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              Stocks dive on fears of federal fiscal cliff

              By Patrice Hill - The Washington Times

              Stocks plummeted Wednesday as the re-election of President Obama reinforced fears that a battle over higher taxes will drive the U.S. economy over the “fiscal cliff.”

              President Obama pauses as he speaks to the cheering crowd at his election-night victory party at McCormick Place in Chicago on Wednesday, Nov. 7, 2012. (AP Photo/Carolyn Kaster)

              Obama reaches out to leaders of Congress, talks ‘fiscal cliff’ deal

              By Dave Boyer - The Washington Times

              Fresh off of his re-election victory, President Obama called congressional leaders of both parties early Wednesday to discuss ways to avoid the government’s looming “fiscal cliff” and to lobby for a tax increase on wealthier families.

              **FILE** Secretary of State Hillary Clinton speaks Nov. 1, 2012, to the Albanian Parliament in Tirana, Albania. (Associated Press)

              Obama win doesn’t change Hillary Clinton’s plans to step down

              By Guy Taylor - The Washington Times

              The State Department on Wednesday said Tuesday’s election results don’t change Secretary of State Hillary Clinton’s plans to step down.

              Voters cast their Election Day ballots on Nov. 6, 2012, in the cafeteria of Handley Elementary School in Saginaw, Mich. (Associated Press/The Saginaw News)

              Mich. voters reject pro-union amendment

              By Andrea Billups - The Washington Times

              Michigan voters handed organized labor a setback in Tuesday’s voting, rejecting a closely-watched measure that would have enshrined union collective bargaining rights in the state constitution.

              **FILE** Elisabeth Hasselbeck (Associated Press)

              Celebrities air post-election feelings online

              By Sandy Cohen - Associated Press

              Mariah Carey was so excited about President Barack Obama’s re-election that she released a new song in his honor. Beyoncé popped up on Instagram with a rebuke for Mitt Romney, while Romney supporter Elisabeth Hasselbeck sent out a disappointed but conciliatory tweet urging a divided United States to become one.

              Christie defends Obama embrace

              New Jersey Gov. Chris Christie has been taking flak from the right (including some in Romney-world) since last week for having appeared in public with President Obama and praised the federal response to Hurricane Sandy.

              Anti-Muslim film figure to prison

              By Greg Risling - Associated Press

              The California man behind an anti-Muslim film that roiled the Middle East was sentenced Wednesday to a year in prison for violating his probation stemming from a 2010 bank-fraud conviction by lying about his identity.

              European Commissioner for Economic and Monetary Affairs Olli Rehn speaks during the presentation of the Fall Economic Forecast at EU headquarters in Brussels on Wednesday, Nov. 7, 2102. Europe's economy is still reeling and unemployment could remain high for years in spite of the progress made in solving the debt crisis, the European Union warned Wednesday as it downgraded its forecasts for the 27-country bloc. (AP Photo/Virginia Mayo)

              EU: Eurozone recession to be worse, rebound slower

              By Sarah DiLorenzo - Associated Press

              Europe’s economy is still reeling and unemployment could remain high for years despite the progress made in solving the debt crisis, the European Union warned Wednesday, as it downgraded next year’s forecasts for the 27-country bloc.