The largest-ever U.S. municipal junk bond sale remains in limbo after Indiana learned that a Pakistani company backing a fertilizer plant financed by the biggest borrowing in state history is linked to explosives causing the most U.S. casualties in Afghanistan.
As the U.S. gross domestic product takes a hit from lower defense budgets, federal spending cuts viewed as unthinkable a few months ago -- $1.2 trillion falling heavily on the Pentagon -- are seen as likely starting March 1.
For a 70-year-old man, U.S. Vice President Joe Biden sure spends an awful lot of time winning the Internet. No other living politician has quite the same ratio of words spoken to memes inspired. Last week’s contribution was the patter of joyously weird, occasionally creepy, one-liners he threw off while swearing in the 113th Senate.
The Republican nominee for U.S. Senate in Pennsylvania suggested that a woman who was impregnated by a rapist faces a similar decision to one contemplating whether to give birth to a child out of wedlock.
Senate Democrats from states including Minnesota and Pennsylvania are caught between their support for medical-device industries and their party’s reluctance to make major changes to the 2010 health-care law.