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By Michael McFarlin, Dan Collins |
February 1, 2014
2013 was a year of anticipation and perhaps disappointment. For those hoping the 2012 election would have settled some of the dysfunction in Washington, that did not happen. In fact, we doubled down on fights already settled as if there were no new business. Equity markets impressed, but few...
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By Derek Wallbank, Bloomberg |
January 14, 2014
House and Senate lawmakers agreed to a bipartisan compromise to fund the U.S. government through Sept. 30, unveiling the measure days before financing for federal agencies is scheduled to lapse.
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By Mike Dorning, Bloomberg |
December 12, 2013
The budget agreement reached by congressional Democrats and Republicans would provide only a modest boost to the U.S. economy. The psychological effect is likely to be a lot greater.
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By John Detrixhe, Bloomberg |
December 12, 2013
A U.S. budget accord on track to win passage in Congress doesn’t change the view of Moody’s Investors Service on America’s top Aaa rating because it leaves medium-term deficits largely unaltered, according to Senior Vice President Steven Hess.
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By Heidi Przybyla, Bloomberg |
November 25, 2013
With less than three weeks until their deadline, U.S. budget negotiators have yet to break an impasse over revenue, prompting lawmakers to draft plans to blunt $19 billion in defense cuts set to start in January.
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By Sholom Sanik |
November 15, 2013
The long awaited, post-shutdown USDA crop report was released on Nov. 8. And while the report did not contain any big surprises, the market behaved as though it did. Soybeans and soybean meal both rallied sharply back to the highs of their recent ranges.
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By Ben Schenkel, Bloomberg |
November 8, 2013
Consumer sentiment in the U.S. fell in November to the lowest level in almost two years as households reeled from last month’s partial government shutdown.
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By Michelle Jamrisko, Bloomberg |
November 5, 2013
Service industries in the U.S. expanded in October at a faster pace than forecast, showing the biggest part of the economy was holding up as the federal government shut down.
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By Michelle Jamrisko, Bloomberg |
October 30, 2013
Federal workers furloughed during the 16-day partial government shutdown will be counted as unemployed when the U.S. October jobs report is issued on Nov. 8, the Labor Department said today.
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By Shobhana Chandra and Victoria Stilwell, Bloomberg |
October 29, 2013
Sales at most types of retailers, from electronics stores to restaurants, climbed in September, indicating households were sustaining the U.S. economic expansion before the government shutdown shook confidence.
