In a study (pdf) released today, the Federal Reserve reports that Americans saw a record drop in their wealth between the years 2007 to 2010. Driven primarily by plummeting home values, families' median net worth dropped 38.8 percent, to levels last seen 18 years ago.
Apple kicked off its Worldwide Developer Conference Monday with the announcement of its own maps in the mobile operating system. It's Apple's bid to challenge the dominance of Google maps for all kinds of location-based apps. Maps underlie many important things people do with mobile and up until now Google has had a lock on maps.
A member of the Cabinet is under investigation for a series of auto accidents in California. Commerce Secretary John Bryson allegedly hit a car that was stopped at a railroad crossing on Saturday, then hit it again as he drove off. Later, Bryson allegedly hit a second vehicle. He was found unconscious in his car. Police say there's no indication that drugs or alcohol played a role and no one was seriously hurt. The Commerce Department says Bryson suffered a seizure, as NPR's Scott Horsley reports.
Late last week the attorney general, under pressure from lawmakers, appointed two prosecutors to look into leaks of national security secrets. But leak cases are notoriously difficult to prosecute, and the prospects for these cases are problematic.