Your customized headlines for Sat, Jul 14, 2012

Visa, MasterCard and several of the nation's largest banks have agreed to pay as much as $7.25 billion to settle retailers' complaints over the fees they are charged each time a customer swipes a credit or debit card, according to court documents filed Friday.

Federal regulators had evidence that major banks could be manipulating one of the world's most important interest rates a year before the practice came to an end, according to documents released by the Federal Reserve Bank of New York on Friday.

As he campaigns for reelection, President Obama has embraced soaring political rhetoric, pledging to harness the ingenuity of America "to bring manufacturing back." In beat-up factory towns across the land, he has promoted a vision to rebuild manufacturing after decades of shuttered plants and vanishing middle class jobs.

Berets? Not ballcaps or cowboy hats? Ralph Lauren seemed poised to incite style wars when he chose to dress U.S. Olympians for the Opening Ceremonies in headwear that evokes French intellectualism more than American athletic prowess or even our frontier history.

LUANDA, Angola — For decades, residents of the waterfront slum here in Angola's capital have gazed at the hilltop presidential compound and the colonial fort overlooking the harbor. Now the vista is changing. Little by little, other people's prosperity is eating into Chicala.

Federal regulators had evidence that major banks could be manipulating one of the world's most important interest rates a year before the practice came to an end, according to documents released by the Federal Reserve Bank of New York on Friday.

As he campaigns for reelection, President Obama has embraced soaring political rhetoric, pledging to harness the ingenuity of America "to bring manufacturing back." In beat-up factory towns across the land, he has promoted a vision to rebuild manufacturing after decades of shuttered plants and vanishing middle class jobs.

JACKSON, Miss. – Mississippi can be a little defensive. "Yes, we have running water… right next to the world's finest kitchen appliances" says the display you walk past as you arrive at Jackson-Evers International Airport.