WASHINGTON - The U.S. Federal Reserve announced plans to trim its aggressive bond-buying program, but sought to temper the long-awaited move by suggesting its key interest rate would stay lower for even longer than previously promised. Live Coverage | Full Article
WASHINGTON - The U.S. Senate was ready on Wednesday to pass a two-year budget deal aimed at avoiding a government shutdown in January despite objections by senators from both parties to proposed pension cuts for military retirees.
LOS ANGELES/NEW YORK - Concerns among Hispanics that signing up for medical insurance under President Barack Obama's healthcare law may draw the scrutiny of immigration authorities has hurt enrollment, according to advocates of the policy. Full Article
Russia has offered to buy $15 billion in Ukrainian bonds and supply discounted gas in an effort to soothe unrest in Ukraine. But while the deal will buy Putin cheap influence, it's unlikely to stop the protests. Video | Related Story: Ukrainian president under pressure
Dec. 18 - Protesters outside the American embassy in New Delhi demand an apology from the U.S. over the treatment of an Indian diplomat who was strip-searched after her arrest in New York last week. Rough Cut (no reporter narration).
As technological change has changed photojournalism, news photographers fear that iconic images that could trigger the public’s conscience are being missed. Commentary
Europe uses “soft power,” defined as the power to influence other countries without force or money by drawing people to it who, by “admiring its values, emulating its example, aspiring to its level of prosperity and openness -- want to follow it.” Commentary
Nudging - defaulting people into a saving plan - has been proven extremely effective at increasing participation in pension accounts. Commentary
So long as the doddering Castro brothers are in charge, Cuba is ripe for another revolution. But this time it will be a free market revolt, not a plunge into further darkness. Commentary
We must acknowledge the possibility that the American and global economies cannot rely on normal market mechanisms to assure full employment and strong growth without sustained unconventional policy support. Commentary
Breakingviews editors explain what merit there is in JPMorgan’s lawsuit against the FDIC over WaMu and whether the bank's CEO will score a rare victory against regulators. Video