Even if U.S. lawmakers avoid the so-called fiscal cliff, higher taxes and brinksmanship in Washington are likely to continue damaging the fragile economy well into 2013.
With the latest eruption of the gun debate, Americans continues the fight over libertarian principles that we've kept going for more than 200 years -- the core tension between what's right for one of us and what's right for all of us.
As we start the new year, Sandra Block, senior associate editor at Kiplinger, will join us to talk about major financial decisions.
(The Daily Circuit,
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.
Scientists have used imaging tests to show for the first time that fructose, a sugar that saturates the American diet, can trigger brain changes that may lead to overeating.
Gov. Mark Dayton has checked out of Mayo Clinic in Rochester and is headed home for a few weeks of recuperation from back surgery.
Some of the biggest names in rock 'n' roll were on the bill for the nationally televised "12-12-12'' concert benefiting victims of Superstorm Sandy, but the charity in charge of distributing donations has been thinking small when it comes to doling out the $50 million-plus raised by Bruce Springsteen, Paul McCartney, the Rolling Stones and other stars.
Minnesota officials are pushing ahead with a publicly financed $2.6 million renovation of the 100-year-old Governor's Residence, making what they say are overdue fixes to a historically significant property worth about as much as the restoration will cost.
With steroids easy to buy, testing weak and punishments inconsistent, college football players are packing on significant weight -- 30 pounds or more in a single year, sometimes -- without drawing much attention from their schools or the NCAA in a sport that earns tens of billions of dollars for teams.
Hours past a self-imposed deadline for action, the U.S. 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 89-8. The measure now goes to the House.
From teeming Times Square to an Asian capital hosting its first public New Year's Eve countdown in decades, the world looked to the start of 2013 with hope for renewal after a year of economic turmoil, searing violence and natural disasters.