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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Feb 06, 2013
Page
8
The Dow edged higher to 13,979.30 while the Nasdaq rose to 3,171.58 and the S&P 500 gained to 1,511.29. Treasury yields slipped to 3.22 percent as corn and soybeans posted modest gains, wheat fell, and oil and precious metals advanced with silver at 31.88 and platinum near 1,707.20.
Obama pressed Congress to approve targeted short term spending cuts and higher taxes to delay sweeping automatic cuts set for March 1. The CBO put the deficit at 845 billion this year, down from 1.1 trillion, with a path to 430 billion by 2015, marking a slow decline in borrowing.
Washington officials say the defense secretary is weighing access to on base commissaries and certain health and welfare programs for same sex partners of service members. The move aims to align with post ban changes while avoiding conflict with DOMA. An official decision could come in days, with anonymity used due to internal deliberations.
Washington lawmakers press to curb the Obama administration's use of lethal drones amid Democratic outcry over authority to kill suspected terrorists and even American citizens. The push grows after new revelations of the program.
Britain moves closer to legalizing same sex marriage as the House of Commons votes 400 to 175 in favor. The measure, urged by Prime Minister David Cameron, advances to Lords debates with a 2015 target, allowing civil and religious ceremonies with consent and permitting conversion of civil partnerships.
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