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  • U.S. stock rally fizzles at close; Dow down 204 points

    A rally in U.S. stocks evaporated in the minutes before the closing bell Tuesday, sending the Dow Jones industrial average down more than 200 points and extending Wall Street’s losing …


  • US lets in Thai fish caught by slaves despite law

    WASHINGTON (AP) — In its first report on trafficking around the world, the U.S. criticized Thailand as a hub for labor abuse. Yet 14 years later, seafood caught by slaves …


  • Federal judge stalls Obama’s executive action on immigration

    HOUSTON (AP) — A federal judge in Texas on Monday temporarily blocked President Barack Obama’s executive action on immigration, giving a coalition of 26 states time to pursue a lawsuit …


  • Post office retreats on eliminating Saturday mail

    WASHINGTON (AP) — The U.S. Postal Service backed down from its plan to eliminate Saturday mail delivery because Congress barred it, officials said today. But its governing board said it’s …


  • Senate gives pre-dawn OK to Democratic budget

    WASHINGTON (AP) — An exhausted Senate gave pre-dawn approval Saturday to a Democratic $3.7 trillion budget for next year that embraces nearly $1 trillion in tax increases over the coming …


  • Congress sends bill to Obama averting govt default

    WASHINGTON — Congress sent President Barack Obama drama-free legislation on Thursday raising the debt ceiling, averting a government default and putting off the next tax-and-spending clash between the White House …


  • House GOP plans vote on fiscal cliff ‘Plan B’

    WASHINGTON (AP) — The Republican-controlled House pushed ahead Thursday with a bill that would raise taxes on people earning over $1 million a year as hopes faded for a pre-Christmas …


  • House GOP plans vote on fiscal cliff ‘Plan B’

    WASHINGTON (AP) — The GOP-controlled House is moving ahead Thursday on a bill that would raise taxes on people earning over $1 million a year, sparing most workers from a …


  • Obama, Boehner clash as cliff edge approaches

    WASHINGTON (AP) — Fiscal cliff talks at a partisan standoff, President Barack Obama and House Speaker John Boehner swapped barbed political charges on Wednesday yet carefully left room for further …


  • Obama: He and Boehner ‘pretty close’ to a deal

    WASHINGTON (AP) — Optimistic despite a tightening deadline, President Barack Obama said Wednesday he and House Speaker John Boehner are “pretty close” to a grand fiscal deal to avoid a …


  • White House threatens veto of GOP budget plan

    WASHINGTON (AP) — The White House threatened Wednesday to veto House Speaker John Boehner’s backup plan for averting the “fiscal cliff,” saying it was time for Republicans to stop political …


  • Obama Social Security offer at odds with top Dems

    WASHINGTON (AP) — President Barack Obama’s offer to limit the growth of Social Security benefits would cost the average retiree less than $50 in the first year. But the cuts …


  • Cliff talks hit a lull with Boehner’s ‘Plan B’

    WASHINGTON (AP) — Just two weeks from an economy-threatening deadline, fiscal cliff talks hit a lull Tuesday as House Speaker John Boehner announced that Republicans would also march ahead with …


  • Fiscal cliff efforts ongoing, Boehner offers plan

    WASHINGTON (AP) — President Barack Obama and House Speaker John Boehner pushed ahead on negotiating a broad deal to avert the “fiscal cliff,” even as the GOP leader readied a …


  • Boehner to pursue backup bill to avert tax hikes

    WASHINGTON (AP) — House Speaker John Boehner said Tuesday that he is readying a backup bill aimed at averting the “fiscal cliff” because President Barack Obama has yet to offer …


  • Obama backs off hard lines in search of compromise

    WASHINGTON (AP) — Just two weeks before the economy-threatening “fiscal cliff” is due to kick in, both President Barack Obama and House Speaker John Boehner are making significant concessions, backing …


  • AP sources: New Obama offer moves toward Boehner

    WASHINGTON (AP) — President Barack Obama has agreed to curtail future cost-of-living increases for recipients of Social Security and softened his demand for higher taxes at upper income levels, narrowing …


  • Dems signal Obama flexibility on spending in talks

    WASHINGTON (AP) — Republican House Speaker John Boehner is offering to let taxes rise on wealthy Americans’ investment income and dividends as part of a deal to avert the “fiscal …


  • Movement seen in ‘fiscal cliff’ talks

    WASHINGTON (AP) — Big differences remain, but there is finally movement in long-stalled talks on avoiding the “fiscal cliff.” House Speaker John Boehner is offering $1 trillion in higher tax …


  • Crop insurance juicy target in ‘fiscal cliff’ deal

    WASHINGTON (AP) — Rural lawmakers worry that $9 billion in annual federal crop insurance subsidies are an easy target for spending cuts in a “fiscal cliff” deal so they’re shopping …


  • Time for Plan B on ‘fiscal cliff?’

    WASHINGTON (AP) — It’s beginning to look like it’s time for Plan B on the “fiscal cliff.” With talks between President Barack Obama and House Speaker John Boehner apparently stalled, …


  • $4 trillion no magical cure for debt problem

    WASHINGTON (AP) — President Barack Obama has proposed saving more than $4 trillion over the next decade in his “fiscal cliff” talks with Republicans. House Speaker John Boehner has offered …


  • Narrow ‘fiscal cliff’ bargain gains currency

    WASHINGTON (AP) — Hopes dimming for a wide-ranging bargain, the White House and many congressional Republicans are setting their sights on a more modest deal that would extend current tax …


  • Night talks: Obama, Boehner meet on ‘fiscal cliff’

    WASHINGTON (AP) — Face to face with time running short, President Barack Obama and Republican House Speaker John Boehner negotiated at the White House on Thursday night in what aides …


  • Senate turns to Sandy aid bill Monday

    WASHINGTON (AP) — The Senate will be turning its attention to a $60.4 billion disaster aid package for Superstorm Sandy victims next week while President Obama and House Speaker John …


  • Obama, Boehner hold hour-long White House meeting

    WASHINGTON (AP) — President Barack Obama and House Speaker John Boehner held a “frank” meeting lasting nearly an hour Thursday night, aides to both men said. Boehner returned to the …


  • Boehner: White House risks fiscal cliff stalemate

    WASHINGTON (AP) — House Speaker John Boehner says the White House is so resistant to cutting spending that it is risking pushing the country off the “fiscal cliff.” In remarks …


  • No budging as fiscal cliff talks appear stalled

    WASHINGTON (AP) — Republicans aren’t budging on tax rates, and Democrats are resisting steps like raising the eligibility age for Medicare. Negotiations on averting a year-end fiscal train wreck combining …


  • Fiscal cliff talks intense; Obama and Boehner talk

    WASHINGTON (AP) — Despite an intensifying pace, little progress is being reported in talks on averting automatic spending cuts and tax increases that economists fear could send the U.S. economy …


  • House GOP press Obama for balanced fiscal deal

    WASHINGTON (AP) — House Republican leaders are pressing President Barack Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the so-called “fiscal …

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