A Social Security cost-of-living adjustment could have a small but positive impact on retirement planning.
NEW YORK (AP) _ American International Group Inc. said Tuesday its board of directors will weigh whether to take part in a shareholder lawsuit against the government over its $182 billion bailout of the insurer. If AIG decides to join the complaint, which seeks $25 billion in damages, it would pit the company against the government that rescued it in 2008 from collapsing under the weight of huge losses on mortgage-backed securities and other toxic assets.
TUCSON, Ariz. (AP) _ Tuesday was not just a day for Tucson to remember the victims of the deadly shooting that severely injured then-U.S. Rep. Gabrielle Giffords. It was also a day when residents could see firsthand the nation's gun debate play out in a busy parking lot outside a city police station. On one side was a councilman who supports gun control leading an effort to give $50 grocery store gift cards to anyone who turned in their firearms to police. On the other was an event organized by a state senator that turned into an open, unregulated and legal marketplace for firearms.
WASHINGTON (AP) _ Planners of President Barack Obama's second inauguration are soliciting high-dollar contributions up to $1 million to help pay for the celebration in exchange for special access. The changes are part of a continuing erosion of Obama's pledge to keep donors and special interests at arm's length of his presidency. He has abandoned the policy from his first inauguration to accept donations up to only $50,000 from individuals, announcing last month that he would take unlimited contributions from individuals and corporations.
WASHINGTON (AP) _ The Obama administration gave the first explicit signal Tuesday that it might leave no troops in Afghanistan after December 2014, an option that defies the Pentagon's view that thousands of troops may be needed to keep a lid on al-Qaida and to strengthen Afghan forces. "The U.S. does not have an inherent objective of `X' number of troops in Afghanistan," said Ben Rhodes, a White House deputy national security adviser. "We have an objective of making sure there is no safe haven for al-Qaida in Afghanistan and making sure that the Afghan government has a security force that is sufficient to ensure the stability of the Afghan government."
PYONGYANG, North Korea (AP) _ Former New Mexico Gov. Bill Richardson said Wednesday that his delegation is pressing North Korea to put a moratorium on missile launches and nuclear tests and to allow more cell phones and an open Internet for its citizens. Richardson told The Associated Press in an exclusive interview in Pyongyang that the group is also asking for fair and humane treatment for an American citizen detained in North Korea. Also on the trip is Google Executive Chairman Eric Schmidt.
CARACAS, Venezuela (AP) _ Venezuelan lawmakers voted on Tuesday to postpone the inauguration of ailing President Hugo Chavez for his new term, prompting complaints from opponents who called it a violation of the constitution. Chavez's congressional allies, who hold a majority of seats in the National Assembly, agreed with a government proposal for Chavez to be sworn in at a later date before the Supreme Court. While pro-Chavez lawmakers approved the plan with a show of hands, opponents condemned the action as illegal.
WASHINGTON (AP) _ The Washington National Cathedral, where the nation gathers to mourn tragedies and celebrate new presidents, will soon begin performing same-sex marriages. Cathedral officials tell The Associated Press the church will be among the first Episcopal congregations to implement a new rite of marriage for gay, lesbian, bisexual and transgender members. The church will announce its new policy Wednesday.
WASHINGTON (AP) _ Two years after a hostage video and photographs of retired FBI agent Robert Levinson raised the possibility that the missing American was being held by terrorists, U.S. officials now see the government of Iran behind the images, intelligence officials told The Associated Press. Levinson, a private investigator, disappeared in 2007 on the Iranian island of Kish. The Iranian government has repeatedly denied knowing anything about his disappearance, and the disturbing video and photos that Levinson's family received in late 2010 and early 2011 seemed to give credence to the idea.
WASHINGTON (AP) _ America set an off-the-charts heat record in 2012. A brutal combination of a widespread drought and a mostly absent winter pushed the average annual U.S. temperature last year up to 55.32 degrees Fahrenheit, the government announced Tuesday. That's a full degree warmer than the old record set in 1998.
WASHINGTON (AP) _ Robert Griffin III is having surgery Wednesday on a torn ligament in his right knee _ and to see if there's a second ligament that also needs to be repaired. Baylor coach Art Briles confirmed to USA Today and The Associated Press on Tuesday night that the Washington Redskins rookie has a torn lateral collateral ligament. He said the surgery also will determine whether Griffin has damaged the ACL in that knee.