Congress

• Reid Hopes for Last-Minute Budget Deal

  By Kathleen Hunter and Heidi Przybyla, Bloomberg  |  December 31, 2012

  Biggest sticking point said to be how to deal with more than $600 billion in automatic spending cuts.

• Dysfunction in Congress Poses 2013 Risks

  By Margaret Talev, Richard Rubin and Roxana Tiron, Bloomberg  |  December 31, 2012

  Any deal today would deal with only some recession-causing factors and set another deadline early next year.

• Obama Summons Congress Leaders

  By Heidi Przybyla and Kathleen Hunter, Bloomberg  |  December 28, 2012

  As budget deadline approaches, there's little sign of action on the Hill.

• Port Strike Threatens Home Improvement Chains

  By Chris Burritt and Brooke Sutherland, Bloomberg  |  December 28, 2012

  Looming East Coast strike could interfere with spring rush at Home Depot, Lowe's.

• Fourth-Quarter M&A Surge Spurs Optimism

  By Aaron Kirchfeld and Serena Saitto, Bloomberg  |  December 27, 2012

  Late pickup salvages otherwise lackluster year for takeovers.

• Budget Bargain Shrinks as Congress Nears Deadline

  By Derek Wallbank, Bloomberg  |  December 26, 2012

  Congress returns Thursday, but hopes are dimming for a deal before year-end.

• Republicans Balk at Tax Increases; U.S. Edges Closer to Cliff

  By Roxana Tiron and James Rowley, Bloomberg  |  December 21, 2012

  Boehner cancels 'Plan B' due to House opposition.

• U.S. GDP Beat Forecasts in Third Quarter, Growing 3.1%

  By Alex Kowalski, Bloomberg News  |  December 20, 2012

  Economists expect spurt to fade this period, amid economic and political challenges.

• Facebook May, Like Morgan Stanley, Face Reg FD Challenges

  By Ari Levy and Douglas MacMillan, Bloomberg  |  December 19, 2012

  Settlement documents suggest Facebook could be at fault with regard to IPO, legal experts say.

• Corporate Credit Swaps in U.S. Fall on Signs of Budget Progress

  By Richard Bravo, Bloomberg  |  December 18, 2012

  Lowest level of credit-default swaps benchmark since Oct. 19