There's outrage throughout Washington over millions of dollars in bonuses paid to the CEO's of Fannie Mae and Freddie Mac. This, even though the companies are floundering. Now members of Congress are trying to stop them.

The Dow rose 260 points Friday, or 2.2 percent, to 12,154. The S&P 500 rose 24, or 1.9 percent, to 1,264.

Penn State assistant coach Mike McQueary, a key witness in the child sex abuse scandal that has engulfed the school, has been placed on administrative leave.

Dozens of scuba divers from around the world are in Jackson County this week. They're diving what's considered one of the best cave systems in the world.

The Dow Jones industrial average rose 113 points, or 1 percent, to close at 11,894

The most populous county in the state of Alabama is about to break a financial record, but it's not exactly the kind of record they would like to break.

James Murdoch is appearing for a second grilling by British parliamentarians investigating the country's phone hacking scandal.

United in agreement for once, Republican presidential rivals warned forcefully Wednesday night the United States could be doomed to the same sort of financial crisis that is afflicting Europe.

The U.S. Education Department is investigating whether Penn State failed to report incidents of sexual abuse on campus, as required by federal law.

Together for the first time in three weeks, Republican presidential candidates assembled in ailing Michigan for a debate on how they would fix the economy.

The Dow sank 3.2 percent to close at 11,781, the biggest drop since Sept. 22.

Penn State trustees fired football coach Joe Paterno and university president Graham Spanier amid the growing furor over how the school handled sex abuse allegations against an assistant coach.

Most any public figure knows, when you're wearing a microphone, you should always act as if that microphone is on. But evidently President Obama and his French counterpart forgot that age-old mantra at last week's G-20 summit.

The storm is packing hurricane force winds.

Abortion opponents still pursuing life-at-fertilization ballot intiatives.

A Board of Regents' committee has approved plans to tear down a 72-year-old dorm at the University of Georgia to build a new residence hall.

President Barack Obama takes a swipe at swag today as part of an effort to cut waste.

A New Jersey administrative law judge has ruled that a first-grade teacher who wrote that she was a "warden for future criminals" on Facebook earlier this year should lose her tenured job.

Michael Jackson's doctor is guaranteed to spend the next three weeks in jail awaiting sentencing for the pop star's death.

The California Supreme Court heard oral arguments Tuesday in a high-interest case contending restaurant managers must order meal and rest breaks for tens of thousands of workers rather than leave compliance to their discretion.

The Obama administration will cautiously open up more areas in the Gulf of Mexico and off Alaska's coast to oil and gas drilling.

NASA says it will flight test its Orion crew space capsule three years earlier than planned.

The economy is supposed to be the focus when Republican Presidential contenders share a debate stage for the first time since allegations of sexual impropriety rocked Republican Herman Cain's presidential bid.

The Dow Jones industrial average rose 102 points, or 0.8 percent, to close at 12,170.

Joe Frazier, the former heavyweight champion who handed Muhammad Ali his first defeat yet had to live forever in his shadow, has died after a brief final fight with liver cancer. He was 67.