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By Joseph Ciolli, Bloomberg |
December 31, 2012
The dollar fell against most of its biggest peers as Senate Majority Leader Harry Reid said he’s hopeful a last-minute U.S. deficit-reduction deal will be reached to protect all but top earners from a tax increase
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By Michael P. Regan and Inyoung Hwang, Bloomberg |
December 31, 2012
Most U.S. stocks gained, rebounding from a five-day slump, as investors weighed prospects for a last-minute budget deal to avoid tax increases and spending cuts
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By John Detrixhe, Bloomberg |
December 28, 2012
The Dollar Index touched a two-week high before President Barack Obama and U.S. lawmakers seek to avert the so-called fiscal cliff
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By Heidi Przybyla and Kathleen Hunter, Bloomberg |
December 28, 2012
President Barack Obama summoned congressional leaders to a White House meeting three days before a year-end deadline to avoid $600 billion in spending cuts and tax increases
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By Andrew Rummer and Inyoung Hwang, Bloomberg |
December 28, 2012
U.S. stocks fell for a fifth day, the longest slump since September, as lawmakers prepared for talks to avoid the fiscal cliff of spending cuts and tax increases looming in January
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By Cordell Eddings and Anchalee Worrachate, Bloomberg |
December 28, 2012
Treasuries advanced for a third day amid speculation U.S. lawmakers will fail to reach agreement in time to avoid the so-called fiscal cliff of more than $600 billion in spending cuts and tax increases
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By Claudia Carpenter and Inyoung Hwang, Bloomberg |
December 27, 2012
U.S. stocks retreated for a fourth day, while Treasuries gained, as Senate Majority Leader Harry Reid said nothing is happening in budget talks and the nation appears to be headed toward the fiscal cliff.
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By John Detrixhe, Bloomberg |
December 27, 2012
The dollar strengthened from almost an eight-month low against the euro after Senate Majority Leader Harry Reid said the U.S. may fall off the so-called fiscal cliff that threatens the nation with recession.
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By Michelle Jamrisko, Bloomberg |
December 27, 2012
Consumer confidence in the U.S. held near a four-year high last week as Americans grew less pessimistic about the economy.
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By Inyoung Hwang, Bloomberg |
December 26, 2012
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as President Barack Obama and Congress prepared to resume budget talks and retailers slumped after the Christmas holiday.