NEW YORK

Mike Bloomberg: U.S. Default Would Be Catastrophic

Mayor Michael Bloomberg
New York City Mayor Mike Bloomberg is quite candid regarding his evaluation of the impact of a U.S. Government default on the financial system: it would be catastrophic, and also hurt the nation's largest city.
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Mets lose closer K-Rod -- who's next?

The New York Mets traded closer Francisco Rodriguez to the Milwaukee Brewers last night, avoiding the expensive option in the pitcher's contract with the team.
Leibby Kletzky

Missing Brooklyn Boy Remains Found

Police believe they've found the remains of missing Brooklyn boy Leiby Kletzky who disappeared on Monday when walking home from a Brooklyn camp.
U.S. Sen. Mitch McConnell, R-Ky.

McConnell Plan: A Way Out of Debt Deal Crisis?

U.S. Sen. Mitch McConnell, R-Ky., says he may have a way out of the debt deal crisis -- a sort of last-chance option that would permit President Barack Obama to increase the debt limit, even if Democrats and Republicans can't immediately agree regarding how to cut the budget deficit. But will Conservative Republicans support it?

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