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The failure to craft a grand budget bargain means that discussions about spending cuts and the debt ceiling will continue in 2013.
New Jersey Gov. Christie joined a chorus of Republicans from areas hit by superstorm Sandy who denounced House leaders for delaying a vote on a $60 billion relief package.
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Companies this year need to decide what to do about health benefits for their workers, in light of the federal law that kicks in next Jan. 1. Employers are considering a range of steps to limit their expenses.
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Royal Dutch Shell and emergency responders are preparing to send a salvage crew to an oil rig that ran aground off the coast of Alaska.
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U.S. manufacturing expanded slightly last month, while employment picked up, according to the Institute for Supply Management.
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Data show new signs of resilience in Asian economies, as manufacturing in South Korea and Taiwan picks up after a sluggish 2012.
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A political rift opened in Portugal after the president sent the 2013 budget to a court for review, an unusual move that highlights opposition to austerity.
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Syria's military launched a fresh offensive around the country, including an airstrike on a gas station outside Damascus that killed dozens, according to rebel and activist reports. The U.N. said the death toll from the 22-month conflict surpassed 60,000 people.
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Zipcar changed the world. But that didn't make it a good public company. It was a pretty awful one, in fact.
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Google's Eric Schmidt is preparing to travel to North Korea on a private trip led by former New Mexico Gov. Bill Richardson that could take place as early as this month.
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Along with pledging to lose weight or kick the coffee habit, why not resolve to be a better manager in 2013?
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The benefit of bringing Warren Buffett on board in 2011 was questionable for BofA shareholders. Buying him out now would be yet another step in cleaning up the balance sheet.
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Did the financial crisis do long-lasting harm to the economy's muscle? There are worrisome signs, writes David Wessel.
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Russia's ban will likely increase demand for children from these nations.
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In today's pictures, people ran into the North Sea in the Netherlands, people are killed in a stampede in Ivory Coast, a conductor leads a philharmonic orchestra in a silly get-up in Vienna, and more.
People all over the world prepared for New Year's Eve celebrations Monday.