Fed will reduce bond purchases by $10B in January
WASHINGTON (AP) — The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases by $10 billion starting in January.
AP Sources: Task force urges limit on NSA snooping
WASHINGTON (AP) — The White House on Wednesday will make public a broad surveillance review board report recommending changes to the National Security Agency, including a proposal that the NSA's collection of Americans' telephone records be stored by telephone companies or another third party, not the agency.
Lucky lotto tickets sold in Atlanta, San Jose
ATLANTA (AP) — Two lucky winning tickets were sold in this week's near-record $636 million Mega Millions drawing: one at a tiny newsstand in Atlanta, the other more than 2,000 miles away at a gift shop in California.
Defense bill gives Obama rare Guantanamo victory
WASHINGTON (AP) — Many detainees at Guantanamo Bay may be closer to heading home under a bipartisan deal reached in Congress that gives President Barack Obama a rare victory in his fight to close the prison for terror suspects.
Bipartisan budget agreement nears final passage
WASHINGTON (AP) — A modest, bipartisan budget pact designed to keep Washington from lurching from fiscal crisis to fiscal crisis and to ease the harshest effects of automatic budget cuts is on the brink of passing the Senate Wednesday despite increasing political heat over a proposal to curb the growth of the pensions claimed by working age military retirees.