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  • Carlos Fuentes, one of the most influential Latin American writers, died Tuesday at a hospital in Mexico City at the age of 83. He was instrumental in bringing Latin American literature to an international audience, and he used his fiction to address what he saw as real-world injustices.
  • The conservative known for his role in the 2008 presidential election is taking on a veteran Democrat in a new Ohio district. An analyst calls the race a microcosm of "the culture wars that are going on in the country right now." Most of the candidates' funding is coming from outside the state.
  • Congressional candidates are increasingly raising money from supporters and groups who are ideological and outside their district — leaving some to say local voters and local issues are playing second fiddle to these donors' ideologies.
  • JPMorgan Chase hosted its annual shareholder meeting in Tampa Tuesday, and it was the first chance for shareholders to weigh in on the banks problems. News the bank lost at least $2 billion in a botched trading strategy gave fresh fodder to critics who want banks to be more tightly regulated.
  • A ruling this week by a federal appeals court means non-profit groups running one type of political campaign ad will no longer be able to keep their donors secret. The appellate order, however, could be appealed.
  • Greece will hold new elections next month after leaders failed to form a government this week. The political uncertainty has raised fears that the heavily indebted country will be forced to exit the eurozone.
  • Ford Motor Company is making tens of thousands of white-collar retirees decide whether they want to keep getting their pension in monthly installments, or get a lump sum payout. Ford sees the unprecedented move as a way to reduce the company's liabilities.
  • This could be the last day of testimony in the John Edwards trial. Edwards was a rising star in the Democratic Party until an extramarital affair derailed his political ambitions. He's charged with accepting secret payments of almost a million dollars to cover up the affair and pregnancy.
  • Treasury Secretary Timothy Geithner warned on Tuesday that the U.S. will likely hit its debt limit sometime before the end of the year. At the same event in Washington, House Speaker John Boehner promised that any increase in the nation's debt ceiling would have to be accompanied by corresponding budget reductions. .
  • Bill Wisth recently went to Chuck's Place outside Milwaukee, Wis., for the all-you-can-eat fish fry. But after he ate 12 pieces of fish, the restaurant said they were out of fish. Wisth, who cried false advertising, plans a weekly picket outside the restaurant.
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