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It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.

In his new book, Average Is Over, Tyler Cowen predicts that America will become a new, more creative meritocracy. Though he believes a rise in income inequality is inevitable, he hopes that "happiness inequality isn't going up in the same way."

Long before smart watches became the latest pursuit for tech companies, Gordon Moore of Intel was experimenting with wristwatch computers. Intel's co-founder and his colleagues built a line of chip-powered watches in the late '70s. The concept was visionary, but the business was a failure. Moore now keeps a memento that he calls his "$15 million watch."

International Paper will close a mill in Courtland, Alabama, that employs more than 1,000 workers. The company blamed a decline in the demand for paper products in the U.S. for the decision. It said the shutdown will be completed in about six months.

Millions of American homeowners are underwater — that is they owe more than their house is worth. That number though is falling as home prices rise, and as more houses get foreclosed on.

Pope Francis has famously shunned luxury items — including the popemobile. The pope has accepted the keys to a 1984 Renault with nearly 190,000 miles on it. It was a gift from a priest. The pope plans to drive it on Vatican grounds.

The whimsical Ugly Animal Preservation Society held an online vote to find a mascot. The blobfish, "a mass of pale, jelly-like flesh with puffy, loose skin," is the "winner."

About 233,000 gallons of the sticky substance were spilled into part of Honolulu Harbor on Monday. Thousands of ocean creatures were killed as the molasses sinks to the bottom. "Everything down there is dead," a diver says.

The effort to override a veto by Democratic Gov. Jay Nixon on legislation that would have nixed federal rules fell one vote shy of passing.

Food allergy experts are rethinking when to introduce toddlers and babies to the foods most likely to cause allergic reactions. It's a shift away from earlier advice to delay the introduction of the foods to help prevent allergies.