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Phil Mattingly

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SEN. JACK REED, D-R.I., HAS been mentioned as a possible replacement for U.S. Defense Secretary Chuck Hagel, who is stepping down after 21 months on the job. A Reed spokesman said he is not interested in the position, however. / BLOOMBERG FILE PHOTO/JOSHUA ROBERTS

Obama calls Hagel ‘exemplary’ as defense chief to step down

WASHINGTON - U.S. Defense Secretary Chuck Hagel is stepping down from his post after 21 months in office amid tension with the White House...
HOUSE SPEAKER John Boehner proposed a short-term increase in the debt ceiling Thursday that House Republicans hope will engage President Barack Obama in negotiations. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Republicans pitch short debt-cap increase with shutdown in place

WASHINGTON - House Republican leaders proposed a short-term increase in the debt ceiling that would continue the government shutdown and reduce the prospects for...
THE FINANCIAL SERVICES FORUM, a trade group representing big-bank Wall Street CEOs, joined other trade groups last in urging Congress to raise the debt ceiling and "remove any threat to the full faith and credit of the United States." Wall Street CEOs will meet with President Obama this week to discuss ongoing negotiations over the budget. / BLOOMBERG FILE PHOTO/JIN LEE

Wall Street leaders to meet with Obama as budget crisis looms

WASHINGTON - The chief executives of large banks including Goldman Sachs Group Inc. will meet with President Barack Obama this week as Wall Street...
BANK OF AMERICA allegedly hid mortgage-bond risks from investors in 2008, according to two lawsuits filed by the U.S. / BLOOMBERG FILE PHOTO/DANIEL ACKER

BofA lied to investors about mortgage-bond risks, U.S. Says

WASHINGTON -- Bank of America Corp. was sued by the U.S. for allegedly hiding risks from investors in a 2008 deal for $850 million...
FIRST RESPONDERS TEND to the wounded where two explosions occurred along the final stretch of the Boston Marathon on Boylston Street in Boston on Monday. Two powerful explosions rocked the finish line area of the Boston Marathon near Copley Square and police said many people were injured. / BLOOMBERG PHOTO/KELVIN MA

Bomb suspect said to tell investigators brothers acted alone

BOSTON - Dzhokhar Tsarnaev has communicated to investigators that he and his older brother alone were responsible for the Boston Marathon bombings and motivated...
FIRST RESPONDERS tend to the wounded where two explosions occurred along the final stretch of the Boston Marathon on Boylston Street in Boston, Massachusetts, U.S., on Monday, April 15. Two powerful explosions rocked the finish line area of the Boston Marathon near Copley Square and police said many people were injured. / BLOOMBERG PHOTO/KELVIN MA

Marathon suspect accused of using weapon of mass destruction

BOSTON – A wounded 19-year-old man was charged by the United States with the bombing of the Boston Marathon, which killed three people, injured...
BOSTON MARATHON BOMBING suspect Dzhokhar Tsarnaev has been charged by the U.S. Specific charges have not been made public. / COURTESY THE BOSTON POLICE DEPARTMENT

Boston Marathon bomb suspect charged by U.S.

BOSTON - A wounded 19-year-old man was charged by the U.S. in connection with the bombing of the Boston Marathon, which turned the race...
STATE, FEDERAL and city police are searching a locked down Boston area house-to-house for Boston Marathon bombing suspect Dzhokar Tsarnaev. / COURTESY THE BOSTON POLICE DEPARTMENT

Police continue search for 19-year-old Boston Marathon bomb suspect

BOSTON - Police locked down the Boston area and searched house-to-house for a suspect in the marathon bombing after a second suspect, his older...
FIRST RESPONDERS including Carlos Arredondo, in cowboy hat, tend to Jeff Bauman, who was severely wounded after two explosions occurred along the final stretch of the Boston Marathon on Boylston Street in Boston on Monday, April 15. / BLOOMBER PHOTO/KELVIN MA

Boston bomb victim in iconic photo helped identify suspects

BOSTON - Minutes before the bombs blew up in Boston, Jeff Bauman looked into the eyes of the man who tried to kill him. Just...
BOSTON POLICE CORDON off the finish line area where two explosions occurred along the final stretch of the Boston Marathon on Boylston Street in Boston, Massachusetts, U.S., on Monday, April 15. Two powerful explosions rocked the finish line area of the Boston Marathon near Copley Square and police said many people were injured. / BLOOMBER PHOTO/KELVIN MA

Boston probe said focused on person dropping bag at bomb site

BOSTON – Investigators are focusing on a person seen dropping a black bag near the site of the Boston Marathon bombing as they assemble...
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