Fed moves to bar bailouts of failing firms

WASHINGTON (AP) – Federal Reserve officials have moved to prevent the central bank from bailing out failing companies, a power it exercised during the 2008 financial crisis. The Fed governors voted 5-0 Monday to downsize the Fed’s emergency lending powers. Only broad lending programs designed to revive frozen markets – not loans to individual firms…

Mayor hints at motive in Colorado clinic attack

COLORADO SPRINGS, Colo. (AP) — The mayor of Colorado Springs says authorities aren’t ready to discuss a possible motive of the gunman who attacked a Planned Parenthood clinic there but says people can make “inferences from where it took place.” John Suthers says investigators have interviewed 57-year-old Robert Lewis Dear of North Carolina but says…

Obama: No credible intelligence about plot against US

WASHINGTON (AP) – President Barack Obama says there’s currently no specific, credible intelligence that would indicate a potential terrorist plot in the U.S. during the holidays. Obama says his administration is taking “every possible step” to keep the country safe. He says that if there were to be a credible threat, the public will be…