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 ease the harshest effects of automatic budget cuts is on the brink of passing the Senate.
Fed decision on pace of bond purchases is awaited
WASHINGTON (AP) — Investors are waiting to see whether one of Ben Bernanke's final acts as chairman of the Federal Reserve will be to announce a pullback in the Fed's bond purchases. The purchases have been intended to keep long-term loan rates low to spur economic growth.
India diplomat says she faced cavity search in NYC
NEW DELHI (AP) — An Indian diplomat said U.S. authorities subjected her to a strip search, cavity search and DNA swabbing following her arrest on visa charges in New York City, despite her "incessant assertions of immunity."