US Consumer Confidence Falls
U.S. consumer confidence fell sharply – from 71.5 to 65.1 – in December as Americans worried that political bickering in Washington could slow the economy and raise unemployment.
Fiscal Cliff Deal Outlines Emerging
U.S. leaders are edging closer to a compromise on contentious end-of-year mandates for sharp spending cuts in key government programs and tax increases for almost all American workers.
North Korea Reportedly Removes Rocket From Launch Pad
North Korea appears to have taken apart and moved its long-range rocket, a day after announcing that technical difficulties had caused a one-week delay of its launch.
Internet Security Mogul McAfee Arrested in Guatemala
U.S. technology entrepreneur John McAfee has been arrested in Guatemala for illegally entering the country, where he fled to avoid questioning in Belize about the murder of his neighbor.