Fiscal Cliff

Budget Battles

  • One Million Jobs Already Lost Due to Fiscal Cliff

    By Lori Montgomery Wp, The Washington Post

    The “fiscal cliff” is still two months off, but the scheduled blast of tax hikes and spending cuts is already reverberating through the U.S. economy, hampering growth and, according to a new study,...

  • 3Q GDP Ticks Up, but Not Enough to Create Jobs

    By Lucia Mutikani, Reuters

    Economic growth picked up in the third quarter as a late burst in consumer spending offset the first cutbacks in investment in more than a year by cautious businesses. The stronger pace of expansion...

  • Gaffes Aside, the GOP Can Still Control Congress

    By Eric Pianin and Merrill Goozner

    Republicans once were considered a sure bet to reclaim control of the Senate in November until they were hit with a string of bad luck. They could still win a majority of seats in the Senate and...

  • Are You Better Off? More Americans Say Yes

    By Yuval Rosenberg

    In an encouraging sign about the tenuous economic recovery – and a potentially promising one for the Obama campaign – slightly more Americans say they feel financially better off, rather than worse,...

  • Apple Falls Short As Stocks Eke Out Small Gains

    By Reuters

    Stocks eked out small gains on Thursday in another uninspiring session on Wall Street, with worries about weak business spending keeping investors wary. After the close of trading, Apple Inc (AAPL.O...