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Marijuana legalization before NM Senate panel - The Associated PressNew Mexico lawmakers are preparing to debate whether to legalize the recreational use…

The U.S. recently approved a drug that can quickly cure hepatitis C in many patients. But its high price means the treatment is out of reach for millions of people in the developing world. Now the pill's manufacturer is talking with Indian producers to reduce the treatment cost to $2,000. But critics say the price drop won't be enough.

The deal hammered out by GOP Rep. Paul Ryan and Democratic Sen. Patty Murray would restore $65 billion in sequestration cuts in exchange for cuts elsewhere and additional fees.

Without a farm bill, dairy policy will revert to 1949 law, and wholesale milk prices could double. But the Senate Agriculture Committee chairwoman says she expects a bill to pass in January, in time to avert a spike in milk prices.

The bipartisan plan would head off any more budget battles for two years. But it also doesn't cut spending as much as some Republicans want or restore some of the funding that Democrats favor. Both sides being disappointed may be the key to the plan's success, though.

The new pope has pulled the papacy "out of the palace and into the streets," Time says. The 2013 runner-up is NSA leaker Edward Snowden. Was Francis the right choice?

Hedge Fund Owner Buys Taos Ski Valley-Associated PressOne of New Mexico's top ski areas has been sold.Taos Ski Valley officials announced Wednesday that…

Governments at all levels are trying to save money by scaling back retirement benefits. Public employees may still end up with more generous plans than their private sector counterparts, but the days of feeling totally secure about their pension income may be numbered.

The U.S. is suspending non-lethal aid because of infighting among the various factions opposed to President Bashar Assad. The rebel Free Syrian Army, which has lost ground in recent days to an Islamist group, criticized the decision. the U.K. also has reportedly decided to halt aid.

After a tough year in which some of its pants allowed too much to be seen, the yoga clothier has found a new CEO. Also, founder and Chairman Chip Wilson plans to step aside. He caused controversy with comments about why some women's bodies may not fit into his company's pants.