Congress’ goal when it created this panel was not to resolve a fiscal mess. It was merely to buy time so it could avoid painfully tough choices.

Secretary Clinton calls new US sanctions a 'significant ratcheting up of pressure on Iran.' Britain, France, and Canada also announce steps in wake of UN report citing 'deep concern' over Iran's nuclear program.

'Twilight' fans can have their very own fairytale wedding experience next year when Carolina Herrera's CHNY boutiques begin selling gowns in the same design as worn by Bella Swan in 'Breaking Dawn - Part 1.'

AP - Congress' supercommittee conceded ignominious defeat Monday in its quest to conquer a government debt that stands at a staggering $15 trillion, unable to overcome deep and enduring political divisions over taxes and spending.

AP - Don't look for the Pentagon to shut down one side of its famous five-sided building. Don't expect the Education Department to pull back its grants just yet.

AP - Egypt's civilian Cabinet offered to resign Monday after three days of violent clashes between demonstrators and security forces in Tahrir Square, but the action failed to satisfy protesters deeply frustrated with the new military rulers.