ever to watch TV programs on the Internet, from Netflix and Amazon to Hulu. But many viewers discover that watching TV on the Web can be frustrating, as their favorite show might suddenly stop and stutter, the victim of a lack of bandwidth.
Voters say they put little to no stock in the editorials, even when they fervently agree with those endorsements. That's reflective of newspapers' status in many markets. But one Republican expert says a newspaper endorsement can be effective at persuading undecided voters.
An oil boom, spurred in large part by hydraulic fracturing, could boost U.S. production next year to more than 11 million barrels a day, which would nearly equal Saudi Arabia's current output, according to Energy Department projections. The spurt is expected to boost U.S. energy jobs.
Hackers stole credit card information from Barnes and Noble customers last month. Audie Cornish speaks with Kim Zetter, senior reporter for Wired magazine, about the security breach, and why point of sale systems are growing vulnerable to security threats.
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