WASHINGTON (AP) — An unforeseen flood of revenue is shrinking federal deficits to the lowest level of President Barack Obama's tenure, Congress' nonpartisan budget adviser said Tuesday. But in a report that will fuel both parties in their autumn clash over spending, the analysts also warned that perilously high shortfalls will roar back unless lawmakers act.
A rally in U.S. stocks evaporated in the minutes before the closing bell Tuesday, sending the Dow Jones industrial average down more than 200 points and extending Wall Street's losing streak to six days.
Planned Parenthood asked a federal court on Tuesday to block Louisiana's efforts to defund its clinics in the state in reaction to the release of secretly recorded videos about how the group handles the tissue of aborted fetuses. Louisiana was the first of three Southern states to announce plans to end its contract with the reproductive health organization to provide medical services to low-income residents. Louisiana Governor Bobby Jindal, who is seeking the Republican presidential nomination, cited the release of videos this summer by a national anti-abortion group, the Center for Medical Progress.
U.S. specialty truck maker Oshkosh Corp has won a $6.75 billion contract to build 17,000 light tactical vehicles to replace the aging Humvees used by the U.S. Army and Marine Corps, the U.S. Army announced on Tuesday. Oshkosh beat out a team made up of Lockheed Martin Corp and Britain's BAE Systems Plc, as well as AM General, a privately held company that built the original Humvees, the Army said in a statement.
SACO, Maine (AP) — Wendy Boudreau graduated from Thornton Academy in Maine, fell in love with her husband there, and eventually worked there. Hundreds of friends and family attended her funeral Tuesday in the high school's auditorium, where her daughter said her mother wouldn't want her relatives and friends to crumble under the tragedy of her brutal death in a supermarket stabbing.
Curtis Smith, 34, is accused of entering the lobby of the Chester County Justice Center at about 11 a.m. and slashing a sheriff's deputy on the arm or hand, Chester County District Attorney Thomas Hogan said in a statement. Smith, from Coatesville, Pennsylvania, has a criminal record that includes arrests for assault and burglary.
LOS ANGELES (AP) — Eight people across the U.S. who registered to use Ashley Madison are suing the website for cheaters after hackers released personal and detailed information of millions of users, including financial data and sexual proclivities.
LOS ANGELES (AP) — Officials in Los Angeles County are adopting a get-tough tactic to deter men from soliciting sex from girls who are forced into prostitution — charging them with crimes that could mean prison time and registration as a sex offender.