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The U.S. Securities and Exchange Commission has reached a settlement with two former Fannie Mae (FNMA.OB) executives in one of its biggest lawsuits tied to the financial crisis, and the two men agreed as part of the deal to cooperate with the SEC in its case against former Chief Executive Daniel Mudd.

When the last U.S. Supreme Court term ended in June with an unusual showdown over a decision approving Oklahoma's lethal injection process, some court watchers saw it as a sign the court might soon take up the bigger question of the constitutionality of the death penalty itself.

Volkswagen (VOWG_p.DE) shares plunged by nearly 20 percent on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the United States, and U.S. authorities said they would widen the probe to other automakers.