U S job market holds firm despite fiscal cliff fears
Employers added 155 000 jobs in December keeping the unemployment rate at 7 8 percent. Construction and manufacturing led growth with 30 000 and 25 000 jobs respectively as hours and pay rose while the economy neared debt limit and the Fed maintained its 85 billion dollar monthly bond purchases.
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Washington
U.S
Robert Kavch
BMO Capital Markets
Congress
Manufac
Dan Greenhaus
BTIG
Federal Reserve
Fed
Congress approves 9.7 billion flood insurance measure
Congress approved a 9.7 billion flood insurance package as the first installment of up to 60 billion in Superstorm Sandy relief. The House passed 354 to 67 with only Republicans voting no, and the Senate quickly approved.
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Toms River N.J
Congress
Shore
Washington
New Jersey
Chris Christie
Pete King
New York
House
John Boehner
Lican
Senate
Barack Obama
Christie
Andrew M. Cuomo
Liberty Island
Public split on government action to curb obesity
An AP NORC poll shows Americans divided over government involvement in solving obesity. About a third want deep government action, another third want little or no role, with most supporting calories on menus and school activity while opposing taxes on unhealthy foods.
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Washington
Associated Press-Norc Center For Public Affairs Research
Food and Drug Administration
Giffords Visits Connecticut Families After School Shooting
Former Arizona congresswoman Gabrielle Giffords met privately with Newtown victims’ families nearly two years after she was wounded in the Tucson mass shooting. She was joined by her husband Mark Kelly and attended by Senator Richard Blumenthal.
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Newtown
Conn
Arizona
Gabrielle Giffords
Connecticut
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