Stocks soar after Congress passes "fiscal cliff" bill

NEW YORK The "fiscal cliff" compromise, even with all its chaos, controversy and unresolved questions, was enough to ignite the stock market on Wednesday, the first trading day of the new year.The Dow Jones industrial average careened more than 300 points higher, its biggest gain since December 2011. It's now just 5 percent below its record high close reached in October 2007. The Russell 2000, an...

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House Hesitates, Cites Cliff Deal Spending

Top House Republicans today opposed a bipartisan compromise that passed the Senate in the wee hours of New Year's Day to avert the "fiscal cliff," as new studies conclude that the compromise on taxes and spending would add trillions to the U.S. deficit.If House Republicans tweak the legislation, as they seem likely to do, there's no clear path for its return to the Senate before...

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In-depth 2012: The best long reads of the year

Read more: "2013 Smart Guide: 10 ideas that will shape the year" Dig deeper, look closer and think harder – these are the goals of New Scientist's in-depth articles. Each one is perfect for saving in your favourite read-it-later...

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Motorcycle bomb kills four in Pakistan's Karachi

KARACHI: A motorcycle bomb exploded Tuesday near the venue of a major political rally in Pakistan's largest city Karachi, killing four people and injuring 42 others, officials said.The bombing appeared to be targeted at buses carrying supporters of the city's dominant political party, the Muttahida Qaumi Movement (MQM), which organised the rally attended by thousands of people."The latest...

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Pelosi: 'Gigantic' progress in talks

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61 killed in post-celebration stampede in Ivory Coast

ABIDJAN, Ivory CoastA crowd stampeded after leaving a New Year's fireworks show early Tuesday in Ivory Coast's main city, killing 61 people — many of them children and teenagers — and injuring more than 200, rescue workers said. Thousands had gathered at the Felix Houphouet Boigny Stadium in Abidjan's Plateau district to see the fireworks. It was only the second New Year's Eve fireworks display...

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Hillary Clinton's Blood Clot Located in Her Head

Michal Sula/MAFRA/isifa/Getty ImagesThe blood clot that put Secretary of  State Hillary Clinton in the hospital was found in her head between her brain and skull behind the right ear, her doctors said today.“It did not result in a stroke, or neurological damage,” her doctors,  Drs. Lisa Bardack and Gigi El-Bayoumi, said in a joint statement. “To help dissolve this clot, her medical...

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2012 review: The year in health science

Read more: "2013 Smart Guide: 10 ideas that will shape the year" The first half of 2012 will be remembered for the saga over whether or not to publish controversial research involving versions of the H5N1 bird flu virus engineered to spread...

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Clinton has blood clot close to her brain, say doctors

NEW YORK: Top US diplomat Hillary Clinton is suffering from a blood clot in a vein in her head but should make a full recovery, doctors said on Monday as she spent New Year's Eve in hospital.A routine scan on Sunday had revealed "that a right transverse sinus venous thrombosis had formed," doctors Lisa Bardack, of Mount Kisco Medical Group, and Gigi El-Bayoumi, of George Washington University,...

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Obama says cliff deal is near; House won't vote today

STORY HIGHLIGHTSNEW: No House vote Monday night, leadership saysNEW: McConnell says a deal is "very, very close," but GOP blasts Obama comments Possible agreement calls for increase in income, estate taxesThe fiscal cliff triggers broad tax increases and an automatic $110 billion in spending cutsAs the fiscal cliff looms, what's your New Year's message to Washington? Go to CNN iReport to share your...

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