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Several of Iran's largest banks have been swindled out of an estimated $2.6 billion. The scandal has sparked a widening investigation with more than 30 arrests so far. Some question if advisers close to President Mahmoud Ahmadinejad are involved.

European leaders met through the night in Brussels and finally emerged with a debt deal they say is wide-ranging. They're hopeful it will guide the continent out of the widening debt crisis that started with Greece. But it's unclear whether they have the political will and economic flexibility to implement it.

The Ponzi schemer's wife says they tried to take their lives on Christmas Eve, 2008. She's glad she survived after taking a handful of pills. "I'm not sure how I felt about him waking up," she tells The New York Times.

Cities around the U.S. have been responding differently to the Occupy Wall Street protests. The violent street clashes in Oakland, Calif., have not been typical.

While modest, the 2.5 percent pace is the best growth since third-quarter 2010. And the news eases recession fears.

Young Libyan men who less than a year ago were "hopeless layabouts" are now "marriageable heroes" because they took up arms against the regime of Moammar Gadhafi, according to Foreign Policy magazine.

Medicaid, the health program funded jointly by the feds and the states, was devised to cover the poor. But if a provision in last year's federal health law isn't changed, even people with pretty healthy incomes could qualify for Medicaid.

A spokesman for Texas Gov. Rick Perry raised the idea that he might not compete in all of the upcoming Republican face-offs. Weak debate performances have put a dent in his polling — and his fundraising.

There's no member of the GOP freshman class in Congress more outspoken than Rep. Allen West. On the topic of Islam, West has been particularly controversial. Nezar Hamze, a Muslim activist in South Florida, says West's comments about the threat of Islam fuel intolerance.

The U.S. markets ventured into positive territory for the year.