Mitt Romney releases his first general election campaign ad. Plus wealthy GOP investors say their super PAC won't run a smear campaign connecting controversial pastor Jeremiah Wright with President Obama. Host Michel Martin discusses the latest political developments with Lenny McAllister of Politic365.com and author Michael Fauntroy.

Journalists have spent many days and millions of words hashing over the news that banking giant JPMorgan Chase lost billions of dollars trading "synthetic" derivatives.

I am one of those journalists who, more or less, can understand what the bank says it was trying to do, i.e., hedge against loan losses. But here's what I have a hard time explaining:

What does this kind of complex trading have to do with the price of eggs?

Low turnout is once again predicted in this year’s Kentucky primary election. Secretary of State Alison Lundergan Grimes predicts only 10 to 12 percent of registered voters will participate in Tuesday's elections.

University of Arkansas system president Donald Bobbitt will recommend Corey Alderdice to lead the Arkansas School of Mathmatics, Sciences and the Arts. Alderdice is currently the assistant director for admissions and public relations at the Gatton Academy of Mathmatics and Science at Western Kentucky University.

Daviess County Judge-Executive Al Mattingly says a 1% tax increase on hotel rooms in the county is needed to support the new downtown convention center. Mattingly told Daviess County Fiscal Court members that unless the slight tax increase is enacted, city taxpayers would have to foot the cost of running the new convention center when it opens next year.