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The Supreme Court on Tuesday heard arguments on the District of Columbia's law that essentially bans handguns in the city. Courts historically have interpreted the right to bear arms as a collective right, linked to military service and state militias. But on Tuesday, a majority of justices indicated that they believe it's an individual right.

The United States invaded Iraq exactly five years ago. Speaking at the Pentagon, the president said increasing the pace of withdrawal could be a setback to progress.

Stock prices Tuesday had their biggest one-day gain in five years. Prices jumped after the Federal Reserve decided to cut a key interest rate by three-quarters of a percentage point. Fed policymakers said they remain concerned about the slowing U.S. economy and suggested that they may cut rates again.

The Rev. Jeremiah Wright's comments from the pulpit at Trinity United Church of Christ in Chicago have spotlighted on his church and his relationship with Barack Obama. The church being portrayed in the media, however, is unrecognizable to many who are familiar with the congregation.

The U.S. dollar plunged against other major currencies Thursday, dipping below 100 yen for the first time in 12 years. There were other signs of weakness — retail sales were down in February. Despite all this, the stock market closed higher.

As the U.S. dollar hit a 12-year low Thursday in relation to the yen, U.S. Treasury Secretary Henry Paulson talks with Melissa Block about the weakness of the dollar and recommendations from the president's working group on shoring up the nation's financial services sector.

The Federal Reserve's decision to extend credit to the ailing investment bank Bear Stearns is an unprecedented move. And the Fed took additional steps to address a crisis of confidence on Wall Street.

Many people lost big money as Bear Stearns collapsed, among them British billionaire Joseph Lewis and Dallas-based money manager James Barrow. But employees may take the biggest hit. Collectively, they owned a huge stake in the bank.

Chinese authorities blame the Dalai Lama for recent protests seeking independence for Tibet. But the Dalai Lama said Monday that he does not seek independence for Tibet — only true autonomy.

Did the Federal Reserve make the appropriate moves in its unprecedented effort to address the Bearn Stearns crisis? Charles Calomiris, a professor at the Columbia University Graduate School of Business, offers his insights.