The city's plan to restructure its debt has been praised as a creative way to protect both pensioners and its art museum. But some creditors — and residents — feel like they're being railroaded.
U.S. combat troops will be gone by year's end and Afghanistan is still trying to sort out its presidential election. The Taliban, meanwhile, have launched some of their largest offensives in years.
Former House Majority Leader Eric Cantor is joining the boutique investment bank Moelis & Co. The Virginia Republican was unexpectedly defeated in a June primary.
The FBI is looking into allegations that online accounts of several celebrities had been hacked. Apple says it is determining whether its online photo-sharing service had been hacked.
A day after an Islamic-extremist group launched an attack in Somalia, U.S. military forces have struck back. A Pentagon spokesman says the results of the operation are being assessed.