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  • Even the guy in charge of the Dow doesn't check it every day. Yet we're constantly bombarded by news of the Dow's daily movements.
  • A federal watchdog confirmed it is looking into Freddie Mac investments that act as bets against homeowners being able to refinance. In addition, U.S. senators are expected to probe Freddie Mac's investment practice at a hearing on Capitol Hill on Thursday.
  • European leaders are working on a $172 billion bailout aimed at preventing Greece from falling into bankruptcy. But the Greek finance minister will go to EU leaders empty handed. Greek lawmakers failed to reach an agreement on pension cuts among other things.
  • A trading scandal last year cost UBS more than $2 billion and pushed it into the red. The bank plans to take back some of that money, according to The Wall Street Journal. UBS's board of directors decided to take back half of stock-based bonuses awarded last year, if the bonuses exceeded $2 million.
  • One day after winning caucuses in Colorado and Minnesota, as well as a "beauty contest" primary in Missouri, GOP presidential candidate Rick Santorum traveled to Texas for a series of campaign appearances. He met with evangelical pastors in the morning and members of the Tea Party in the afternoon.
  • Italy's Prime Minister Mario Monti meets President Obama at the White House Thursday for talks, just as confidence in Italy's economy is beginning to return. The technocrat who succeeded the flamboyant Silvio Berlusconi is trying to change Italy's image abroad.
  • By a nearly unanimous vote this morning the House passed the STOCK Act. It will explicitly ban insider trading by members of Congress and their staffs.
  • The last time the Nuclear Regulatory Commission approved a plant was in 1978, a year before the partial meltdown of Three Mile Island.
  • Revising its beach rules, Los Angeles County decides Frisbees, footballs can't be thrown during the summer.
  • The House on Thursday passed a bill that would ban congressional insider trading. With congressional approval at all-time lows, the bill was widely seen by lawmakers as a small step in restoring public confidence. But differences remain to be worked out with a Senate measure, passed last week.
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