Now that it's official and the so-called supercommittee in Congress has declared its members can't agree on how to cut about $1.2 trillion from the next decade's federal budget deficits, the "what next" stories are everywhere.
The Milwaukee woman laid down a $100 bill and bought a restaurant. It's a "socially conscious" eatery on Milwaukee's South Side. The conditions include feeding the previous owner and his wife one free meal a day for a year.
Pressure is mounting against Alabama's "toughest in the nation" immigration law. Nearly 3,000 immigrants converged Monday night on a church with strong ties to the civil rights movement. They heard from democratic members of Congress who vowed to get the law repealed.
MF Global is the securities firm run by Wall Street veteran and former New Jersey Gov. Jon Corzine. The firm filed for bankruptcy protection last month after making bad bets on European government bonds. A trustee was appointed to wind down the company.
Lawmakers have spent much of this year struggling to reach a deal that could get budget deficits under control. But the problem has been developing for at least a decade.
Young voters might not be familiar with the government of the year 2000 — at least not by its balance sheet. The economy: booming. Tax revenue: rolling in. Expenses for war: none. And to top it off, there was a $200 billion surplus.
Hewlett-Packard announced its quarterly earnings were down 90 percent from the previous quarter. The company is going through big changes. It just spent most of its cash on an acquisition, took on $4 billion of debt and named Meg Whitman as the new CEO.
The jobs website Careerbuilder.com reports nearly one in five workers said they plan to celebrate the holiday with coworkers. The survey asked workers who they would rather spend Thanksgiving with, and only 1 percent answered coworkers. Ninety percent said family. The remaining 9 percent answered neither.