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WASHINGTON (AP) -- President Obama is praising the U.S. Senate's agreement on a bill to avert fiscal cliff.
The Senate passed legislation to block the impact of across-the-board tax increases and spending cuts that make up the fiscal cliff.
The vote was an overwhelming 89-8 and came well after midnight on New Year's Day.
A House vote is expected before Wednesday.
The White House-backed legislation would prevent middle-class taxes from rising, and raise rates on incomes over $400,000 for individuals and $450,000 for couples.
It also blocks spending cuts for two months, extends unemployment benefits for the long-term jobless, prevents a 27 percent cut in fees for doctors who treat Medicare patients and prevents a spike in milk prices.
A last-minute addition would also prevent a $900 pay raise for members of Congress from taking effect in March.
Hundreds remember dead Texas cheerleader
May 19, 2013 21:20 GMT
By BETSY BLANEY Associated Press
COLORADO CITY, Texas (AP) -- Hundreds of people are joining the parents of a 13-year-old Texas cheerleader to remember the teenager who disappeared in December 2010 and turned up dead last month.
Through songs and prayers they remembered Hailey Darlene Dunn's short life. The memorial was held Sunday at Colorado Middle School where Hailey was a cheerleader.
Dunn's body was found in March near Lake J.B. Thomas in Scurry County, about 20 miles northwest of Dunn's hometown of Colorado City. Last month, officials confirmed the remains belonged to Dunn.
An investigation into Dunn's death continues. Officials have not released a manner and cause of death. No arrests have been made.
Authorities initially named Shawn Adkins as a person of interest. He was Hailey's mother's boyfriend when the teenager disappeared. He has not been charged.
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Asian stocks rise on signs of steady US recovery
BANGKOK (AP) -- Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher today.
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Dow Record: Three tales of ups, downs and changes
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By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: FINANCIAL TIMES SITS HACKED
LONDON (AP) -- Another attack on a media site -- and again, one that is being claimed by the Syrian Electronic Army.
BRAS A FIRE HAZARD?
MILWAUKEE (AP) -- We haven't heard this much about the threat of bra burning since the days of the women's liberation movement.