"People who have been briefed on the situation," say the losses from bungled trading have more than tripled from the initial estimate, The New York Times reports. The bank isn't commenting for the record.
House and Senate negotiators are said to have reached a deal to fund highway projects for the next two years. The latest temporary highway bill extension is set to expire Saturday, and for weeks negotiators have been trying to smooth out the differences between House and Senate versions.
A massive wildfire near Colorado Springs is threatening thousands of homes and the nearby Air Force Academy. Fire management officials have issued mandatory evacuation orders for more than 30,000 homes. New students are set to arrive at the Air Force Academy on Thursday.
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