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| Wednesday, Jan 02, 2013 04:15 AM EST | |
| Congress avoids 'fiscal cliff' Wed, 02 Jan, 2013 01:14 AM PST WASHINGTON -- Past its own New Year's deadline, a weary Congress sent President Barack Obama legislation to avoid a national "fiscal cliff" of middle class tax increases and spending cuts late Tuesday night in the culmination of a struggle that European shares surge after Obama strikes ‘fiscal cliff’ deal Wed, 02 Jan, 2013 01:12 AM PST EUROPEAN shares, oil and gold rose strongly this morning after US politicians struck a long-awaited deal to avoid a fiscal crisis, while safe-haven dollar and German government bonds fell. While private-sector work world went on vacation, political world went through an upheaval Wed, 02 Jan, 2013 01:12 AM PST During the 12 days of Christmas vacation for many in the working world, the Massachusetts political world has undergone an upheaval. President Obama has tapped Senator John Kerry to be the country’s next secretary of state. Kerry and Vicki Kennedy have thrown their support behind Representative Edward Markey to succeed him as senator. And Representatives Michael Capuano and Stephen Lynch have ... Fiscal cliff deal forged in flurry of final talks Wed, 02 Jan, 2013 01:10 AM PST WASHINGTON (AP) â€" They had 80 hours to finish or fail. Stuck in a 'fiscal cliff' stalemate, trust nearing tatters, President Barack Obama and Senate Republicans changed the game after Christmas. Rendition gets ongoing embrace from Obama administration Wed, 02 Jan, 2013 01:10 AM PST The three European men with Somali roots were arrested on a murky pretext in August as they passed through the small African country of Djibouti. Related Stories Fiscal cliff deal approved by House of Representatives Fiscal cliff deal approved by Congress Shell rig runs into Alaskan shore 'No oil leak' from Royal Dutch Shell drilling rig which ran aground off Alaska Venezuelan president Hugo ... Congress OKs cliff deal, signaling future fights Wed, 02 Jan, 2013 01:10 AM PST WASHINGTON (AP) â€" Congress' approval of a compromise averting a prolonged tumble off the fiscal cliff hands a victorious President Barack Obama most of the tax boosts on the rich that he campaigned on. It also prevents House Republicans from facing blame for blocking tax cuts for most American households, though most GOP lawmakers parted ways with Speaker John Boehner and opposed the measure. Despite deal, taxes to rise for most Americans Wed, 02 Jan, 2013 01:10 AM PST WASHINGTON (AP) â€" The tax package negotiated by President Barack Obama and Senate Republicans and passed by Congress will protect 99 percent of Americans from an income tax increase. But that doesn't mean that most of them won't see their taxes rise. Predicting When the Next Sandy Will Hit Wed, 02 Jan, 2013 01:08 AM PST The day after Sandy hit, New York Governor Andrew Cuomo repeated a joke he said he had told President Barack Obama in the days leading up to the storm: “We have a 100-year-flood every two years now." Mayor Michael Bloomberg, in a later interview, suggested that Sandy was a rare event. As a result, he said the Metropolitan Transportation Authority should spend its money on expanding service ... 10 Things to Know for Wednesday Wed, 02 Jan, 2013 01:07 AM PST The House approved Senate legislation to avert an economic meltdown late Tuesday and sent it to President Obama. Ending the Social Security payroll tax cut means that someone earning $50,000 will pay $1,000 more a year in taxes. Despite passing 'fiscal cliff' bill, political brinksmanship still threatens US economy Wed, 02 Jan, 2013 01:07 AM PST Obama: I won't debate with Congress over paying bi...: After the "fiscal cliff" bill passed in the House, President Obama commented that he would "not have another debate with this Congress over whether or not they should pay the bills that they've already racked up." | |
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