Fifteen major banks were downgraded Thursday in a reflection of the slowing global economy and volatility in financial markets. In a sweeping move, Moody's cut the credit ratings of some of the world's largest financial institutions, including Bank of America, Goldman Sachs and Citigroup.
Republican presidential hopeful Mitt Romney last month was able to cut President Obama's fundraising advantage in half. His fundraising outstripped the Obama campaign — while at the same time, Romney was able to spend less, thanks to outside groups that continued a barrage of negative ads against his opponent.
President Obama travels to Florida Friday to address a large gathering of Latino politicians — one week after announcing that illegal immigrants who came to this country as children will be allowed to stay in the U.S. for at least two years. Republican White House hopeful Mitt Romney criticized that policy when he spoke to the same group Thursday. The twin speeches highlight the important role Latino voters could play in the November election.
Jerry Sandusky's trial on child sexual abuse charges is in the jury's hands. As they consider the 48 counts filed against the former Penn State assistant football coach, new allegations have emerged. Sandusky's adopted son now says he's also a victim.
California Governor Jerry Brown and legislative leaders have reached a deal on the state's budget. The plan includes deep cuts to social programs. It would also knock three weeks off the school year unless voters approve new taxes proposed by Brown.
When Ohio native LeBron James announced he was leaving the Cleveland Cavaliers to play for the Miami Heat in 2010, he left behind a legion of furious fans who had followed his career since he was an Akron teenager. Now that James has won the NBA ring, are Clevelanders ready to forgive him for leaving?
One question left unanswered by President Obama's immigration action was what the policy change will mean for students. In Georgia, where illegal immigrants are banned from attending five public colleges, one professor says she worries students could identify themselves and end up at risk.
One of the most popular parts of the health overhaul law is a provision that lets parents keep children on their insurance policies until age 26. Several big insurers say they plan to keep that in place even if the Supreme Court strikes down the rest of the law. But it may not be so easy.
This weekend, gay pride celebrations will mark the first year since the repeal of "don't ask, don't tell," the law that banned gays from serving openly in the U.S. military. Denny Meyer, who served in the Navy during the Vietnam War, describes what it was like to be both gay and a sailor.
When you give to WAMU, your tax-deductible membership gift helps make possible award-winning programs such as Morning Edition, All Things Considered, The Diane Rehm Show, The Kojo Nnamdi Show, and other favorites.