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Investor Bernard Madoff has been placed under house arrest after allegations he ran a Ponzi scheme that bilked investors of up to $50 billion. Christopher Cox, the chairman of the Securities and Exchange Commission, said he was "gravely concerned" about the SEC's failure to act.

Israeli warplanes have made more airstrikes into Gaza as key world powers pressure Israel and Hamas to call a truce. Hamas, meanwhile, is keeping up its rocket barrages into southern Israel. Israeli officials have turned down a call for a two-day truce in Gaza so medical, food and relief supplies could get in.

President-elect Barack Obama named Nancy Killefer as his chief performance officer. Her job will be to bring modern ideas of business efficiency to the White House. Obama also spoke of his plans to revive the economy without worsening the federal budget deficit.

Sen. Chris Dodd (D-CT) unveiled a financial regulation bill Tuesday that would take the job of overseeing banks away from the Fed, and give it to a new agency. But fellow Democrats Barney Frank (D-MA) and President Obama have a different approach on the issue. David Wessel, economics editor of The Wall Street Journal, offers his insight.

The Army says at least 12 were killed and 31 people wounded in a pair of shootings at the Fort Hood Army base in Texas. An Army spokesman said three shooters were apparently involved.

President Obama will tour several Western locales this weekend, including the western slope city of Grand Junction, Colo. The city is the site of an innovative program for controlling health care costs that the president wants to highlight.

Police in Cambridge, Mass., have released the tapes of a 911 call and radio dispatches that led officers to the home of Henry Louis Gates Jr., where the Harvard scholar was arrested for disorderly conduct two weeks ago.

Attorney General Michael Mukasey says he wants Congress, not judges, to make policy on how Guantanamo detainees may challenge their detention. The U.S. Supreme Court has ruled against the Bush administration three times in cases related to processing Guantanamo detainees.

Republican John McCain berated Wall Street, a day after he said the fundamentals of the economy were still strong despite the economic troubles. Campaigning with his running mate, Alaska Gov. Sarah Palin, he said regulation needs to be streamlined.

People withe pre-existing conditions would still be protected from insurance discrimination under the new House GOP bill, but it remains to be seen how that benefit would be paid for.

People who think the change in administrations may save them from having to pay a fine for not having insurance in 2016 could be in for a rude surprise.

About a third of people over the age of 79 are taking a cholesterol-lowering statin to prevent the first occurrence of a heart attack or stroke. Proof is scant that the benefits outweigh the risks.

Community groups getting federal funds to reduce hospital readmissions made little improvement, an early evaluation finds. The experiment will run for five years.

Demand for summer air travel is strong despite high fares. Travelers, however, should brace for the worst — after widespread flight delays and cancellations last summer.

More schools closed in the U.S. Monday in an effort to reduce the spread of swine flu. Included are 24 schools in a district west of Detroit where a high school student may be infected with the new H1N1 flu strain. The Centers for Disease Control and Prevention says it is considering making guidelines on school closures more flexible.

President-elect Barack Obama has unveiled his national security team. Among the main appointments: Defense Secretary Robert Gates is staying on at the Pentagon, Sen. Hillary Clinton will be secretary of state and Eric Holder will be the attorney general.

Indian authorities say more than 100 people have been killed by gunmen, who stormed at least 10 locations in Mumbai Wednesday night. Teams of gunmen targeted the separate sites including luxury hotels, hospitals and a train station. Filmmaker Smriti Mundhra and Journalist Sara Rajan were near two of the hotels that were targeted and talk with Steve Inskeep about what they say.

Book critic Maureen Corrigan reviews Reborn: Journals & Notebooks, 1947 – 1963, the newly published intimate ruminations of Susan Sontag.

Defense minister Oleksii Reznikov will be replaced this week with Rustem Umerov, a Crimean Tatar lawmaker. Umerov has served as head of the State Property Fund of Ukraine since September 2022.

Extreme weather has already taken a big toll this summer around the world. So as the climate keeps changing, how much worse should we expect disasters to get? And what are the lessons for next time?

The author of The Girl with the Dragon Tattoo had long been investigating the death of Swedish Prime Minister Olof Palme. Journalist Jan Stocklassa convincingly and humbly picks up where he left off.

Close to 1,000 people are unaccounted for after the Maui wildfires. The fire burned so hot, some people may never be able to recover the remains of loved ones. (Story aired on ATC on Aug. 24, 2023.)

A two-year FBI investigation into allegations of abusive policing in two Bay Area communities has resulted in charges against ten police officers there.

Distribution of supplies is going well, but the search for victims is going painstakingly slow, given the challenges of finding and identifying remains.

NPR's A Martinez talks with Los Angeles Mayor Karen Bass about a rash of smash-and-grab robberies in Southern California.