The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases by $10 billion starting in January.
Harold Camping, the California preacher who used his evangelical radio ministry and thousands of billboards to broadcast the end of the world and then gave up public prophecy when his date-specific doomsdays did not come to pass, has died at age 92.
Several conservative Senate Republicans have swung behind a bipartisan budget bill, apparently giving it enough momentum to win a pivotal test in the Senate over the passive resistance of top GOP leaders.
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