News bites: Settling debt debate

David Brooks: Republicans should agree to the small revenue raisers being proposed as part of the debt-limit deal.

Profits are booming despite the laggard economic recovery.

Cuts to Medicare and Medicaid are making their way to the table in debt-limit talks.

The World Trade Organization is taking on China for hoarding raw materials...

...while Moody's Investors Service is issuing warnings about the nation's banking system.

Local economies that leaned on the space program are bracing for tough times as NASA parks its shuttle program.

The Department of Housing and Urban Development is lining up $1 billion for struggling unemployed homeowners.