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U.S. posts $3 billion budget surplus for January

The budget posted a surprise surplus in January for the first time in five years, as the Treasury likely benefited from a windfall when payroll tax cuts expired.

 

U.S. involved in botched French raid

U.S. troops lent "limited technical support" in France's bloody and unsuccessful bid in Somalia to rescue an intelligence agent who'd been held hostage for years, President Barack Obama said Sunday.

 

US car sales hit five-year high

US car sales rise 13.4% in 2012, making it the best year for the industry since 2007, industry data shows.

 

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