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Wall Street's losses on Archegos just topped $10 billion

Losses caused by the collapse of US hedge fund Archegos have topped $10 billion. Swiss bank UBS revealed on Tuesday that it lost $774 million from last month's implosion of Archegos Capital Management, a bigger hit than many analysts expected. The announcement came as Japan's Nomura said it would book losses of $2.9 billion from Archegos, a sharp increase from its initial estimate of $2 billion.

10-Year-Old Rapper Seeks To Spread 'Positive Hip-Hop'

In the last year, the fifth-grader -- a self-proclaimed "positive hip-hop" recording artist -- received endorsements from some of the biggest names in the rap industry, including Cash Money Records CEO Bryan "Birdman" Williams and Atlanta trap star rapper Young Thug.

Texas governor's website continues to tout shotgun giveaway in aftermath of school shooting

A gunman armed with a .38 revolver and a shotgun walked into Santa Fe High School in Texas on Friday and killed 10 people, according to authorities. Two days later, Texas Gov. Greg Abbott is still touting a shotgun giveaway on his website.

John McEnroe is paid 10 times what Martina Navratilova gets for doing Wimbledon broadcasts

Martina Navratilova is ticked. The nine-time Wimbledon singles champion and tennis commentator says the BBC pays her 10 times less than fellow commentator John McEnroe for doing Wimbledon broadcasts. And she's angry because she fears what's happening to her happens to women everywhere.

Why a terminally ill young woman has changed her mind about living

To face each day, Claire Wineland undergoes hours of breathing treatments. It's a reality of living with cystic fibrosis she's come to accept.

UBS will cut 3,000 jobs in Switzerland as it absorbs Credit Suisse

UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a sweeping overhaul following its emergency rescue of Credit Suisse earlier this year.

California Wildfires Have Destroyed 1,000 Structures ... And Counting

In a hopeful sign, thousands of firefighters were making headway Tuesday against the vast Thomas Fire in Southern California, with winds decreasing to 15 to 25 mph and the Santa Ana wind event beginning to wane.

Trump defends Saudi Arabia as accusations mount over journalist disappearance

President Donald Trump has defended Saudi Arabia as accusations mount over its de facto ruler's close links to the men who apparently killed a journalist in the kingdom's consulate in Istanbul.

These are the House Republicans running for speaker

The high-stakes race for House speaker enters a new phase this week, with a slate of new candidates vying for the gavel following Rep. Jim Jordan’s exit from the race.

What to watch for in Tuesday’s elections

Abortion rights are on the ballot Tuesday as Americans head to the polls for state and local races that will set the stage for next year’s presidential election.

How Potential 2020 Democrats Are Honing Their Foreign Policy Chops

It wasn't hard for generals to prepare for Sen. Elizabeth Warren's first question at the Senate Armed Services Committee hearing. "Gen. (David) Goldfein, would a significant reduction in funding to the State Department and other non-defense security agencies and programs make the Air Force job of defending America easier or harder?" Warren asked the Air Force chief of staff in June.

The legend is building for Clemson QB Trevor Lawrence

Still just 19 years old, Trevor Lawrence isn't eligible for the NFL draft until 2021. But right now, he might be the best college football quarterback since Peyton Manning, who happens to be Lawrence's idol.

3D guns: Untraceable, undetectable and unstoppable?

Not long ago, it was the stuff of science fiction, but now US officials and lawmakers are grappling with a new reality -- the ability for citizens to print firearms at home.

Gun violence has killed at least 1 rapper every year since 2018

It's happened again: America wakes up to news that a hip-hop star was fatally and senselessly shot. This time, the rapper is Takeoff of Atlanta's platinum hit machine, Migos, who was slain early Tuesday in Houston, according to a source close to the group.

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