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Washington is limited in its response to North Korea over Sony hack 12:06pm EST

WASHINGTON/SEOUL - U.S. determination that North Korea was behind the hacking of Sony Corp. unit Sony Pictures again exposes the limited leverage that Washington has on one of the world’s most isolated and impoverished countries should it decide to respond.

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In North Dakota, countdown looms for $5.3 billion oil tax break

BISMARCK, N.D. - Tumbling U.S. oil markets hit an important if obscure milestone on Thursday, closing for the first time at a price that could trigger a $5.3 billion, two-year tax break for North Dakota oil drillers as soon as next summer.

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White House releases snapshot of plan to rate U.S. colleges

WASHINGTON - The White House on Friday released a draft of its plan to rate U.S. colleges and tie federal aid to performance as a way to coax institutions to pull up their socks.

U.S. 12:06am EST

Louisville lawmakers approve minimum wage hike

LOUISVILLE, Ky - Louisville, Kentucky officials on Thursday approved an increase to the city's minimum wage, boosting it from the federal rate of $7.25 to $9 an hour by 2017, becoming the 12th city to approve a hike this year.

Money, U.S. 12:00am EST
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U.S. Republicans look for ways to block normal ties with Cuba

WASHINGTON - Republicans in Congress searched on Thursday for a strategy to sink or at least slow President Barack Obama's plan to normalize U.S. relations with Cuba, drawing a shrug from the White House.

Cuba 18 Dec 2014