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A British magazine about business and global politics seems an unlikely hit among American readers. But The Economist is defying expectations. It has doubled its readership in the U.S. since 1993.

An appellate court upheld the conviction and 12-year sentence for ex-Prime Minister Najib Razak for abuse of power and criminal breach of trust in connection with the IMDB state investment fund.

The Fed is expected to raise interest rates Wednesday for the tenth time in 14 months. While inflation is still well above the Fed's target, forecasters think this could be the last hike for a while.

President Obama and the Democrats scored another major legislative victory Thursday. The Senate passed a broad bill to overhaul financial regulations. The measure rewrites the rules for Wall Street to try to avoid crises like the 2008 economic meltdown. This time the Democrats got a little help from Republicans.

Job gains in June were surprisingly strong, defying gloomy forecasts of a looming recession.

The Justice Department is on track to post a record number of health care fraud prosecutions in 2011. Researchers say DOJ reported 1,235 new cases this year, the largest since they began tracking the crime 20 years ago. U.S. Attorney's Offices in Miami, Puerto Rico and Houston accounted for the biggest number of cases. And DOJ officials say recoveries in these cases are bringing lots of money back to the U.S. Treasury. But some onlookers say the federal government can do more to nip health care fraud in the bud by cutting off payments to fraudulent recipients before they happen.

Federal Chairman Jerome Powell testifies before a Senate committee Tuesday morning. He'll likely be asked about the Fed's effort to curb inflation and how much higher interest rates are likely to go.

The slightly demented homemakers in Helen Ellis' new collection wield sharp elbows and sharper knives, but critic Heller McAlpin says the stories build to touching, unexpected punchlines.

The Federal Reserve is widely expected to hold interest rates steady on Wednesday. But investors will be on the lookout for any signals about what comes next.

Cost-conscious shoppers are getting more choosy about what they buy. That led to somewhat slower economic growth in the first three months of the year.