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Bank of America To Pay Record $16.65 Billion Fine

The Justice Department announced today that Bank of America will pay a record $16.65 billion fine to settle allegations that it knowingly sold toxic mortgages to investors. $7 billion of it will go to consumers faced with financial hardship.

US Air Pollution Hits 10-year Low, Report Finds

A report by the American Lung Association finds that air pollution has fallen to its lowest levels since the group began collecting data in 2000. The nonprofit organization credits the Clean Air Act for the cleanup of major air pollution sources, such as coal-fired power plants and the fleet of older, dirtier trucks.