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American households lost roughly $16 trillion in net worth since the recession started in 2007. According to the latest Fed data, we regained about $14.6 trillion, or roughly 91 percent, of it. But let's not break out the champagne glasses just yet.

More than a year after Staples announced the $6.3 billion merger, a judge has blocked it, saying it would hurt competition in the office supplies industry. The companies then called off the deal.

The flooding north of Chicago has affected some 6,800 buildings and is "unprecedented," Illinois officials said. It's expected to worsen this weekend.

The unseeded Latvian shocked Simona Halep on Saturday, winning her first major in dramatic fashion. Ostapenko overcame dozens of unforced errors on the strength of a number of stunning shots.

The 6-year-old had been hospitalized since being shot five times in November. He departed in in grand style — in a fire truck.

The gist of the former Montgomery County district attorney's remarks hinged on the argument that Democrats were responding in a partisan way to the Jan. 6 Capitol insurrection.

Last night at a campaign fundraiser in Harlem's Apollo Theater, he briefly broke into song with a bit of Let's Stay Together. Obama joins a long line of presidents with some musical talent.

As flames engulfed a Roxbury, Mass., apartment house early this morning, Judith Lamb held her young grandson out a window. She was shielding him from the fire and smoke. The 6-year-old was OK after being caught by Lt. Glenn McGillivray.

Italy was also facing higher borrowing costs causing experts to worry the country's could soon find the rates unsustainable.

More than 1.6 million American children were homeless at some point in 2010, the nonprofit National Center on Family Homelessness reports today.