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Hayes: Fiscal cliff was more of a ‘fiscal curb’

Saturday morning on MSNBC’s “Up with Chris Hayes,” host Chris Hayes opened the show with a segment titled “Lessons from the Fiscal Cliff.” In it, he talked about the fact that the fiscal cliff was a completely made-up crisis, political brinksmanship that was less a cliff than what he called…

Language gurus add ‘fiscal cliff’ to annual ‘List of Words to be Banished from the Queen’s English for Misuse, Overuse and General Uselessness’

Language gurus at a Michigan college doubled down on the fiscal cliff Monday in their year-end bucket list of trending words and phrases that ought to be kicked down the road in 2013. Lake Superior State University’s 38th annual “List of Words to be Banished from the Queen’s English for…

Stocks down amid fiscal cliff worries

US stocks closed lower Thursday under a cloud of fiscal cliff concerns that overshadowed a batch of somewhat positive economic data on jobs, retail sales and inflation. The Dow Jones Industrial Average fell 74.73 points (0.56 percent) to 13,170.72. The broad-market S&P 500 retreated 9.03 (0.63 percent) to 1,419.45, after…

IMF chief Christine Lagarde warns U.S. of worldwide effects of fiscal cliff

International Monetary Fund chief Christine Lagarde has warned the US it has the potential to be its “own worst enemy” over the fragile economic recovery and that failure to reach a comprehensive settlement over the fiscal cliff could see growth plummet to zero. In forthright comments over the impending fiscal…

Stocks soar on hopes of fiscal cliff deal

NEW YORK — US stocks surged Monday on upbeat housing data and hopes that politicians will find a way to avoid the so-called “fiscal cliff” of automatic tax hikes and spending cuts in January. The jump was underpinned by Apple, the most valuable public company, which took a 7.2 percent…