WASHINGTON: The US Treasury said the country would hit its debt ceiling on Monday as expected, forcing it to take measures to keep funding the government while political leaders battle over the deficit.The Treasury said it would adjust its handling of civil service pension fund assets to be able to keep operating under the $16.394 trillion borrowing limit without slashing federal spending,...
Library Web sites see boost in mobile traffic
Labels: LifestyleThe San Francisco Public Library's mobile site.(Credit:Screenshot by Donna Tam/CNET)Mobile is key for any organization that wants to capture the attention of Americans -- even for an institution that seems as antiquated as the public library system.The number of Americans using mobile devices to access library Web sites has more than doubled in the last three years, according to a Pew Research Center...
Lovie Smith fired as Bears coach after 9 seasons
Labels: Health LAKE FOREST, Ill. The Chicago Bears fired coach Lovie Smith on Monday after the team missed the playoffs for the fifth time in six seasons. Smith was informed of the decision by general manager Phil Emery on the day after the Bears beat Detroit to finish 10-6 but still didn't make the playoffs. 10 PhotosNFL coaches, GMs sacked in firing frenzy Smith led the Bears to a Super Bowl, but also saw...
Fiscal Cliffhanger: Tax Deal 'Within Sight,' Not Done
Labels: Business President Obama said an 11th-hour agreement to avert year-end tax hikes on 98 percent of Americans is "within sight" but not yet complete with just hours to go before the nation reaches the so-called fiscal cliff."There are still issues left to resolve but we're hopeful Congress can get it done," Obama said at a midday White House news conference. "But it's not done."Congressional...
State Department made "grievous mistake" over Benghazi: Senate report
Labels: WorldWASHINGTON (Reuters) - The State Department made a "grievous mistake" in keeping the U.S. mission in Benghazi open despite inadequate security and increasingly alarming threat assessments in the weeks before a deadly attack by militants, a Senate committee said on Monday. A report from the Senate Homeland Security Committee on the September 11 attacks on the U.S. mission and a nearby...
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Brazil, Mexico have most Latin American billionaires
Labels: Technology MEXICO CITY: Brazil and Mexico have the most billionaires in Latin America but earn the least from estate taxes, according to a new study from a regional economic group.Brazil tops the billionaires list with 30, followed by Mexico, with 11, said this month's report from the Economic Commission for Latin America and the Caribbean.Mexico's Carlos Slim is the richest in the world according...
TwitPic snared by Google's malware detector
Labels: LifestyleGoogle tags TwitPic as malware host.(Credit:Screenshot by Steven Musil/CNET)Google's Web site malware checker identified TwitPic as a security threat today, a classification that has the popular photo site baffled.Instead of the usual archiving and sharing tools they are used to, users attempting to visit TwitPic today are being greeted by a message informing them that the site has been blocked because...
Pakistan terror incidents threaten peace talks
Labels: Health ISLAMABAD The killing of 41 people in two separate terrorist incidents in Pakistan appeared on Sunday to temporarily halt prospects for immediate peace talks between Pakistani authorities and Taliban militants, two senior Pakistani intelligence officers and a senior western diplomat in Islamabad warned. Both intelligence officers said that the fallout of the killings may even harm U.S. plans to...
Cliffhanger: 'Major Setback' For Budget Talks
Labels: Business With less than two days remaining for Congress to reach a budget agreement that would avoid the so-called "fiscal cliff," ABC News has learned that negotiations have reached a "major setback."According to Democratic sources the row was sparked when the GOP offered a proposal that included a new method of calculating entitlement benefits with inflation. Called the "chained consumer...
Body of India rape victim cremated in New Delhi
Labels: WorldNEW DELHI (Reuters) - The body of a woman, whose gang rape provoked protests and rare national debate about violence against women in India, arrived back in New Delhi on Sunday and was cremated at a private ceremony. Scuffles broke out in central Delhi between police and protesters who say the government is doing too little to protect women. But the 2,000-strong rally was confined to...
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