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Updated: 13 min 25 sec ago

Federal Flood Insurance Program Drowning In Debt. Who Will Pay?

Wed, 2014-01-01 00:03

Congress has tried to boost premiums on the cheap, subsidized insurance FEMA offers. But property owners in flood zones protested the rate hikes, and legislators backed off in 2013, calling for "further study." Meanwhile, a string of bad storms has left the program $24 billion in debt — so far.

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Banks Try To Save Big With 'ATMs Of The Future'

Tue, 2013-12-31 23:58

An ATM that lets you video chat with a teller hundreds of miles away? It's part of an effort by the banking industry to cut costs: The more ATMs can do, the less banks have to spend on tellers and real estate. But in-person branches still remain the best way for banks to get new business.

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Justice Delays Birth Control Mandate For Catholic Groups

Tue, 2013-12-31 19:34

A Supreme Court justice has blocked implementation of portions of President Obama's health care law that would have forced some religion-affiliated organizations to provide health insurance for employees that includes birth control. Justice Sonia Sotomayor is giving the government until Friday to respond.

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Japan's State Secrets Law: Hailed By U.S., Denounced By Japanese

Tue, 2013-12-31 15:53

Japan's tough new law protecting state secrets was a victory for Washington, which had long pressured its Asian ally to exert tighter control over classified information. But the controversial law has triggered widespread outrage in Japan and undermined the popularity of Prime Minister Shinzo Abe.

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Vitamin E Might Help Slow Alzheimer's Early On

Tue, 2013-12-31 14:45

Vitamin E has gotten a bad rap because of studies finding it increases risk of death. But people with early-stage Alzheimer's disease might be able to fend off symptoms for a while, a study finds. That could mean more a little more time to live independently, and less burden on caregivers.

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Out Like A Bull: 2013 Was A Banner Year For Wall Street

Tue, 2013-12-31 14:31

The Dow Jones Industrial Average closed up 26.5 percent, the S&P Index rose 29.6 percent and the Nasdaq jumped 38 percent.

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Utah Asks U.S. Supreme Court To Stop Gay Marriages

Tue, 2013-12-31 14:29

Utah officials say of same-sex marriages that are now taking place in their state, "each one is an affront." Justice Sonia Sotomayor has asked for a response to their request for a stay by Friday.

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Here's How Young Farmers Looking For Land Are Getting Creative

Tue, 2013-12-31 14:13

Across the country, there's a wave of interest in local food, and a new generation of young farmers wants to grow it. But many aren't buying land. Instead, they're renting it.

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The Online Education Revolution Drifts Off Course

Tue, 2013-12-31 13:46

In 2012, "massive open online courses" were lauded as the most important trend in higher education. But this year, educators and even students rebelled against the rapid expansion of online learning. Two of the biggest MOOCs say they're making big changes in how they deliver their classes in 2014.

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Judge Upholds Key Provisions Of N.Y. Gun-Control Law

Tue, 2013-12-31 13:14

Judge William Skretny in Buffalo rejected arguments from opponents that a ban on large-capacity magazines and the sale of semi-automatic rifles infringed on Second Amendment rights.

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New Year's Eve: Dubai Puts On A Record-Setting Fireworks Show

Tue, 2013-12-31 12:53

Organizers of what is expected to be certified as the world's largest fireworks display ever put on a show in Dubai that was seen by thousands Tuesday, as viewers turned out to celebrate the new year and watch a huge spectacle.

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Congress Lets Dozens Of Tax Breaks Expire

Tue, 2013-12-31 12:33

Teachers, film producers and restaurant owners — among many other groups — face higher tax bills in 2014. More than 50 temporary tax breaks are expiring at midnight on New Year's Eve, but many of them are likely to be restored when Congress returns.

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A Judge's Cookbook Reveals The Secrets Of Bialys And Bagels

Tue, 2013-12-31 12:24

Michael Zusman used to be a lawyer, specializing in suing financial companies. The work literally started making him sick. Then he stumbled into baking. His new cookbook promises that you can make your own pastrami, pickles and bagels better than you can buy at your local deli.

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MSNBC Host Apologizes For Comments About Mitt Romney's Grandson

Tue, 2013-12-31 12:18

On a segment of the Melissa Harris-Perry Show, panelists captioned a photo of Romney's family, which included his adopted grandson. Cue the jokes, the Internet backlash and the apology.

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Sebelius Touts 2 Million Obamacare Enrollees

Tue, 2013-12-31 11:37

The Health and Human Services Secretary, who has spent months fending off critics of the Affordable Care Act rollout, is touting the improving numbers.

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Icing On The Puck: Hockey Fans And The NHL Winter Classic

Tue, 2013-12-31 11:36

New Year's Day has become its own holiday of sorts for some hockey fans. The Detroit Red Wings play the Toronto Maple Leafs at Michigan Stadium in Ann Arbor on Wednesday in front of more than 100,000 people. The game time weather forecast: about 18 degrees, with an 80 percent chance of snow.

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Does Champagne Actually Get You Drunk Faster?

Tue, 2013-12-31 11:13

Search for "Champagne, bubbles and drunk," and you'll get headlines like "Why Bubbles Make You More Giggly." But when we took a close look at the science supporting the urban legend, we weren't impressed. The effect doesn't happen to everyone, and when it does, it's just temporary.

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In Russia, A Soviet-Era Movie To Ring In The New Year

Tue, 2013-12-31 10:24

The Irony of Fate is the country's favorite holiday movie. Like classic American films such as It's A Wonderful Life, it captures the magic of the holidays, but in a way that is quintessentially Russian.

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Despite Health Law, Many People May Be Left Underinsured

Tue, 2013-12-31 09:50

Even for people who get insurance that complies with the Affordable Care Act, there are potential trouble spots. Those include expensive prescription drugs, specialist care and services such as physical therapy that typically require a course of treatment over weeks or months.

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2013: The Year In Political Screw-Ups

Tue, 2013-12-31 09:30

If anything defined 2013, it was the political misstep. Between the broken promises, personal scandals and federal government shutdown, it was a year that left voters frustrated and, in some cases, appalled.

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