'fiscall cliff'

Oil Rises On New Hope Of ‘Fiscal Cliff’ Resolution
NEW YORK (AP) — The price of oil is rising Monday as political leaders in Washington appear closer to a resolution in critical budget negotiations.
Benchmark crude rose 73 cents to $87.46 around 10:30 a.m. in New York.
Seeking to break an impasse in budget talks, House Speaker John Boehner has offered…
Narrow ‘Fiscal Cliff’ Bargain Gain Currency
WASHINGTON (AP) — The White House and congressional Republicans are setting their sights on a more modest 'fiscal cliff' deal to extend current tax rates for most Americans, raise rates for top earners but leave other, vexing issues for the new year, as hopes dim for a wide-ranging b…