Pound slumps to 10-month low after Scottish yes campaign takes poll lead

The pound has slumped to a 10-month low after the yes campaign took the lead in the opinion polls just 10 days before the Scottish independence vote.

Analysis: Economy would dodge bullet for now under fiscal deal

WASHINGTON (Reuters) - A deal worked out by Senate leaders to avoid the "fiscal cliff" was far from any "grand bargain" of deficit reduction measures.