NEW YORK

The federal regulator of Fannie Mae and Freddie Mac is arguing that principal reductions for home loans would benefit the banks that hold secondary debt while weakening the mortgage giants' finances.

Athletes have showed their support in the Trayvon Martin case and look to continue showing it on Monday at a rally in Sanford, Fla. where the 17-year-old was shot and killed.

Bert Sugar, boxing writer and sports historian, known for his fedora and cigar, passed away on Sunday from cardiac arrest. He was 75.

After calling the recent recovery a puzzle, markets reacted enthusiastically to Fed Chairman Ben Bernanke's pronouncements

Tim Tebow will have a press conference with the New York media today at noon. If you want to follow along live this guide has all your answers.

Tim Tebow will be introduced as a Jet today at noon.

The Jets are having a press conference today to welcome Tim Tebow to New York. He will likely discuss what else he might do besides play quarterback.

A GOP presidential candidate is lashing out at the media, and it's not Newt Gingrich.

The U.S. military has officially charged Sgt. Robert Bales with the murder of 17 Afghan civilians, including an unborn baby of one of the victims. With the inclusion of the unborn baby in the dead list, the tally went up to 17, though Afghan officials had reported only 16 deaths initially.

Two US senators have called on the federal agencies to investigate whether employers are violating federal law by requesting Facebook passwords from interviewees. Senators Charles Schumer, a Democrat from New York, and Senator Richard Blumenthal, a Democrat from Connecticut, have asked the Department of Justice and the US Equal Employment Opportunity Commission to commence investigations.

From 1950s Balenciaga hat to Estee Lauder's turban, the Bard Graduate Center (BGC) in New York City is showcasing an exclusive millinery exhibition by master hat-maker Stephen Jones in collaboration with London's Victoria & Albert Museum.

Disagreement emerged on Sunday over the re-listing of an electronic stock exchange that suffered a high-profile crash last week, a breakdown that forced it to unwind its initial public offering of shares.

The 2012 GLAAD Media Awards kicked off in New York City on Sunday night with Glee stars Naya Rivera and Cory Monteith hosting the gala event, the first of three celebrating the LGBT community and its supporters. Attendees included Dakota Fanning, Padma Lakshmi, Wendy Williams, La La Anthony and more.

BATS Global Markets, the U.S. exchange operator that withdrew its public offering Friday after a computer glitch sent its newly-issued stock into a tailspin, should develop a "credible IPO plan" and go through with it in the second quarter, its founder and current director said.

The Hunger Games reigned champion its opening weekend, snagging a whopping $155 million in ticket sales, according to an estimate by Lions Gate reported by E! News.

Hundreds of Occupy Wall Street activists marched through the streets of New York City Saturday protesting police violence and demanding the resignation of New York City Police Commissioner Ray Kelly.

Amid the hoopla surrounding new product introductions by Apple (Nasdaq: AAPL), the initial public offering of Facebook (NYSE: FB) and what’s new with “Angry Birds,” people forget to acknowledge the true “brains” of the whole business: the chip.

With political pressures mounting, talk about the release of the strategic oil reserves has come back. Will the President decide to release the country's reserves in a last gasp effort to stem the gas price spike? And if he does, what kind of impact will it have on prices?

The Knicks bounced back after a loss on Friday night to beat the Detroit Pistons by 22 points (79-101) on Saturday at Madison Square Garden. Watch our YouTube video roundup of game highlights and post-game interviews with the players and coach Woodson.

The day broke unseasonably warm as we prepared for a daytrip up to Beacon, NY, to visit the Dia Art Foundation. Spring, possibly early summer, came early to Brooklyn, and I was glad for the sun-roof on the Lexus hybrid I was driving for the weekend (for a review of the car, the Lexus CT 200h, see the related articles).

Police Saturday arrested 14 people in connection with two separate Occupy Wall Street protests in New York.