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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 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 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 Alanna Byrne |
December 21, 2012
Growing concern over the fiscal cliff negotiations sent global stocks falling overnight, and will likely offset the impact of several positive economic reports.
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By Roxana Tiron and Hans Nichols, Bloomberg |
December 18, 2012
House Speaker John Boehner said he will push a budget “plan B” measure that would include tax increases on income of more than $1 million, while continuing to negotiate with President Barack Obama.