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Treasury Secretary Henry Paulson has said the U.S. financial system is sound and resilient despite the recent economic downturn. Paulson's remarks came after Lehman Brothers declared bankruptcy, Merrill Lynch was sold and AIG battled to stay afloat.

It was a down day on Wall Street Wednesday. Investors agonizing over a faltering economy sent the stock market plunging again. The Dow wiped out all but about 127 points from Monday's record gain. The Standard & Poor's 500 index lost 9 percent — wiping away nearly all of the gains it made earlier this week.

The war in Ukraine and Egypt's own economic crisis have made it hard for people in Cairo to afford food. Charities are straining to meet the need.

How will the AIG bonuses affect the government's approach to repairing other crippled financial institutions? For some perspective, Renee Montagne talks with David Wessel of The Wall Street Journal.

The Obama administration is ready to reveal a revamped federal financial bailout program. Treasury Secretary Timothy Geithner on Tuesday outlines details of a plan that officials say will place more strings on banks getting a boost and dramatically increase loans made available to buy homes and cars and pay for college.

If the federal government defaults on its debt, one surprising place investors would likely seek shelter is in the safety of U.S. Treasury debt.

A year after dozens of migrants arrived on the island of Martha's Vineyard in what was widely seen as a political stunt, their unusual arrival has proven a significant legal advantage.

In his new book, British journalist Ioan Grillo takes a close look at the Mexican drug war, starting with el narco, or the network of drug smugglers who cast a murderous shadow over Mexico.

OPill, the first over-the-counter birth control pill available without a prescription, is shipping to retailers nationwide.

Billie Eilish, Fall Out Boy, Nile Rodgers, Cyndi Lauper, Lorde, Sia, Diplo and Chappell Roan are among the signatories of an open letter urging a Senate committee to support the Fans First Act.