A massive Medicare and Medicaid fraud scheme has been shut down by federal authorities. One doctor in Texas, Jacques Roy, was allegedly responsible for nearly $375 million in fraudulent billing.

Men's field hockey is an Olympic sport, but you wouldn't know it judging from the U.S. team's lack of participation. The U.S. national team chose not to take part in last week's Olympic qualifying tournament in India.

Today is February 29th — otherwise known as Leap Day, and it comes around every four years. Rose Bunch of El Cajon, Calif., enjoys the day because it's her birthday. The 64 year old is celebrating her 16th birthday.

GOP presidential candidate Mitt Romney picked up two primary victories Tuesday night in Michigan and Arizona. His closest rival was Rick Santorum. All the candidates plan to move on to next week's Super Tuesday when there are 10 nominating contests.

Speaking before the United Auto Workers Tuesday, President Obama defended his rescue of the auto industry. His Republican rivals continue to criticize the bailout. The UAW is expected to play an active role in his re-election campaign.

It's not just people who have to worry about identity theft. Businesses are also vulnerable, and there are a lot of schemers out there, some of them quite clever.

The Federal Reserve plans to keep short-term interest rates near zero until 2014, about 18 months longer then planned. Rates have already been low for several years, and there's much debate about the benefits and costs of the Fed's policies — including the message it sends that the economy's recovery is slower than expected.