Defense secretary says U S is retooling fight against ISIS
Defense Secretary Ash Carter says the United States is retooling its strategy in Iraq and Syria and could conduct unilateral ground raids to target Islamic State militants. He cites ongoing special operations raids in Syria and a recent rescue in northern Iraq.
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Congress backs budget deal to avert shutdown and default
Congressional leaders and the White House unite behind a budget and debt accord to end shutdown and default threats until after a new president takes office. Boehner plans to push the measure through as he exits, with Paul Ryan set to become speaker. The pact raises military spending, extends the debt ceiling to March 2017, and funds government for 2016 and 2017 while easing caps and addressing Social Security disability and Medicare premium concerns.
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Iran invited to join next round of Syria talks in Vienna
U S officials say Iran will attend to discuss Syria's future for the first time in international talks. The round, led by John Kerry and Sergey Lavrov, is set to begin Thursday in Vienna with European and Arab diplomats. Iran backs Assad and its participation could meet opposition concerns as diplomacy aims to end the four year war. Russia extended the invitation amid behind the scenes talks with regional rivals. Move risks upending how talks have worked and whether Tehran accepts the seat. State Department notes the invitation reflects a shift in strategy.
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U.S. home values and rents defy slowdown in 2015
U.S. housing remains buoyant with rising home values and rents as demand stays strong. S&P Case Shiller shows 5.1 percent price gain year over year to August, while Zillow notes September rents up 3.7 percent. Mortgage rates ease to 3.79 percent, aiding buyers but wage growth lags, suggesting gains depend on high earners and tech hubs.
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