Employers stepped up hiring amid fiscal cliff turmoil

Employers stepped up hiring amid fiscal cliff turmoil

U.S. employers likely kept hiring last month at a modest but steady pace, despite tense negotiations that pushed the economy to the brink of the fiscal cliff. Economists forecast that employers added 155,000 jobs in December, according to a survey by FactSet. That would be slightly higher than November’s 148,000. The unemployment rate is projected […]

New Congress will face the same, old partisan problems

New Congress will face the same, old partisan problems

Congress is ushering in the new and the old — dozens of eager freshmen determined to change Washington and the harsh reality of another stretch of bitterly divided government. The 113th Congress will convene Thursday at the constitutionally required time of noon for pomp, pageantry and politics as newly elected members of the House and […]

John Boehner, under fire for delaying relief action, sets vote for Friday

John Boehner, under fire for delaying relief action, sets vote for Friday

The House is headed for a vote on aid for Superstorm Sandy victims after House Speaker John Boehner mollified Republicans from New York and New Jersey upset with his decision to cancel action on the bill. Facing intense pressure, Boehner agreed Wednesday to schedule a vote Friday on $9 billion for the national flood insurance […]

Gov. Christie nails Republicans for failure to provide aid to hurricane victims

Gov. Christie nails Republicans for failure to provide aid to hurricane victims

Gov. Chris Christie‘s blunt talk has long been one of his hallmarks. But Christie, who has verbally tangled with many, showed Wednesday he’s willing to aim his barbs at the highest echelons of his own party. In a State House news conference, Christie blasted Republican U.S. House Speaker John Boehner of Ohio for delaying a […]

Al-Jazeera buys Current TV. Now what?

Al-Jazeera buys Current TV.  Now what?

With its purchase of left-leaning Current TV, the Pan-Arab news channel Al-Jazeera has fulfilled a long-held quest to reach tens of millions of U.S. homes. But its new audience immediately got a little smaller. The nation’s second-largest TV operator, Time Warner Cable Inc., dropped Current after the deal was confirmed Wednesday, a sign that the […]

House abandons political rhetoric, approves Senate bill averting ‘fiscal cliff’

House abandons political rhetoric, approves Senate bill averting ‘fiscal cliff’

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 strained America’s divided government to the limit. The bill’s passage on a 257-167 vote in the House […]

House Republicans throw monkey wrench into effort to avoid fiscal cliff

House Republicans throw monkey wrench into effort to avoid fiscal cliff

Emergency legislation to avoid the economy-threatening fiscal cliff ran into vehement New Year’s Day opposition from House Republicans, casting doubt on the divided government’s ability to prevent widespread tax increases and painful, across-the-board federal spending cuts. “I do not support the bill. We are looking, though, for the best path forward,” House Majority Leader Eric […]

Senate approves tax, spending deal 89-8

Senate approves tax, spending deal 89-8

Hours past a self-imposed deadline for action, the Senate passed legislation early New Year’s Day to neutralize a fiscal cliff combination of across-the-board tax increases and spending cuts that kicked in at midnight. The pre-dawn vote was a lopsided 89-8. Senate passage set the stage for a final showdown in the House, where a vote […]

Docs use blood thinners to treat Hillary Clinton’s clot

Docs use blood thinners to treat Hillary Clinton’s clot

Doctors treating Secretary of State Hillary Rodham Clinton for a blood clot in her head said blood thinners are being used to dissolve the clot and they are confident she will make a full recovery. Clinton didn’t suffer a stroke or neurological damage from the clot that formed after she suffered a concussion during a […]

Senate, White House reach tentative deal to avert fiscal cliff

Senate, White House reach tentative deal to avert fiscal cliff

Racing the clock, the White House reached a New Year’s Eve accord with Senate Republicans late Monday to block across-the-board tax increases and spending cuts in government programs due to take effect at midnight, according to administration and Senate Democratic officials. Under the deal, taxes would remain steady for the middle class and rise at […]