The Jersey shore is a part of the region's culture that inspires nostalgia. But post-Superstorm Sandy, there are questions about how to rebuild the places special to many and who should pay. "Is it going to look like what people remember from their childhoods? The answer is no," one mayor says.
Peruvian food, iPad menus and artisan cheese are all on the menu for 2013, but woe to the gazpacho. According to a survey by the National Restaurant Association, the tangy soup and those teeny sliders are on the way out.
Congress finally made a permanent fix to the alternative minimum tax, which threatened to boost the tax bills of millions of Americans each year. But the AMT also created a "useful fiction," as one analyst says, by appearing to shrink future budget deficits.
The owner of the Deepwater Horizon rig where 11 men died in April 2010 has agreed to pay criminal and civil penalties to resolve Justice Department allegations over its role in the Gulf of Mexico oil spill.
A new Congress takes office today, after a nail-biting end to the last term. There were reports of choice words from House Speaker John Boehner to Senate Majority Leader Harry Reid, but Congress came together on a budget agreement. Guest host Celeste Headlee asks how congressional deals are made, and what to expect from the freshman class.
Last year, American companies announced the fewest number of layoffs for any year since 1997. That's good news. In December, they added on 215,000 workers, according to a new survey. That's good news too. But last week more people filed first-time claims for unemployment insurance.
By letting the House take up the Senate's fiscal cliff-dodging legislation that raises income tax rates on the wealthiest earners, Speaker John Boehner answered affirmatively a question that had been on many minds: Would he allow an up-or-down floor vote on a bill opposed by most fellow House Republicans?
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