America's Olympic athletes will no longer pay a so-called victory tax under a bill President Barack Obama has signed into law. The IRS will now be prohibited from taxing most medals or other prizes awarded to U.S. Olympians.

U.S swimmer Ryan Lochte has apologized for his behavior surrounding a late-night incident at a Rio de Janeiro gas station, saying he should have been more careful and candid about how he described what happened.

A top Brazilian police official says Ryan Lochte and three other American swimmers were not the victims of a robbery as some of the athletes had claimed.

What is getting more attention? Michael Phelps ending his career with 23 Olympic gold medals or the bruises all over his body? We all noticed the welts - dotted across his shoulders and back - as he swam to victory and it re-ignited interest in an ancient eastern therapy called cupping. Find out what cupping is all about in Health Watch.

Olympic champion Michael Phelps is putting his swimming career on hold after his second DUI arrest.

Olympic champion Michael Phelps is apologizing for his latest brush with the law, saying he is "deeply sorry to everyone I have let down" with an arrest early Tuesday on a DUI charge.