The so-called Congressional Super committee appears headed for failure. Now, $1.2 trillion in automatic cuts to government spending are slated to happen. The big loser is the Pentagon. How might slashing the military budget impact the wider economy?
Jordan Farmar, who led the UCLA Bruins to a NCAA Final Four and who helped deliver a championship to the Los Angeles Lakers, has taken his talents to Israel, where he's playing for Maccabi Tel Avi while the NBA lockout continues.
Immigration will be a major point of discussion for the new Congress. Correspondent Deepa Fernandes looks at how the African nation of Liberia has been treating, and often imprisoning, some people deported from the US.