Bank of America Corp. reached an agreement to repay $45 billion in federal bailout funds and escape pay restrictions and other curbs imposed by the US government.

TOKYO, Dec 3 (Reuters) - The yen and the dollar fell on Thursday after Bank of America said it would repay $45 billion of taxpayer bailout funds, boosting investor confidence and trimming safety bids in those currencies.

Dec. 3 (Bloomberg) -- Ben S. Bernanke, who led the most expansive use of the Federal Reserve's powers in its 96-year history, may fight efforts to curtail its authority and independence during his confirmation hearing ...

People will disagree over the nominees. But can they agree that this nomination telecast isn't worthy? This year's Grammy nominations promise to inspire loud raspberry choruses from several corners of the popular music world.

He makes an apologetic statement on his website as tabloids continue to run with the story and others wonder about the 'smotherage' of the reporting on his personal life.

By John Horn >>> With a college application acceptance rate of 7.5%, landing a chance to travel to New Haven, Conn., is a cakewalk compared to catching an invitation to Park City, Utah: For next January's Sundance festival, 1058 features were submitted ...

In a clear sign that vaccine supplies are becoming more bountiful, Boston-area health departments will distribute thousands of shots and nasal sprays against swine flu during major public immunization drives in coming days.

Members of the task force tell a House hearing that women in their 40s should begin getting breast exam procedures whenever they want.

AP WASHINGTON -- Scientists can start using taxpayer dollars to do research with 13 batches of embryonic stem cells, and the government says dozens more cell lines should be available soon to open a new era for the potentially ...