The fiscal cliff looms large. It should. Unless Washington does something, 2013 will face a sudden and automatic fiscal restraint. The shock would almost certainly drive this economy’s already enfeebled recovery into recession. It is a frightening prospect, to be sure, but, still, likelihoods suggest that even this Congress will steer clear such a cliff.
Talks are extended into 2018.
The slow pace of the negotiations is creating uncertainty for corporate treasuries.
The office of Secretary of State Alex Padilla began accepting applications for marijuana-related trademarks earlier this month.
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