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The Federal Reserve Bank moved Wednesday morning to ease a global credit crisis, announcing a plans to offer $40 billion in emergency funds to banks through an auction process. The move was coordinated with other major central banks and is designed to increase liquidity around the globe.

Visiting Congress to provide an update on the struggling U.S. economy, Federal Reserve Chairman Ben Bernanke said he expects very slow growth in 2008, but no recession. Bernanke is trying to avoid a recession while keeping a lid on inflation. But so far, he's not getting much help. Inflation is up sharply, and housing prices keep falling.

As if air travel over the Thanksgiving holiday isn't tough enough, it could be even worse this year: Airports could see even more disruptions because of a loosely organized Internet boycott of full-body scans.

Two Democratic lawmakers introduced legislation Tuesday that has stirred up a firestorm of debate between business interests and labor groups. The Employee Free Choice Act would amend existing labor law. If passed, workers could form a union if the majority of them sign cards requesting one.

Legalizing the recreational use of marijuana in California would sharply drive down prices for the drug, causing more people to use pot while possibly undercutting the tax windfall that supporters have touted, according to a study published Wednesday.

Consumer advocates say Governor Schwarzenegger can help reform California's health care system by signing two bills on his desk. One measure would prohibit insurers from charging women more for policies. The other would require all health plans to cover maternity care.

The photographer captured some of the most enduring images of the Great Depression. Linda Gordon, author of Dorothea Lange: A Life Beyond Limits, says Lange had the power to draw people out, but she herself was very private.

What have we learned from the 7.2 magnitude earthquake that shook our region on Easter Sunday? We discuss what's been learned from the quake, and the public response that happened in the hours after the incident. And, we talk about how to our region should apply those lessons in the future.

The Federal Communications Commission has approved rules that will clear the way for the opening of the most important airwaves auction to date. The event will affect the pay structure on cell phones and other mobile devices.

A Nigerian immigrant is fighting his deportation from the U.S., arguing that he will be killed if he returns home. The man worked as an informant for federal drug authorities after he was caught smuggling heroin into the country more than 20 years ago.