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AP source: Boehner offers millionaire tax hike

Submitted by Fox First at Ten on December 16th

By By JIM KUHNHENNAssociated Press WASHINGTON (AP) - Signaling new movement in "fiscal cliff" talks, House Speaker John Boehner has proposed raising the top rate for earners making more than $1 million, a person familiar with the negotiations said. President Barack Obama, who wants higher top

News Summary: ECB says 'no room for complacency'

Submitted by Fox First at Ten on December 14th

By By The Associated Press STAY ALERT: European Central Bank officials say there is "no room for complacency" even though debt stress on banks and financial markets has eased. NOT OUT OF WOODS: The central bank warned that failure by governments to reduce deficits and improve growth risked

Some worry Sandy could aid NY gambling expansion

Submitted by Fox First at Ten on December 14th

By By MICHAEL HILLAssociated Press ALBANY, N.Y. (AP) - Anti-gambling forces fear that the economic losses from Superstorm Sandy could help efforts to expand casino gambling in New York. State lawmakers were already expected to consider a gambling amendment to the state constitution next year

Could Superstorm Sandy aid NY gambling expansion?

Submitted by Fox First at Ten on December 14th

ECB: Crisis eases, "no room for complacency"

Submitted by Fox First at Ten on December 14th

By By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - European Central Bank officials say there is "no room for complacency" even though stresses from the debt crisis have eased on banks and financial markets. The central bank for the 333 million people in the 17-country eurozone on

Spain's house prices keep tumbling

Submitted by Fox First at Ten on December 14th

By By HAROLD HECKLEAssociated Press MADRID (AP) - Spain's ailing property market showed little sign of recovery Friday, with the latest figures showing house prices were down some 15 percent in the third quarter. The collapse in the country's real estate market in 2008 sparked Spain

Treasury spells out rules on taxing of tribes

Submitted by Fox First at Ten on December 14th

By By SUZANNE GAMBOAAssociated Press WASHINGTON (AP) - Taxes cannot be levied on honoraria to a shaman or spiritual leader for religious services, but could be assessed on per-capita payments from gambling revenues to tribal members, under a proposal for taxing Native Americans by the Internal

NYC teachers' fund pledges $1 billion in Sandy aid

Submitted by Fox First at Ten on December 14th

NEW YORK (AP) - A pension fund for city teachers is pledging $1 billion in new investments toward repairing roads and bridges damaged by Superstorm Sandy and other infrastructure projects. The New York City Teachers Retirement System is making the pledge through a project of the Clinton Global

Business Highlights

Submitted by Fox First at Ten on December 13th

By By The Associated Press ___ US holiday sales slowly pick up after Sandy WASHINGTON (AP) - U.S. consumers shook off Superstorm Sandy last month and stepped up holiday shopping, helped by a steady job market and lower gas prices. Retail sales rose 0.3 percent in November from October,

Embattled Rice bows out; Kerry new frontrunner

Submitted by Fox First at Ten on December 13th

By By BEN FELLER and JULIE PACEAssociated Press WASHINGTON (AP) - Susan Rice, the embattled U.N. ambassador, abruptly withdrew from consideration to be the next secretary of state on Thursday after a bitter, weekslong standoff with Republican senators who declared they would fight to defeat her