December 31, 2012 The leader of the judicial branch of government uses his end-of-year report on the state of federal courts to highlight efforts to trim government costs, and to note: "For each citizen's tax dollar, only two-tenths of one penny go toward funding the entire third branch of government!"
December 31, 2012 Some economists predict that the reconstruction from the damage caused by Superstorm Sandy will produce a stimulus effect for the U.S. economy in 2013 — especially in construction and related industries. Others say the losses associated with a storm will outweigh any positive effects from the rebuilding.
December 31, 2012 Europe spent much of this year trying to hold its common currency pact together. Greece, Spain, Italy and other countries flirted with disaster as interest rates spiked, forcing the debtor nations to accept austerity programs. The turmoil was bad enough to push much of the eurozone into recession.
December 30, 2012 President Obama went on air to levy pressure on Congress Sunday as Senate leaders worked to negotiate a deal to avert the "fiscal cliff." Graham said the odds of a last-minute deal are "exceedingly good."
December 29, 2012 The gong business is still a hit for Andrew Borakove, a comedy television writer turned gong salesmen. Despite the rocky economy, his doors have been open for eight years. "We've watched the world go up and down," he says, "but when you're selling gongs, there's no up or down, it's just round."