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U.S.: Europe has ability to face debt crisis

WASHINGTON — The White House said Tuesday it was confident Europe had the ability and will to tackle its debt crisis and said there was “no question” events across the Atlantic could impact the US economy. Officials in Washington are eyeing events in Europe as fears mount that a banking…

White House: Deficits to fall sharply by 2014

WASHINGTON — The United States will not fall into a new recession despite sharp cuts to government spending, but unemployment could remain above eight percent through 2013, the White House said Thursday. While growth will stay sluggish this year, in the 1.7-2.2 percent range, the economy is not expected to…

“Super moon” to brighten the skies on Saturday

When the full moon rises on Saturday night, it will be bigger and brighter than at any time for almost 20 years — and that is setting off alarm bells for those who make it their business to warn of impending doom. The moon’s orbit around the earth is not…

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