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By Julianna Goldman and Roxana Tiron, Bloomberg |
March 1, 2013
President Barack Obama said the automatic spending cuts set to kick in today will be a “slow grind” on the economy and that it may take weeks to win over enough lawmakers from both parties to reach a deal on a replacement deficit-cutting plan.
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By Kasia Klimasinska |
February 27, 2013
Former White House Chief of Staff Jacob J. Lew won Senate confirmation to become U.S. Treasury secretary.
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By Adria Cimino and Leslie Picker, Bloomberg |
February 13, 2013
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will extend a five-year high, as President Barack Obama proposed spending on infrastructure and environmental projects in his State of the Union address.
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By Margaret Talev and Mike Dorning |
February 12, 2013
President Obama addressed the deficit, spending cuts, unemployment, a minimum wage spike and other potentially market-moving topics in his annual State of the Union address to Congress.
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By Leslie Picker and Lu Wang, Bloomberg |
February 12, 2013
U.S. stocks advanced, sending benchmark indexes to five-year highs, as earnings topped estimates and investors awaited President Barack Obama’s State of the Union address.
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By Phil Mattingly |
February 11, 2013
Frustration with New York-based S&P, the nation’s largest ratings firm, Moody’s Corp. and Fitch Ratings has existed almost since the current administration took office.
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By Roger Runningen and Joshua Gallu, Bloomberg |
January 24, 2013
Mary Jo White, who gained prominence prosecuting terrorists as U.S. attorney for Manhattan, will be named by President Barack Obama to be chairman of the Securities and Exchange Commission, according to a White House statement.
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By Hans Nichols, Bloomberg |
January 9, 2013
President Barack Obama plans to name White House Chief of Staff Jack Lew tomorrow as his choice for Treasury secretary, replacing Timothy F. Geithner.
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By Michael McFarlin |
January 8, 2013
Some pundits recently have advocated the Treasury Department mint special $1 trillion coins to side-step the looming debt ceiling fight. But would it work?
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By Mike Dorning, Bloomberg |
January 4, 2013
Fresh from one budget fight, President Barack Obama and Congress are heading for an even bigger confrontation over raising the nation’s debt limit.
