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  • A week after two hedge fund managers were arrested in connection with the subprime mortgage meltdown, federal prosecutors may add to the indictments against the former Bear Stearns financiers. Investigators are trying to determine whether the men misled banks including Merrill Lynch, Barclays and Bank of America.
  • An Army report that will be released on Monday reveals that major mistakes were made in the post-war planning in Iraq. The report, which will be released on Monday, finds that operations that were poorly planned and badly mismanaged.
  • The FBI counts on e-mails to make the first Wall Street arrests related to the subprime mortgage fraud crisis. But critics wonder how strong the case really is and whether Bear Stearns' failure made it an easy target.
  • A day after the Supreme Court issued a landmark gun ruling striking D.C.'s handgun ban, the National Rifle Association filed suit in five jurisdictions to overturn their bans as well. One of the suits is against San Francisco over its ban on handguns in public housing.
  • The captivity of more than a dozen hostages ended Wednesday in an elaborate rescue operation in the Colombian jungle. It's one of a series of blows this year for FARC, the rebel group that had nabbed the 15 hostages.
  • Law enforcement officials can confiscate money without ever charging anyone with a crime, as long as they can prove it's tied to illegal activity. But sometimes they take money even when they can't connect it to a crime.
  • Israel confirmed Wednesday that a cease-fire with Hamas will begin Thursday. Hamas, a militant group, currently rules the Gaza Strip. The truce was brokered by Egyptian officials.
  • The U.S. economy lost jobs for the sixth straight month in June. The Labor Department says employers cut 62,000 jobs from their payrolls. The unemployment rate was unchanged at 5.5 percent. The data were in line with economists' expectations.
  • It could take a week for the floodwaters to drain from the streets of Iowa City, Iowa. Those caught in the deluge are trying to determine how to get their lives back together.
  • Sen. John McCain unveils his proposed energy policy Tuesday. The presumptive Republican presidential nominee argues the United States should lift its ban on offshore drilling.
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