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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.
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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 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 Phoebe Sideman and Isaac Arnsdorf, Bloomberg |
December 27, 2012
Iron ore is rallying the most in about two years as analysts predict that China, the biggest buyer, will import a record amount in 2013 as its accelerating economic growth spurs demand for steel.
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By Daniel Kruger and John Detrixhe, Bloomberg |
December 26, 2012
Treasuries rose, pushing 10-year yields toward the lowest average annual yield on record, as U.S. leaders prepared to resume talks on a budget stalemate that may push the world’s biggest economy into recession.
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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 Yi Tian and Maria Kolesnikova |
December 21, 2012
Gold gained for the first time in four days as an impasse in U.S. budget talks boosted demand for the metal as an investment haven.
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By Inyoung Hwang |
December 21, 2012
U.S. stocks sank, paring the weekly gain in the Standard & Poor’s 500 Index, after a canceled vote sent budget talks deeper into turmoil.
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By Susanne Walker and Lucy Meakin, Bloomberg |
December 18, 2012
Treasury 10-year yields touched the highest level in seven weeks amid speculation talks are progressing in Washington to resolve a budget showdown that threatens to send the economy into recession.
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By Grant Smith and Lu Wang, Bloomberg |
December 17, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to an almost two-month high, as investors weighed prospects for a budget deal in Washington.
