Morning headlines: Wednesday, July 13

Here's a look at stories we're following right now. What are you reading this morning?

More talks in store for congressional leaders as hope dwindles for compromise in budget talks

Euro debt crisis widens as Moody's cuts Ireland's credit rating to junk status

UK hacking scandal: Prime Minister Cameron joins his opposition, the Labour Party, in calls for Rupert Murdoch to withdraw his $12 billion bid for BSkyb

2012: Obama reports more than $86 million in combined fundraising; Bachmann tops Romney in new Arg Iowa poll

Blasts in Afghanistan heard in Kandahar after President Karzai buries half brother as new details emerge about his killing

Obama awards Medal of Honor to Sgt. first class Leroy Petry for heroics in Afghanistan

Four first ladies attend Betty Ford's funeral as late first lady eulogized as trailblazer who helped millions