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The nation's two largest mortgage finance companies are in major trouble. With housing prices down and foreclosures up, they've lost about $11 billion in recent months, and all indications are that they will continue to lose much more. Joe Nocera, columnist for the New York Times, explains.

Although a fiscal cliff was narrowly prevented at the beginning at the year, there's another budget deadline approaching. If Congress doesn't act, billions in automatic budget cuts will slice military spending, possibly hurting contractors and some personnel.

New Century, a subprime lender that was once the second-largest in the industry, has filed for bankruptcy. The company is joining the ranks of many other subprime lenders to crash and burn in the housing market downturn.

Lee McCoy, a top college golfer at the University of Georgia played among the pros on Sunday. Unfortunately, having entered as an amateur, he had to leave the big prize money on the table.

Lt. Col. Alexander Vindman is a foreign affairs expert who serves on the National Security Council. He has been described as having told investigators he worried immediately about the Ukraine affair.

An attack that hit a boys' school in Afghanistan's capital has left students dead and wounded. It's the latest in sectarian violence against Shia Muslims since the Taliban took control in 2021.

The latest jobs report showed a surprisingly strong hiring surge, with employers adding 242,000 jobs last month. But a pinch in earnings and hours disappointed those looking for a pickup in paychecks.

NPR's Jan. 6 archive brings together reporting, video, documents and testimony to show what really happened during the Capitol riot. Explore the timeline, cases and evidence behind the attack.

NPR's Michel Martin speaks with Senator Mark Kelly (D-Ariz.) about the revelation that top intelligence officials discussed military plans on the publicly available messaging app Signal.

NPR's Rachel Martin talks to Kim Wehle, a law professor at the University of Baltimore, about former President Trump's attempts to block the release of documents related to the U.S. Capitol attack.