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House Minority Whip Steny H. Hoyer said Thursday that the chamber should be in session working to avoid the looming “fiscal cliff.” (Andrew Harnik/The Washington Times)
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Andrew Neitlich, a former financial analyst who once picked stocks for a mutual fund, is among investors across the country who are selling their stocks. Mr. Neitlich, standing in front of one of his investment homes in Venice, Fla., kept his holdings during the dot.com crash 12 years ago but is unloading them now. An analysis by The Associated Press found that individual investors have pulled at least $380 billion from U.S. stock funds since they started selling in April 2007. (Associated Press)
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President Obama walks past a Marine honor guard as he steps off the Marine One helicopter and walks on the South Lawn at the White House in Washington on Dec. 27, 2012, as he returned early from his Hawaii vacation for meetings on the fiscal cliff. (Associated Press)
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President Obama returns a Marine honor guard's salute as he steps off the Marine One helicopter and walks on the South Lawn at the White House in Washington on Dec. 27, 2012, as he returned early from his Hawaii vacation for meetings on the fiscal cliff. (Associated Press)
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House Minority Whip Steny H. Hoyer holds a press conference at the U.S. Capitol in Washington on Thursday, Dec. 27, 2012, to call on House Speaker John A. Boehner to bring the House back into session immediately to work on a "fiscal cliff" deal. (Andrew Harnik/The Washington Times)
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House Minority Whip Steny H. Hoyer, Maryland Democrat, holds a press conference at the U.S. Capitol in Washington on Thursday, Dec. 27, 2012, to call on House Speaker John A. Boehner, Ohio Republican, to bring the House back into session immediately to work on the fiscal cliff. (Andrew Harnik/The Washington Times) ** FILE **
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Christmas shoppers walk past a store at a mall in Salem, N.H., on Friday, Dec. 21, 2012. (AP Photo/Elise Amendola)
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The home at 2424 Kalorama Road NW is on the market for $5,425,000. The home was built in 1936 and was remodeled and expanded in 2010.
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A visitor walks past a car at a Toyota showroom in Tokyo, Thursday, Dec. 27, 2012. Toyota Motor Corp. said it has reached a settlement worth more than $1 billion in a case involving unintended acceleration problems in its vehicles. (AP Photo/Shizuo Kambayashi)
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The usual bustle of after-Christmas crowds did not appear Wednesday at stores across the nation. With the “fiscal cliff” on the horizon, this holiday season is shaping up to be the weakest since the economic uncertainty of 2008. (Associated Press)
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Shoppers walk past an H&M location, Wednesday, Dec. 26, 2012, in New York. This holiday season is shaping up to be the weakest since the country was in the middle of a deep recession in 2008. That not only shows that stores misread Americans' willingness to spend during this period of economic uncertainty, it also could indicate that the days of shoppers spending thousands of dollars willy nilly on holiday gifts may be long gone. (Associated Press)
