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The collapse of two regional banks is expected to cost the government's deposit insurance fund more than $22 billion. The Biden administration says smaller banks shouldn't have to pick up the tab.

Twitter has degraded in quality under Elon Musk, and TikTok is under siege in Washington — yet replacing them is no easy task. Part of the reason has to do with what experts call "network effects."

Shorter, who died March 2, was inspired by film and literature, as much as by sounds. One of the great musical minds of our time, he had a profound influence on the course of jazz.

After years of legal battles, the hip-hop group De La Soul's music is available now for streaming on major platforms.

In Los Angeles, the county board and city council have long been dominated by homeowners. But most resident rent. Now, in recent elections, renters have begun to take office and change policies.

Federal Chairman Jerome Powell testifies before a Senate committee Tuesday morning. He'll likely be asked about the Fed's effort to curb inflation and how much higher interest rates are likely to go.

In his first trip as Attorney General, Merrick Garland headed home to Chicago to launch a new gun strike force. He met with police and community leaders.

A House committee meets to consider a report holding Attorney General Eric Holder in contempt of Congress on Wednesday. Holder failed to turn over subpoenaed documents related to Operation Fast and Furious, a botched gun-trafficking operation. Rep. Darrell Issa met with Holder Tuesday in an effort to resolve difference over his panel's subpoena for the documents.

Prosecutors accuse the former Democratic presidential candidate of accepting and failing to report nearly $1 million that two old friends and campaign donors funneled through intermediaries to support a lavish lifestyle for his mistress. But political and legal observers are shaking their heads at the case.

The Justice Department is on track to post a record number of health care fraud prosecutions in 2011. Researchers say DOJ reported 1,235 new cases this year, the largest since they began tracking the crime 20 years ago. U.S. Attorney's Offices in Miami, Puerto Rico and Houston accounted for the biggest number of cases. And DOJ officials say recoveries in these cases are bringing lots of money back to the U.S. Treasury. But some onlookers say the federal government can do more to nip health care fraud in the bud by cutting off payments to fraudulent recipients before they happen.