May 19, 2013

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Navy to Briefly Reduce Carriers in Persian Gulf

The Navy says it will temporarily shrink its aircraft carrier presence in the Persian Gulf area from two to one this winter because of a mechanical problem with the USS Nimitz, a carrier based in Bremerton, Wash.

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Obama Hails Ceasefire in Gaza

President Barack Obama is hailing a ceasefire agreement to end a week of fighting between Israel and Hamas militants in the Gaza Strip.

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Unions Flexed Muscles in State Campaigns

From California to Maine, unions used their political muscle in the recent elections to help install Democratic governors, build labor-friendly majorities in state legislatures and defeat ballot initiatives against them.

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Bernanke Warns Congress to Avoid 'Fiscal Cliff'

Federal Reserve Chairman Ben Bernanke is warning Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year.

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