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Bank of America Corp. officials say the company has agreed to buy Countrywide Financial for $4 billion in stock. The acquisition will make Charlotte-based Bank of America the nation's biggest mortgage lender and loan servicer.

A federal judge upholds the FBI's search of the office of Rep. William Jefferson, the Louisiana Democrat at the center of a bribery investigation. The judge also denied a request to have the materials seized in the May raid returned.

Spring is here and that means the deadline to file taxes is right around the corner. On Wednesday's Full Focus we'll talk taxes and the IRS's new focus on customer service. We'll hear from a CPA about

The increase in the unemployment rate to a 26-year high of 9.5 percent doesn't bode well for a smooth transition to economic recovery. Economists said they expected to see job losses; however, the 467,000 job cuts in June exceeded the consensus of analysts' projections.

A financial fraud trial involving executives at a well-known San Diego high tech firm is nearing a final verdict. Three top Peregrine Systems executives and the company's outside auditor are up on fed

The House has approved a bill that requires all people voting in federal elections to show a photo ID in 2008 and proof of citizenship by 2010. Supporters say it's the only way to fight election fraud. Opponents say the bill would put hurdles in the way of some voters.

San Diego’s neuroscience institutions just got a big financial shot in the arm from the federal government to do more research in treating neurological diseases. Reporter Amita Sharma has the story.

The Federal Election Commission says Swift Boat Veterans for Truth, and two other "527" organizations, broke the law during the 2004 Bush-Kerry race and now must pay fines. The rulings come more than two years after the fact.

After years of polluting and contaminating the environment, the American Smelting and Refining Company's notorious copper-smelting plant in El Paso, Texas, will be cleaned up this year. Asarco will also pay $1.79 billion to settle claims for pollution at more than 80 sites throughout the country.

Despite the fact that President Bush and Congress have allocated more than $110 billion for reconstruction efforts in the Gulf Coast, some people say they're still not getting the help they need. With so many levels of government involved, no one knows who to blame.