
US Treasury to take steps to avoid borrowing limit
The U.S. Treasury Department will begin taking steps on Friday to delay hitting the government's $16.4 trillion borrowing limit on Dec. 31.

Retailers pull stocks lower on poor holiday sales
For the stock market, this week hasn't been the most wonderful time of the year. U.S. stocks fell Wednesday for the third trading day in a row.

GOP shows signs of bending after election defeat
For years, Republicans have adhered fiercely to their bedrock conservative principles, resisting Democratic calls for tax hikes, comprehensive ...
US economy could handle short fall over 'cliff'
The economic threat that's kept many Americans on edge for months is nearing reality — unless the White House and Republicans cut a budget deal by New ...
US home prices rise in October from previous year
US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes
Asia stocks rise as Japan gets new government
Asian stock markets rose Wednesday as traders snapped up stocks before the end of the year, while the Tokyo benchmark hit a nine-month high after a ...
Over the fiscal cliff: What kind of landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.

Obama cuts vacation short as 'fiscal cliff' looms
With a yearend deadline looming before the economy goes over the so-called fiscal cliff, President Barack Obama is cutting short his traditional ...

Some urge Boehner: let Dems pass fiscal cliff bill
In case the public weren't frustrated enough over Congress' failure to resolve the "fiscal cliff," consider this: lawmakers probably could enact a ...

Over the fiscal cliff: How hard a landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.

Over the fiscal cliff: Soft landing or dizzy dive?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.

A look at tough issues awaiting Obama's final term
As President Barack Obama approaches his second and final term, he will have to decide where to be ambitious, where to be cautious and where to buy ...

Stocks dip with budget deal in doubt at year's end
Stocks fell in light trading Monday during a shortened holiday trading session with lawmakers running out of time to reach a budget deal that would ...

Lawmakers see 'fiscal cliff' deal as elusive
With anxiety rising as the country lurches towards a "fiscal cliff," lawmakers are increasingly skeptical about a possible deal and some predict the ...

Monti says he is open to leading next government
After keeping Italians, and the rest of Europe, in suspense for weeks, caretaker Premier Mario Monti on Sunday ruled out campaigning in February ...

Egypt opposition alleges vote fraud in referendum
Egypt's opposition said Sunday it will keep fighting the Islamist-backed constitution after the Muslim Brotherhood, the main group backing the ...

'Fiscal cliff' leaves Boehner a wounded speaker
John Boehner is a bloodied House speaker following the startling setback that his own fractious Republican troops dealt him in their "fiscal cliff" ...

Analysis: GOP policies led to fiscal cliff blowup
House Republicans seem shocked by their party's meltdown on the so-called fiscal cliff. They shouldn't be. The uncompromising conservatives who ...
California jobless rate dips below 10 percent
After a long twilight, business is booming again at Matt Construction as high-end orders come in for hotels and office complexes. The Los Angeles-area ...

Still time to dodge the cliff, Obama, Boehner say
With Congress in gridlock and stocks taking a fall, President Barack Obama issued a stern summons to lawmakers Friday to pass legislation to prevent ...

Signs suggest better economy if 'cliff' is averted
Fresh signs of a strengthening U.S. economy on Friday suggested that if Congress and the White House can avert the "fiscal cliff," the economic ...

Stocks sink after Republicans cancel budget vote
Investors sent Washington a reminder Friday that Wall Street is a power player in talks to avoid the "fiscal cliff." Stocks fell sharply after House ...