Conference committees to get busy at the Capitol House and Senate conference committees will begin working this week on the Republican-backed budget bills that have already passed both chambers. Gov. Mark Dayton has declined an invitation from GOP leaders to take part in those negotiations, because he says the bills aren't quite ready.7:20 a.m.
Congress Readies For More Budget Battles
As both sides sort out who won and who lost in the budget deal, the next phase of wrangling ensues. The current-year budget deal still needs full congressional approval. The House is expected to approve a new budget plan for 2012 that includes big changes in Medicare and Medicaid. And there's the looming battle about raising the federal debt ceiling.
World Bank: Fight Poverty With Political Reform
Spring meetings of finance ministers on the global economy open in Washington, D.C., on Friday. The sessions will take place with a backdrop of continued disputes over world trade rules, and popular uprisings in the Middle East and North Africa, where economies are stagnating.
African Union Hopes To Broker Libya Peace Deal
Leaders of the African Union are in Eastern Libya to negotiate with the rebel leadership. They've just met with Moammar Gadhafi, and they say he has agreed to their "road map' to end the fighting with rebels.
Mubarak, Sons To Face Egypt's Anti-Corruption Panel
Former Egyptian President Hosni Mubarak came one step closer to a formal investigation into charges of embezzlement of public funds and the killing of protesters during the January uprising that forced him to step down. On Sunday, Egypt's public prosecutor issued a summons for Mubarak and his two sons to face an anti-corruption panel. The summons came amid new tensions between the protest movement and the military council that succeeded Mubarak.
Major Power Shortages Loom Over Japanese Firms
The Japanese government says it may ask major businesses and institutions to reduce the amount of power they use by 25 percent this summer. The country is already suffering through rolling blackouts. Some businesses say the huge cuts may be difficult to endure.
Senior Moments: A Sign Of Worse To Come?
What people experience as a memory problem — or a senior moment — is often really a problem of not paying attention, experts say. There are lots of reasons why brains get sluggish, but doctors say a "cognitive reserve" can help make up for damage that accumulates in an aging brain.
Want To Live To 100? Try To Bounce Back From Stress
Unusual longevity often has a genetic basis, but geriatricians say that people who make it past 100 tend to exhibit a powerful trait called adaptive competence. When faced with adversity, they dust themselves off and move on, says commentator Dr. Mark Lachs, a geriatrics specialist. A bright attitude and sense of humor can go a long way.
NYSE Rejects Nasdaq Bid, Gas Prices Rise
Officials at the New York Stock Exchange rejected an offer by Nasdaq to buy the NYSE for $11.3 billion. The company said it was sticking with an earlier offer made by Germany's Deutsche Bourse for about $10 billion. Meanwhile, prices at the gas pump are at a 30 month high. As oil prices near $113 a barrel, the national average for regular gas has hit $3.74.
One Woman's Foreclosure Fight: Is Victory In Sight?
Debra Dahlmer has never missed a mortgage payment. But her lender, Bank of America, still threatened to foreclose on her. After a saga that has lasted for more than a year and a half, there might finally be light at the end of the tunnel.
Stores Begin Charging Fees To Try On Clothing Items
Some people go shopping and try on shoes or clothes to find the perfect fit. Instead of buying them in the store, they go home and buy them online at a better price. Some retailers in Australia are fed up. They're charging a "fitting fee," according to a newspaper there.