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Romney's big loss leaves GOP with no clear leader
Mitt Romney's shadow looms over a Republican Party in disarray. The face of the GOP for much of the last year, the failed presidential candidate has ...
Asia stocks rise on improved China manufacturing
Asian stock markets rose Monday after surveys showed a recovery in China's manufacturing. HSBC's Purchasing Managers' Index rose to 50.5 in November ...
'Cliff' talks: White House waiting on GOP move
Republicans have to stop using "political math" and say how much they are willing to raise tax rates on the wealthiest 2 percent of Americans and then ...
Bersani wins Italy primary, heads to general vote
Pier Luigi Bersani, the head of Italy's main center-left Democratic Party, won a runoff primary Sunday to become the main center-left candidate for ...
Slovenes choose leader amid uncertainty
Voters in small, crisis-hit Slovenia chose a president on Sunday amid growing discontent with government cost-cutting measures designed to avoid an ...
Merkel does not rule out Greek haircut after 2014
Germany no longer rules out the possibility of forgiving Greece some of its debt once the country's finances are in order, Chancellor Angela Merkel ...
Boehner tells Geithner, 'You can't be serious'
House Speaker John Boehner says he was "flabbergasted" when Treasury Secretary Tim Geithner (GYT'-nur) pitched the White House plan to save the nation ...
UK finance boss: Debt-cutting slower than expected
Britain's Treasury chief acknowledged Sunday the economy is taking longer than expected to recover from the financial crisis, but insisted he will not ...
Mitt Romney's loss creates GOP leadership vacuum
Mitt Romney's shadow looms over a Republican Party in disarray. The face of the GOP for much of the last year, the failed presidential candidate has ...
Pressuring GOP, Obama takes his fiscal plan to Pa.
President Barack Obama argued Friday that allowing taxes to rise for the middle class would amount to a "lump of coal" for Christmas, while Republican ...
Cyprus rushes adoption of austerity measures
Cyprus' finance minister urged lawmakers Friday to approve a first batch of spending cuts and tax hikes agreed with international creditors by Dec.
Stocks inch lower as investors wait on budget
Stocks ended the week more or less where they started it. Investors were watching closely while lawmakers in Washington worked at thrashing out a ...
Obama takes middle class tax cut pitch outside DC
President Barack Obama is urging Congress to pass an extension of tax cuts for middle class families, saying a tax increase for them would be like a ...
Stock gains limited by US fiscal cliff uncertainty
Uncertainty over whether U.S. leaders can resolve a critical budget deadlock and figures showing the unemployment rate across the 17-country eurozone ...
Sandy slowed US consumer spending and pay in Oct.
Americans cut back on spending last month while their income remained flat. The weakness in part reflected disruptions from Superstorm Sandy that ...
Oil slips below $88 on stall in US budget talks
The price of oil fluctuated near $88 a barrel on Friday amid uncertainty about progress in U.S. budget talks meant to avoid automatic tax increases ...
Former SD Gov. Rounds announces run for US Senate
Former Republican Gov. Mike Rounds announced plans Thursday to seek South Dakota's U.S. Senate seat, setting up a 2014 battle between two men who have ...
White House 'cliff' offer gets GOP cold shoulder
The White House is seeking $1.6 trillion in higher taxes over a decade and an immediate infusion of funds to aid the jobless, help hard-pressed ...
GOP: White House proposes $1.6T tax increase
Republicans familiar with a new White House offer on avoiding the so-called fiscal cliff say it looks almost exactly like President Barack Obama's ...
Sandy delivers heavy blow to US economy
Superstorm Sandy packed a bigger economic punch than most people had thought. In its sweep through the Northeast, the storm halted sales at major ...
Biden, at Costco, calls for middle class tax cut
Vice President Joe Biden went on a Costco shopping spree Thursday and called for Congress to extend middle-class tax cuts as part of a deal to avoid ...
Stocks rise and fall with twists in budget talks
Optimism that a budget deal will be reached in Washington sent stocks modestly higher Thursday. A pair of economic reports also brightened the mood.
The reward for surviving Sandy may be higher taxes
Superstorm Sandy may have one more nasty surprise still to come: higher taxes. The math is simple and cruel. The storm left fewer properties standing, ...
Stocks inch higher on hopes for a budget deal
Stocks are closing with modest gains as talks proceed in Washington over narrowing the U.S. government's budget deficit. A pair of strong economic ...