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By Richard Rubin, Roxana Tiron and James Rowley, Bloomberg |
January 2, 2013
The U.S. House passed a bill undoing income tax increases for more than 99 percent of households, giving a victory to President Barack Obama even as Republicans vowed to fight him in coming week.
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By Derek Wallbank, Bloomberg |
December 26, 2012
The deal that seems possible to fix the U.S. budget is getting smaller and smaller.
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By Phil Flynn |
December 20, 2012
T’was the last Energy Report before Christmas and all through the pits, traders were wondering if we’d go off the cliff.
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By Joseph Stuber |
December 12, 2012
Whether politicians come to an agreement over the fiscal cliff or not, there will be costs associated either in the short-run or the long-run. So, what's the best course of action in this "catch-22?"
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By David J. Lynch |
November 28, 2012
Three out of four global investors expect President Barack Obama and congressional leaders to avert Jan. 1 spending cuts and tax increases.
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By Matthew Brown and Rita Nazareth, Bloomberg |
November 19, 2012
Global stocks snapped the longest losing streak in almost a year amid optimism a deal can be reached to avoid automatic U.S. spending cuts and tax increases. Oil led commodities higher. The dollar and Treasuries fell.
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By Anthony Lazzara |
November 19, 2012
Many “risk-on” asset classes are soaring this morning as Obama’s stated confidence on striking a deal to avert the so-called “fiscal cliff” scenario is giving stock bulls a reason to start buying again.
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By Joseph Ciolli and Neal Armstrong, Bloomberg |
November 19, 2012
The dollar fell against all 16 of its most-traded counterparts as speculation U.S. lawmakers will reach agreement on the nation’s budget and avert the so-called fiscal cliff damped demand for safety.
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By Heidi Przybyla and Kathleen Hunter, Bloomberg |
November 16, 2012
House Speaker John Boehner offered a “framework” including new revenue to reduce the U.S. budget deficit during talks with President Barack Obama and Congress leaders on averting a year-end fiscal crisis.
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By Phil Flynn |
November 16, 2012
Oil prices seemed to shake off worries surrounding the increasing tensions in the Gaza strip and instead decided to focus on the weak jobless claims and the looming fiscal cliff.
