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Risky bets by the mortgage giants Fannie Mae and Freddie Mac helped to trigger the financial crisis. After being bailed out by taxpayers and put under government conservatorship, there's new momentum in Washington to dismantle the mortgage giants.

Authorities in Panama are continuing to search the North Korean cargo ship stopped last week as it moved through the Panama Canal. A search of the ship, which came from Cuba, found aircraft and missile parts hidden under thousands of bags of Cuban sugar.

Weather conditions favor the fire that is heading toward the resort town of Idyllwild: Temperatures might soar to 105 degrees Thursday and the humidity could drop below 1 percent.

For many workers, hours are not only short, but increasingly erratic as managers scramble to cover shifts without the steadying influence of experienced full-time employees.

In entertainment news: Netflix has its day in the sun, receiving nominations for "House of Cards" and its reboot of "Arrested Development."

While much of the world has a more positive view of the U.S. than it does of China, many now believe that Beijing is or will be the world's dominant Superpower.

Prosecutors want New York Times reporter James Risen to testify about whether he got information from a CIA agent. The Justice Department recently tightened its policy on when it will try to compel journalists to divulge such information. Risen's lawyer says that policy should apply to his client.

Researchers at Trinity College Dublin have managed after seven decades to capture on film the world's most anticipated drip.

Stephen Rakes said the gangster forced him — at gunpoint — to sell a liquor store. The cause of Rakes' death isn't yet known. Authorities say there were "no obvious signs of trauma." Rakes, who said he could speak for those who fear Bulger, was told this week he would not be called to the stand.

The city is seeking Chapter 9 protection against creditors and unions for an estimated $18.5 billion in debt and liabilities.