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Big banks announced around 60,000 job cuts in 2011. With businesses and consumers still focused on reducing debt, there isn't the same need for financial services as there was before, says one banking analyst. The outlook in the years ahead is for a smaller, more stable and less profitable industry.

Kinsey Wilson, an NPR senior vice president and general manager of NPR Digital Media, is becoming executive vice president and chief content officer. Margaret Low Smith, who has been acting senior vice president for news, is continuing in that role.

To celebrate the new year, Sasa Woodruff's mom bakes a punch torte, a tradition started in her family back in the former Czechoslovakia. Her mom was born during World War II and food was scarce, but thanks to her family's chickens, the 16 eggs the cake calls for were a luxury they could afford.

Humans begin trying to protect their “street cred” as soon as they realize it exists - somewhere right around when they decide it’s no longer cool for mom…

Rick Santorum racked up two wins in the South, Newt Gingrich vowed to stay in the race until Tampa, and Mitt Romney failed to put doubts about his candidacy to rest.

There was a political scramble in Maine after Tuesday's surprise retirement announcement from Olympia Snowe, one of the state's two Republican senators.

The Supreme Court will take up the issue of racial preferences in college admissions next fall, and some fear the decision will leave universities with fewer options for increasing diversity on campus. Others say affirmative action is a crutch that is long past due for replacement.

Sock monkeys, the red-mouthed, yarn-topped toys with a wide smile, were born during the Great Depression and handcrafted for the working class. Devotees of the little critters are still cherishing them at the annual festival dedicated to the Sock Monkey in Rockford, Ill.

Wednesday's bombing in Damascus, which killed several senior figures in President Bashar Assad's inner circle, also shattered the notion that he and his government still have firm control of the capital.

Hans-Jurgen Kuhl started painting at 10, and in his 20s experimented with clothing design. Later in life he discovered his greatest art form — counterfeiting money. In a piece for Wired, contributing editor David Wolman tells the story of Kuhl, who viewed his work fabricating $100 bills as art.