This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

BC-Business News Digest

Business News at 5:30 p.m.

The supervisor is Richard Jacobsen (800-845-8450, ext. 1680). For photos, Karly Domb Sadof, ext. 1900. For graphics and interactives, ext. 7636. Expanded AP content can be obtained from http://www.apexchange.com. For access to AP Exchange and other technical issues, contact customersupport(at)ap.org or call 877-836-9477. If you have questions about transmission of financial market listings, please call 800-3AP-STOX.

A selection of top photos can be found at: http://bit.ly/APTopPhotos

NEW THIS DIGEST:

Adds: WASHINGTON POST-PERSONNEL, CUBA-OIL DREAMS, LATIN AMERICA-MIDDLE CLASS

Updates: SWITZERLAND-DIAMONDS, EARNS-CISCO, WALL STREET

TOP STORIES

FISCAL CLIFF-WHO'S AFFECTED

WASHINGTON â¿¿ Everyone who pays income tax â¿¿ and some who don't â¿¿will feel it. So will doctors who accept Medicare, people who get unemployment aid, defense contractors, air traffic controllers, national park rangers and companies that do research and development. The tax increases and spending cuts known as the "fiscal cliff" take effect in January unless Congress passes a budget deal by then. And no matter who you are, it will be all but impossible to avoid the pain. By Economics Writer Christopher S. Rugaber.

AP Photos

With:

â¿¿ FISCAL CLIFF-WHO'S AFFECTED-GLANCE â¿¿ What is in the $670 billion U.S. fiscal cliff and who would pay how much, at a glance.

â¿¿ OBAMA â¿¿ Obama to meet with labor leaders about impending "fiscal cliff," prospect of raising taxes on the wealthy. AP photo.

Also:

BUDGET DEFICIT

WASHINGTON â¿¿ The federal government started the 2013 budget year with a $120 billion deficit in October, an indication that the nation is on a path to its fifth straight $1 trillion-plus annual deficit. A soaring deficit puts added pressure on President Barack Obama and Congress to seek a budget deal in the coming weeks. By Economics Writer Martin Crutsinger.

THANKSGIVING TRAVEL OUTLOOK

NEW YORK â¿¿ The number of Americans hitting the road this Thanksgiving is expected to increase slightly from a year ago. But they'll take shorter trips to save on gas and other costs as household budgets remain tight. AAA says Tuesday in its annual Thanksgiving forecast that a stronger economy is needed to spur a bigger jump in holiday travel growth. AAA predicts 43.6 million Americans will travel at least 50 miles from home over Thanksgiving, up just 0.7 percent from last year. By Travel Industry Writer Samantha Bomkamp.

1 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs