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October 10, 2016 2:09 PM Harvard and MIT professors win Nobel Prize in economics

Two U.S.-based professors won the Nobel prize in Economics on Monday for studying how to best design contracts, work that sheds light on when it makes sense to give a CEO a bonus or privatize public services like schools, hospitals and prisons. British-born Oliver Hart of Harvard University and Finnish economist Bengt Holmstrom of the Massachusetts Institute 34

October 10, 2016 11:46 AM At a glance: Harvard, MIT professors win Nobel in economics

STOCKHOLM — The Nobel prize in economics has been awarded to British-born Oliver Hart and Bengt Holmstrom of Finland for their research on how contracts are used to help people reconcile conflicting interests, such as in the pay of CEOs or privatization of services. Hart is an American citizen currently working at Harvard University while Holmstrom is at the Massachusetts 48

October 10, 2016 11:27 AM Harvard, MIT economists win 2016 Nobel prize

STOCKHOLM -- British-born Oliver Hart and Bengt Holmstrom of Finland won the Nobel prize in economics for shedding light on how contracts help people deal with conflicting interests, from CEO pay packages to whether to privatize a public service. In announcing the award Monday, the Royal Swedish Academy of Sciences said that “the new theoretical tools 44

October 10, 2016 11:02 AM Hundreds mourn slain Palm Springs police officers

PALM SPRINGS, Calif. — At a Sunday vigil outside the Palm Springs Police Department headquarters, the family of slain officer Jose "Gil" Vega lined the front row in matching T-shirts — navy blue with a portrait of Vega on the back, emblazoned with "End of Watch" and the date of his death, Oct. 8. Hundreds stood around them, facing a memorial to the officers 24

October 10, 2016 5:07 AM Everything that was said at the second Donald Trump vs. Hillary Clinton debate, highlighted

Donald Trump and Hillary Clinton faced off Sunday night in the second of three debates in the 2016 presidential election. We've posted the complete transcript here with our thoughts, analysis and fact checks via annotation. To see an annotation, click on the highlighted yellow text. To make your own annotations, make sure you have a Genius account 45

October 10, 2016 1:53 AM Trump: If I win, I want special prosecutor looking into Clinton's 'situation'

During Sunday's debate, Donald Trump told Hillary Clinton that, if elected, he wanted to get a special prosecutor to "look into" Clinton's "situation." "If I win, I am going to instruct my Attorney General to get a special prosecutor to look into your situation," Trump said. He continued: "We're going to look into it. Because you know what? People have been -- their 16

October 10, 2016 12:24 AM North Carolina, Saturated and Surprised, Reels from Hurricane Matthew

LUMBERTON, N.C. — Brittany Graham had been confident that Hurricane Matthew would bring no more than a few inches of rain to this inland city. But by Sunday afternoon, her grandfather’s small farm was underwater. A grazing field was submerged. No one knew where most of the cows were. Floodwaters, perhaps three or four feet deep in some places, had covered 66

October 9, 2016 1:11 AM Clinton’s Wall Street remarks are tempered by time, supporters say

For progressive Democrats, the release of hacked emails suggesting a tight relationship between Hillary Clinton and Wall Street and her dream of “open trade and open borders” was an uncomfortable reminder of where she stood when her presidential campaign began. During her primary contest with Sen. Bernie Sanders of Vermont, Clinton moved to the left on both issues 30

October 8, 2016 9:57 PM More Trump tapes surface with crude sex remarks

Republican presidential nominee Donald Trump, already under siege for vulgar comments about forcing women into sex, also had crude, sexually explicit conversations in a series of radio interviews over the past 23 years, even noting how “voluptuous” his daughter was. On a new batch of recordings from Howard Stern’s radio shows aired Saturday by CNN, Trump 42

October 8, 2016 2:32 PM Russia Says US Cyber-attack Claims Fan 'Anti-Russian' Sentiment

A top Russian diplomat has criticized the U.S. of creating "unprecedented anti-Russian hysteria" when it publicly accused Russia of launching a series of cyber attacks that were aimed at undermining the upcoming U.S. elections. "The supercharging of emotions about Russian hackers is being used in the pre-election fight. The current administration, taking 38