Higher taxes won’t much improve US finances and would likely wreck the economy. But as fiscal cliff talks intensify, a small group of Republican senators are prepared to help President Obama make the rich pay more – facts notwithstanding. A better approach: Spur private-sector growth.
Unemployment rate: Obama may benefit from the unemployment rate drop as the country heads into a presidential election year.
Texas Gov. Rick Perry, in an address in Pennsylvania, says the energy sector could create jobs in plenty of states where there are resources, and vows to lead charge to clear regulatory hurdles.
House Republicans are blocking a vote on a bill to punish China for currency manipulation. Leaders say it could unleash a trade war, but many rank and file want to take China to task.
An AT&T and T-Mobile merger would mean 'higher prices' for customers, says the Justice Department, which is suing to block the deal. Is the AT&T and T-Mobile merger now a bust?