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The Two-Way
8:09 am
Tue December 17, 2013

Edward Snowden Seeks 'Permanent Political Asylum'

Edward Snowden, seen during a video interview with The Guardian.
Glenn Greenwald/Laura Poitras EPA/LANDOV

Originally published on Tue December 17, 2013 1:24 pm

Updated at 11:04 a.m.

Edward Snowden says "permanent political asylum" will give him the freedom to talk about U.S. surveillance programs.

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The Two-Way
7:25 am
Tue December 17, 2013

Nirvana, Linda Ronstadt And KISS Are In The Rock Hall

Nirvana front man Kurt Cobain in 1993. He took his own life in 1994.
Frank Micelotta Getty Images

Originally published on Tue December 17, 2013 8:23 am

We can stop wagging our tongues about KISS not being in the Rock and Roll Hall of Fame.

The hall says its 2014 inductees are:

-- Cat Stevens

-- Peter Gabriel

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The Two-Way
6:47 am
Tue December 17, 2013

Bipartisan Budget Deal Passes Key Test In Senate

It may seem to some like a holiday miracle, but the Senate moved ahead on a bipartisan budget plan Tuesday.
Jim Watson AFP/Getty Images

Originally published on Wed December 18, 2013 7:09 pm

Updated at 10:27 a.m. ET: Moving Ahead:

The Senate voted 67 to 33 on Tuesday to move forward on the two-year, bipartisan budget plan that restores some of the automatic spending cuts of recent years, trims spending in other areas and appears to have put on hold until 2015 the bitter battles that led to this year's partial government shutdown.

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Business
3:17 am
Tue December 17, 2013

Economists, Unemployed Fret Over Long-Term Jobless Aid Lapse

Attendees of a job fair in California in October fill out paperwork.
Justin Sullivan Getty Images

Originally published on Wed December 18, 2013 12:30 am

Democrats in Congress are promising to try to retroactively extend emergency unemployment benefits after the new year. With the House already in recess, the benefits are expected to expire at the end of the month.

The Senate is still in Washington working on a bipartisan budget agreement passed by the House before it left town last week, but the bill does not include a benefits extension.

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Number Of The Year
3:16 am
Tue December 17, 2013

Year In Numbers: The Federal Reserve's $85 Billion Question

On Tuesday, Federal Reserve policymakers begin a two-day meeting where many analysts expect they will announce a reduction in the central bank's $85 billion monthly stimulus.
Mark Wilson Getty Images

Originally published on Wed December 18, 2013 12:30 am

Many economists and investors think there's a good chance that at the end of their two-day meeting that begins Tuesday, Federal Reserve policymakers will announce that they'll begin reducing their $85 billion monthly stimulus, their third round of quantitative easing, or QE3.

The analysts think recent economic data, like a drop in the unemployment rate to 7 percent and a budget deal in Washington, have brightened the outlook for the economy enough that the Fed can pull back.

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