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By Phil Flynn |
November 28, 2012
Traders are rolling the day product expiration and may not get long as it looks like politicians are destined to sink the economy over political ideology.
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By Glenys Sim |
November 27, 2012
Gold fell to the lowest level this week as concern about U.S. budget negotiations increased demand for the dollar as a haven.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
November 27, 2012
U.S. stocks fell for a second day and Treasuries rose as Senate Majority Leader Harry Reid said budget talks in Washington have made little progress.
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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 Daniel P. Collins |
November 16, 2012
An interesting thing has happened with regard to the looming fiscal cliff since the Nov. 6 presidential election results. You hear Democratic pundits downplay its importance and suggest it may not be such a bad thing
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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.
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By Kasia Klimasinska and Meera Louis, Bloomberg |
November 13, 2012
The U.S. government’s budget deficit widened in October, the first month of the new fiscal year, as President Barack Obama and Congress seek an agreement to lower future gaps and avoid the so-called fiscal cliff.
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By Phil Flynn |
November 9, 2012
As we head towards the fiscal cliff and the markets from gold to bonds to stocks to oil start to price in a recession, the question becomes, just whose recession is it anyway?
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By Laura Litvan and Phil Mattingly, Bloomberg |
May 18, 2012
Republicans in the U.S. Congress were uniting behind a call to repeal all or part of the 2010 financial regulatory overhaul. Since JPMorgan Chase & Co. announced its $2 billion trading loss earlier this month, that front has splintered.
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By News Story |
October 21, 2011
The U.S. Senate confirmed three presidential nominees for financial regulator posts last night in a voice vote, including Mark Wetjen as a CFTC commissioner