The expiring Bush tax cuts aren’t the only laws worth watching for investors as the year ends. A number of new rules are kicking in next year that will allow workers to stash away more money in their 401(k)s and individual retirement accounts.
Hawaii Gov. Neil Abercrombie (D) on Wednesday selected Lt. Gov. Brian Schatz to fill the U.S. Senate vacancy created by last week’s death of veteran lawmaker Sen. Daniel K. Inouye (D).
Police traded gift cards for guns in Los Angeles on Wednesday, in a buyback program Mayor Antonio Villaraigosa announced as a crime-fighting response to the deadly shooting rampage in Newtown, Connecticut.
Former Rep. Joe Sestak (D-Pa.) speaking Wednesday about what the goals of Congress should be in regards to the fiscal cliff. He stressed that not all of the defense cuts take effect next year, so withholding the scheduled tax changes are the most important task in negotiations.
The ex-con turned sniper who killed two firefighters wanted to make sure his goodbye note was legible, typing out his desire to "do what I like doing best, killing people" before setting the house where he lived with his sister ablaze, police said.
