Treasury Secretary Timothy Geithner told Congress on Tuesday that efforts to strengthen the global financial system to prevent another deep crisis will falter if the United States drops the ball on overhauling regulation of its own banking system.

A Dickinson construction materials company ignored years of Internal Revenue Service warnings before the corporation and its executives were indicted for tax fraud, a federal judge said Tuesday.

Senate health care legislation expected this week is likely to include a new long-term care insurance program to help the elderly and the disabled avoid going into nursing homes, Democratic officials say.

Stocks finished an erratic session mixed Tuesday as higher commodity prices lifted energy and materials shares. Major stock indexes had their third straight advance, reaching new 13-month highs, but there were more declining shares than advancers on the New York Stock Exchange and the Nasdaq Stock Market.

Top Federal Reserve officials on Tuesday struck differing notes on the likely pace of the U.S. economic recovery and one warned that pockets of weakness must not deter the central bank from withdrawing its extraordinary economic support.

SACRAMENTO, Calif.—-Please replace the release with the following corrected version due to multiple revisions. The corrected release reads:

NEW YORK—-In the course of routine surveillance, Fitch Ratings has downgraded Port Huron, Michigan’s approximately $116.6 million outstanding limited tax general obligation to ‘A’ from ‘A+’.

Treasury prices rose modestly Tuesday as investors balanced positive news from a tame inflation report against increasing supply from corporate and sovereign issues that compete against government debt.

AUSTIN, Texas—-In the course of routine surveillance, Fitch Ratings downgrades to ‘A’ from ‘A+’ the rating on Uvalde Consolidated Independent School District, Texas’ approximately $29 million in outstanding unlimited tax bonds.