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Obama on 'The View'
On ABC's daytime talk show "The View," President Barack Obama said the entire affair regarding Shirley Sharrod was a "phony controversy."
• Obama: We overreacted to Sherrod

Gates: Leaks will do damage
Defense Secretary Robert Gates says the Afghan leaks could cause extensive damage to the allied mission. Meanwhile, investigators have found evidence linking someone to the leaks.

From vuvuzelas to 'electro'
The latest South African craze is dance music on speed. Jeff Bush spends time with street dancers in Soweto, who are moving to new electronic tracks that push the pulsating beats to the limit.

Investor be nimble
The market has scared many investors, but the fundamentals are good, according to Liz Ann Sonders (right) of Charles Schwab. She tells MarketWatch's Andrea Coombes that long-term investors can take advantage of current volatility.

Goldman reforms: No swearing
In the wake of embarrassing profanity that came to light in recent hearings, Goldman Sachs moves to prohibit swearing in emails and other messages.

Prospects for control of House
Republicans clearly have the momentum, but Democrats have a little-noted weapon, money. Jerry Seib explains why both sides think they have a good shot of taking over the House.

Parts of Arizona law blocked
A federal judge blocked key sections of Arizona's tough new immigration law, granting the Obama administration's request for an injunction.
• Employers still face immigration crackdown

Expecting more from advisers
The financial crisis continues to change what investors want in their relationship with their financial advisers, according to findings of Merrill Lynch's Affluent Insights Quarterly report.

What does your 401(k) charge?
The Labor Department is moving ahead on rules
to help employers and workers better understand 401(k) fees. Andrea Coombes reports.

BP's Hayward headed to Siberia
Criticized BP Chief Executive Tony Hayward, will step down and take over joint venture in Russia.
• Slide show: BP's fraught quarter
• BP's ties to Lockerbie examined