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Banks set to repay government

Ten big US banks got approval Tuesday to repay 68 billion dollars in capital from the Treasury, in the latest sign the ailing financial sector is standing on its own…

First Gitmo detainee in U.S. for trial

U.S. authorities have brought the first Guantanamo Bay detainee to the United States, flying him into New York to face trial for bombing U.S. embassies, the Justice Department said Tuesday.

Court to judges: Avoid appearance of bias

The Supreme Court ruled Monday that elected judges must step aside from cases when large campaign contributions from interested parties create the appearance of bias.

By a 5-4 vote…

Supremes slap freeze on Chrysler deal

Italian auto maker Fiat has vowed to stick with plans to forge an alliance with distressed US group Chrysler after a US Supreme Court decision put a temporary freeze on…

Report finds billions of waste in Iraq, Afghanistan

The Defense Department has failed to provide adequate oversight over tens of billions of dollars in contracts to support military operations in Iraq and Afghanistan, says a new report by…

Justice official warned torture would backfire

Senior Justice Department lawyers in 2005 sought to limit tough interrogation tactics against terror suspects, but…

Plea bargains considered for Gitmo detainees

A plan under consideration by the Obama administration would permit Guantanamo Bay, Cuba, detainees facing the death penalty to plead guilty without a full trial, it…

Couple spent three decades as Cuban spies

For three decades, accused spies Walter Kendall Myers and his wife shuffled secrets to their Cuban contacts in such fear of being caught, authorities…

High Court asked to block Chrysler sale

Indiana pension funds and consumer groups asked the U.S. Supreme Court on Sunday to stop the sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat…

Unemployment rate hits 9.4 percent

With companies in no mood to hire, the unemployment rate jumped to 9.4 percent in May, the highest in more than 25 years. But the pace of layoffs eased, with…