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Compromise among senators eyed on border security

After secretive talks, key senators expressed optimism Wednesday night that they were closing in on a bipartisan agreement to dramatically toughen the border security requirements in immigration legislation that also offers a path to citizenship to millions living in the country illegally. Lawmakers and aides alike said the goal was ...

Editorial Roundup: Excerpts from recent editorials

Excerpts from recent editorials in newspapers in the United States and abroad: June 19 The Khaleej Times, Dubai on a lingering disaster: It's been two years since the devastating earthquake and tsunami struck Japan, resulting in over 15,000 deaths. But perhaps the most dangerous consequences of the terrible natural disaster ...

Federal Reserve Chairman Ben Bernanke speaks during a news conference in Washington, Wednesday, June 19, 2013. Bernanke. The Federal Reserve said Wednesday that it will maintain the pace of its bond-buying program to keep long-term interest rates at record lows. But it offered a more optimistic outlook for the U.S. economy and job market. (AP Photo/Susan Walsh)

Fed suggests it's closer to slowing bond purchases

In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening. The Fed's purchases of Treasury and mortgage bonds have ...

FILE - In this June 6, 2013, file photo, a woman talks on the phone outside the U.S. Courthouse in Washington, where the secret Foreign Intelligence Surveillance Court resides. The obscure oversight board that President Barack Obama wants to scrutinize the National Security Agency’s secret surveillance system is little known for good reason. The U.S. Privacy and Civil Liberties Oversight Board has operated fitfully during its eight years of its low-profile existence, stymied by Congressional in-fighting and its work at times censored by government lawyers. The privacy board planned to meet privately Wednesday, June 19, 2013, in its first meeting since revelations that the NSA has been secretly collecting the phone records of millions of Americans: It was closed to the public. (AP Photo/Cliff Owen, File)

Oversight board concerned about NSA surveillance

The chairman of the federal oversight board that President Barack Obama said will meet with him to discuss the National Security Agency's secret surveillance program said Wednesday that the group has numerous concerns about the operation and plans to publish a report after a full inquiry. David Medine, who heads ...

FILE - In this Thursday, May 6, 1999 file photo, George Zimmer, second from left, gestures to Andy Dolich prior to a meeting, in Oakland, Calif. Men's Wearhouse Inc. says it has dismissed Zimmer, its founder and executive chairman. In a terse release issued Wednesday, June 19, 2013, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 locations. (AP Photo/Ben Margot, File)

Men's Wearhouse ousts founder, pitchman Zimmer

Men's Wearhouse doesn't like the way its founder looks anymore. The men's clothier said Wednesday that it fired executive chairman and face of the company George Zimmer, 64, who has appeared in many of its TV commercials with the slogan "You're going to like the way you look. I guarantee ...

AP News in Brief at 10:58 p.m. EDT

Negotiations among senators accelerate on border security issue as part of immigration debate WASHINGTON (AP) — After secretive talks, key senators expressed optimism Wednesday night that they were closing in on a bipartisan agreement to toughen the border security requirements in immigration legislation that also offers a path to citizenship ...

In this June 11, 2013, photo, Sen. Chuck Grassley, R-Iowa, ranking Republican on the Senate Judiciary Committee speaks on Capitol Hill in Washington. Grassley says the Internal Revenue Service is about to pay $70 million in employee bonuses despite an Obama administration directive to cancel discretionary bonuses because of automatic spending cuts. He says his office has learned that the IRS is executing an agreement with the employees’ union on Wednesday, June 19, 2013, to pay the bonuses. (AP Photo/Jacquelyn Martin)

IRS draws new criticism over $70M employee bonuses

Already reeling from a pair of scandals, the Internal Revenue Service is drawing new criticism over plans to hand out millions of dollars in employee bonuses. The Obama administration has ordered agencies to cancel discretionary bonuses because of automatic spending cuts, but the IRS says it's merely following legal obligations ...

Editorial Roundup: Excerpts from recent editorials

Excerpts from recent editorials in newspapers in the United States and abroad: June 18 The Star-Ledger, New Jersey, on unwillingness to make a debt deal keeps U.S. economic rebound stalled: The International Monetary Fund is that elite group of pinched-nosed accountants who have been running around Europe for the last ...

Obama relying on untested oversight board on NSA

The obscure Privacy and Civil Liberties Oversight Board that President Barack Obama said will meet with him to discuss the National Security Agency's secret surveillance program was itself meeting Wednesday behind closed doors. The public and media were not allowed to attend because the board was expected to hear classified ...

James Daniel, IMF Mission Chief for Spain, left, and Ranjit Teja, Deputy Director of the European Department of the IMF arrive for a press conference at the conclusion of the International Monetary Fund (IMF) visit to Spain at Bank of Spain in Madrid, Wednesday, June 19, 2013. (AP Photo/Andres Kudacki)

IMF calls for urgent steps on Spain unemployment

Spain faces the prospect of high unemployment and sluggish growth lasting years unless the country and Europe take "urgent action" to slash the nation's crippling 27 percent unemployment rate and free frozen credit to businesses so they can expand, the International Monetary Fund said Wednesday. A report issued by the ...

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