Nara Prasad Salveraj

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China ivory craze kills 100,000 elephants

China's skyrocketing appetite for ivory is leading to the unsustainable slaughter of African elephants.<p>As prices for precious ivory goods have surged in China, the number of poached elephants has also escalated. Iain Douglas-Hamilton, founder of Save the Elephants, said 100,000 African elephants …

Torture report reveals CIA spent $300 million

The CIA spent "well over" $300 million on the CIA's covert detention and interrogation program, according to the blockbuster Senate report made public Tuesday.<p>What exactly did that money buy? The report offers some answers -- and hides others. A relatively quick scan of the report found more than …

Fed to big banks: You need even more capital

Big banks have taken many steps during the past few years to ensure that they have enough capital on hand in case of another financial crisis. But the Federal Reserve wants them to do even more.<p>The Fed unveiled a proposal Tuesday for rules that would force several large financial firms to boost the …

Getting a mortgage is about to get easier

For years now, if you didn't have near perfect credit and a hefty 20% down payment, chances were slim that lenders would give you a mortgage.<p>But that's all about to change.<p>That's because Fannie Mae and Freddie Mac, the two government-backed mortgage giants that backstop a majority of all mortgages, …