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In 2008, in Howard County, Mo., a crook was defrauding dozens of farmers across the country with the Midwestern version of the Ponzi scheme. Kevin Ray Asbury sold top-shelf Angus cattle to investors with the promise that they'd make money. And he made millions before his scheme was discovered by a small-town sheriff.

The storm left millions without power across much of the Eastern Seaboard, left more than 20 dead and forced airlines to cancel about 9,000 flights.

Federal Reserve officials meet Tuesday, and they may consider lowering interest rates in hopes of stabilizing Wall Street's fears. After Monday's heavy losses, market watchers will be hanging on the Fed's every move. David Wessel, economics editor at The Wall Street Journal, talks about the meeting and how it may affect Wall Street.

The Federal Reserve has cut a key interest rate by a quarter of a percentage point, seeking to stem the flow of bad news surrounding the U.S. economy. The action pushes the federal funds rate down to 2 percent — the lowest level since late 2004.

The federal government agreed Tuesday to make an emergency loan of $85 billion to American International Group in exchange for a nearly 80 percent equity stake in the company. Why did the Federal Reserve act to save AIG and what does it mean?

The Border Patrol points to three measures to prove Operation Streamline's success: It deters future illegal border-crossers, fewer people are apprehended for crossing illegally, and it allows the government to focus on more serious crime. But a closer look shows these arguments don't always hold up.

A program offering breast and cervical cancer screenings for low-income women is now on hold; the budget stalemate in Sacramento is to blame. About 6,200 women in San Diego County use the program every year.

Since the Sept. 11 attacks, U.S. colleges have assumed new responsibilities for reporting information about foreign students. Some school officials feel a tension between a university's mission of openness and Homeland Security's mission of keeping out problematic people.

In its ongoing effort to thaw the frozen credit markets, the U.S. Federal Reserve is moving aggressively to overhaul monetary policy. Here, an overview of some of the Fed's recent changes.

A cross-border plan to build a sewage treatment plant in Tijuana got a boost from the Mexican government. Mexico is giving the developers land for the project. KPBS reporter Ed Joyce has details.