'fiscall cliff'

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 to raise taxes on some wealthy earners — but only if President Barack Obama agrees to cuts in ben

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 bargain...

WASHINGTON (AP) — President Barack Obama is working on a blend of foreign and domestic issues, but none seemingly as urgent as his effort to strike a deal with congressional Republicans to avoid the so-called fiscal cliff at the end of the year...