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The threat of a U.S. debt default looms but what does it mean to San Diegans. We break it down and also look back in history to find out how did we get here?

Attorney Gen. Eric Holder said it could not bring criminal charges, because of insufficient "admissible evidence."

Reports of increased hiring and strength in manufacturing along with central banks moving to help ease Europe's financial crisis sent stock markets up sharply Wednesday. Analysts said the economy isn't on the verge of booming, but the risks of a double-dip recession have eased.

The governor is threatening to sell off two parcels of state-owned land in Grand Teton National Park to private developers. The state wants the federal government to come up with a fair trade. The land is worth more than $100 million, but the state is hardly earning any income from leasing the land.

The Neil Good Day Center for the homeless downtown could still be closed, despite an apparent deal last week to restore funding.

The Justice Department said it reached a settlement with Comcast and NBC Universal that allows the companies to proceed with the deal, subject to some conditions. The Federal Communications Commissions approved the deal 4-1 on Tuesday.

The White House will tomorrow renominate more than a dozen candidates for judicial positions on federal courts, a person familiar with the administration's plans tells NPR. The Senate failed to vote on the nominees last year.

Employers boosted jobs at a faster pace in October than at any time in nearly half a year, but the unemployment rate remained stubbornly at 9.6 percent — further evidence of what the Federal Reserve has termed a "disappointingly slow" recovery.

Jewish American Heritage Month 2013 Honoree

A stay has been granted supporters of Proposition 8 that will ban same-sex marriages from taking place in California indefinitely. On this Legal Update we'll discuss the Prop 8 appeal process. We'll also examine which parts of Arizona's new immigration law were blocked by a federal judge and why legal marijuana can still get you fired.