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Postal Service to cut Saturday mail to trim costs

Updated: 02/06/2013 - In an announcement scheduled for later Wednesday, the service is expected to say the cut, beginning in August, would mean a cost saving of about $2 billion annually.

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2 Great Lakes hit lowest water level on record

Posted: 02/05/2013 - The U.S. Army Corps of Engineers said Tuesday that tests taken in January show that Lake Huron and Lake Michigan were at their lowest ebb since record keeping began in 1918.

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CBO: Budget deficit estimated at $854B

Updated: 02/05/2013 - The Congressional Budget Office analysis says the government will run a $845 billion deficit this year, a modest improvement compared to last year's $1.1 trillion shortfall, but still enough red ink to require the government to borrow 24 cents of every dollar it spends

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