Foreign investors major force behind deal

Take a guess. Which of these put more pressure on US lawmakers to strike a deal and avoid the “fiscal cliff” – voters or global financial markets?If you picked markets, you may be right.On the day after the last-minute agreement, an uptick in global stock prices seemed far more welcome in Washington than the reaction of voters. The reason is that foreign creditors to the US Treasury had been near...

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GOP balks at lack of spending cuts, House could vote tonight

House Majority Leader Eric Cantor, R-Va., left, with Speaker of the House John Boehner, R-Ohio, head into a closed-door …Updated 7:27 pm ETRepublican House leaders are giving their fractious caucus a choice: Try to amend a fiscal cliff compromise passed in the Senate early Tuesday morning or go for a straight up-or-down vote on the original deal.Either way, it apppeared the fate of the measure...

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Fiscal cliff tumble looms despite Senate efforts

By Richard Cowan and Roberta Rampton WASHINGTON (Reuters) - The United States was on track to tumble over the "fiscal cliff" at midnight on Monday, at least for a day, as lawmakers held back from supporting an eleventh-hour plan from Senate leaders to avert severe tax increases and spending cuts. The U.S. House of Representatives looked unlikely to vote on a Senate "fiscal...

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Fiscal cliff negotiations stall; Senate to resume talks New Year's Eve

Democratic Senate Majority Leader Harry Reid speaks on the Senate floor. (Reuters/C-SPAN/Handout)Bottom line: Still no "fiscal cliff" deal. And none seems imminent.The U.S. Senate on Sunday ended the day still sharply divided over how to avoid the automatic  income-tax hikes and deep government spending cuts set to kick in Jan. 1 that could plunge the economy into a new recession.Despite pleas...

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Obama ‘optimistic’ Senate leaders will reach ‘fiscal cliff’ deal this weekend

(Reuters/Jonathan Ernst)Following talks with congressional leaders that yielded no news of  a "fiscal cliff" agreement, President Barack Obama on Friday evening pressured lawmakers to reach a deal this weekend as the public's patience wears thin."America wonders why it is that in this town for some reason they can't get stuff done in an organized timetable, why everything always has to wait for...

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Retired General Norman Schwarzkopf dies

WASHINGTON (AP) — Retired Gen. H. Norman Schwarzkopf, who topped an illustrious military career by commanding the U.S.-led international coalition that drove Saddam Hussein's forces out of Kuwait in 1991 but kept a low public profile in controversies over the second Gulf War against Iraq, died Thursday. He was 78.Schwarzkopf died in Tampa, Fla., where he had lived in retirement, according to a U.S....

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Former President George H.W. Bush in intensive care

HOUSTON (AP) — Former President George H.W. Bush has been admitted to the intensive care unit at a Houston hospital "following a series of setbacks including a persistent fever," but he is alert and talking to medical staff, his spokesman said Wednesday.Jim McGrath, Bush's spokesman in Houston, said in a brief email that Bush was admitted to the ICU at Methodist Hospital on Sunday. He said doctors...

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Newtown celebrates Christmas amid signs of mourning

NEWTOWN, Conn. - Newtown celebrated Christmas amid piles of snow-covered teddy bears and heaps of flowers as volunteers manned a 24-hour candlelight vigil in memory of the 20 children and six adults shot to death in the second-largest school shooting in U.S. history.Well-wishers from around the country showed up Tuesday morning to hang ornaments on memorial Christmas trees, while police officers from...

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Firefighters killed in house fire 'ambush'

Click image to see more photos. (REUTERS/Jamie Germano/Democrat and Chronicle/Handout)A man with a criminal history shot and killed two West Webster, N.Y. firefighters and seriously injured two others as they responded to a fire at his home, police say.William H. Spengler, Jr., 62, apparently started a 5:35 a.m. fire at his home on Lake Road  and then waited with an armament of weapons for first...

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NRA’s LaPierre: New gun laws won't work

LaPierre speaks at Friday's press conference. (Getty)Two days after suggesting a "good guy with a gun" be stationed at every school in the country in response to the deadly shootings in Newtown, Conn., National Rifle Association executive vice president Wayne LaPierre blasted critics of his plan.In an interview broadcast on Sunday's "Meet The Press," LaPierre reiterated the statements he made Friday...

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Final day of funerals for Newtown shooting victims

The final three victims of the massacre at Sandy Hook Elementary School will be laid to rest today, ending a somber week of funerals.A mass will take place today at St. Rose of Lima Catholic Church for Josephine Gay, who had celebrated her 7th birthday on Dec. 11.Friends and family have been asked to wear Josephine's favorite color, purple, in her honor. ...

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Meet the man spearheading the effort to get armed guards in schools

WASHINGTON (Reuters) - In 2006, a political ad swept through the state of Arkansas, touting Asa Hutchinson's values as "shaped in rural Arkansas, a half-mile down a dirt road." In his unsuccessful bid for governor, the former federal prosecutor and U.S. congressman touted his conservative political views and garnered a strong endorsement from the National Rifle Association, a powerful U.S. gun...

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Blizzards, tornadoes, blackouts hit Midwest

CHICAGO (Reuters) - The first major winter storm of the year hit the U.S. Midwest on Thursday, bringing a blizzard to the Plains and tornadoes to Alabama and Arkansas, and leaving some 133,000 customers without electricity. Bad driving conditions led to a 25-car pileup on a highway near Clarion, Iowa, that left three people dead, authorities said. Blizzard warnings were in effect in eastern...

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Scam artists creep in as families grieve

NEWTOWN, Conn. (AP) — The family of Noah Pozner was mourning the 6-year-old, killed in the Newtown school massacre, when outrage compounded their sorrow.Someone they didn't know was soliciting donations in Noah's memory, claiming that they'd send any cards, packages and money collected to his parents and siblings. An official-looking website had been set up, with Noah's name as the address, even including...

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NRA breaks silence on 'horrific' massacre

Tasha Devoe, left, of Lawrence, Mass., joins a march to NRA headquarters in Washington on Dec. 17, 2012. (Manuel …The National Rifle Association on Tuesday broke its silence on last Friday's mass shooting at Sandy Hook Elementary School in Newtown, Conn., denouncing the "horrific and senseless murders" and vowing to "help make sure this never happens again."Facing a fierce push for new restrictions...

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Newtown boy remembered as 'old soul'

Though he was only in first grade, Daniel Barden was very much an "old soul," his family said today. He was one of the 20 children who died Friday at Sandy Hook Elementary School in Newtown, Conn.At the age of 4, he displayed an empathy for others remarkable for a child so young. It didn't go unnoticed - teachers chose Daniel to be paired with a special education student at his school. PHOTOS:...

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Newtown residents seek solace in church and prepare to bury their dead

A couple leaves a morning service at Trinity Church not far from the Sandy Hook School on Sunday. (Getty)NEWTOWN, Conn. -- Residents of this shell shocked community attended church services and prepared to bury their dead two days after a gunman mowed down more than two dozen people in one of the worst mass shootings in U.S. history.President Barack Obama left the White House mid-afternoon Sunday...

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Sandy Hook shooter a mystery to neighbors and former classmates

Police prohibited access on Saturday to the neighborhood where gunman Adam Lanza lived. (Jason Sickles/Yahoo N …NEWTOWN, CONN. -- Even to his neighbors, the gunman who massacred 26 kids and educators at an elementary school here still remains somewhat of a mystery."I want to know more," said Len Strocchia, who lives less than half mile away from the shooter's house.Authorities say Adam Lanza,...

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20 children, 6 adults killed at Conn. school shooting

Twenty children died today when a heavily armed man invaded a Newtown, Conn., elementary school and sprayed staff and students with bullets.The gunman, identified as Adam Lanza, 20, was found dead in the school.Lt. Paul Vance said 18 children died in the school and two more died later in a hospital. Six adults were also slain, bringing the total to 26.In addition to the casualties at the school, Lanza's...

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Why Rice took her name off the list

Ambassador Susan Rice stunned Washington Thursday afternoon by withdrawing her name for consideration as secretary of State. President Obama accepted her decision.Currently the US envoy to the United Nations, Ambassador Rice was widely seen as a top prospect to replace Secretary of State Hillary Rodham Clinton, who is retiring at the end of Mr. Obama’s first term. But her star was tarnished in September...

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