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Bet on UK Horse Races

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China launches ‘Jade Rabbit’ rover to moon, precursor to manned mission

BEIJING — China took a significant step toward eventually landing a person on the moon with Monday’s successful launch of a rocket carrying its first moon rover, the “Jade Rabbit.” The rocket blasted off from southwestern China at 1:30 a.m. Monday, a day after India’s maiden Mars orbiter left Earth’s orbit on its journey to the red planet, in what some observers characterize as Asia’s new space race.... more→

Thanksgiving shoppers spent less this year; weekend sales down 2.9 percent, report says

Holiday spending was down this Thanksgiving weekend in another sign that a choppy economic recovery is keeping consumers cautious about purchases. Even as the number of shoppers rose to 141 million — an expected increase from last year’s 139 million — the average consumer kept to a tighter budget, according to a survey released Sunday by the National Retail Federation. Shoppers spent an average of $407.20 between Thursday and Sunday, down 4 percent from the $423.55 they spent last year. Overall sales slipped 2.9 percent from 2012 to an estimated $57.4 billion. “The ... more→

113th Congress, going down in history for its inaction, has a critical December to-do list

The good news for Congress as it heads into the final workdays of the year is that, for the first time in five years, there are no edge-of-the-cliff December crises threatening to bring the country to its knees. The bad news is that whatever gets done in December will still be part of a year with record-low congressional accomplishment. From the confirmation of a new Federal Reserve chairman to the expiration of dairy pricing rules, House and Senate leaders head into the final month of 2013 with ... more→

As senators work on Iran sanctions bill, White House lobbies lawmakers not to act

As much as any other foreign policy issue during President Obama’s five years in office, the question of Iran sanctions now finds him at odds with a hefty portion of his own party’s lawmakers, as well as most Republicans. A bipartisan juggernaut of senior senators is spending the remaining week of the Thanksgiving recess forging agreement on a new sanctions bill that the senators hope to pass before breaking again for Christmas.... more→