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J.P. Morgan bought its collapsing rival Bear Stearns after the Federal Reserve intervened. The Fed took several unusual moves, including approving the purchase over the weekend instead of waiting until a March 18 scheduled meeting.

At least three service members discharged for being gay have begun the process to re-enlist after the Pentagon directed the military to accept openly gay recruits for the first time in the nation's history.

Lawmakers in California are back to work and a multi-billion-dollar budget deficit should keep them busy. We're joined on Morning Edition by nonpartisan Sacramento political consultant Leo McElroy.

Rescuers in West Virginia were forced to suspend efforts to reach four missing coal miners Tuesday following a massive underground explosion that killed 25 people in the worst U.S. mining disaster in decades.

After Jose Betancourt, the CFO of the San Diego Unified School District, pled guilty to violating federal conflict-of-interest laws, some trustees demanded his resignation. Superintendent Carl Cohn re

The Navy held a public hearing last night on the proposed Navy Broad way Complex on the downtown waterfront. KPBS reporter Alison St John has more.

Despite Facebook, Twitter, iPhones and other cutting-edge communication technologies, an increasing number of people are staying in touch using century-old amateur radio. "It's just talking and sharing and enjoying," says ham radio newcomer Helen Schlarman, 89.

The California Senate and Assembly can't agree on the best way to reduce overcrowding and cut costs in the state prison system. Each house of state government has passed its own plan for fixing the prison crisis.

Mexico has replaced its entire force of customs inspectors in order to catch more contraband that's smuggled into that country. The shake up is part of a bigger effort to root out corruption in Mexican customs and increase vigilance at border crossings.

An investigation into the San Diego Police Department’s Crime Lab finds a backlog of DNA evidence from unsolved crimes. Has public safety been compromised?