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By Simon Kennedy and Steve Matthews |
April 16, 2013
The slump in gold may hand activist central bankers more reasons to pursue continued easy monetary policy.
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By Richard Rubin, Bloomberg |
April 10, 2013
President Barack Obama wants to again rely on the top-earning U.S. households for most of the tax increases he’s proposing.
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By Mike Dorning, Bloomberg |
April 8, 2013
Less than a week after job-creation figures fell short of expectations and underscored the U.S. economy’s fragility, President Barack Obama will send Congress a budget that doesn’t include the stimulus his allies say is needed and instead embraces cuts in an appeal to Republicans.
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By Heidi Przybyla and Roger Runningen, Bloomberg |
April 4, 2013
The White House is telling lawmakers that President Barack Obama’s budget plan will mirror previous deficit-cutting proposals, which included changing the calculation for Social Security cost-of-living increases and tax brackets.
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By Brian Faler, Bloomberg |
March 21, 2013
Congress gave final approval to legislation to avert a partial government shutdown in a rare example of bipartisan cooperation on federal spending.
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By Richard Rubin, Bloomberg |
March 18, 2013
As Congress returns this week to confront immediate budget issues that have consumed the debate in Washington, lawmakers are preparing to pivot to topics such as immigration, gun control and energy policy.
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By Julianna Goldman and Roxana Tiron, Bloomberg |
March 1, 2013
President Barack Obama said the automatic spending cuts set to kick in today will be a “slow grind” on the economy and that it may take weeks to win over enough lawmakers from both parties to reach a deal on a replacement deficit-cutting plan.
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By Futures Staff |
February 1, 2013
In a year dominated by crises — both natural and political — squeezing our annual list of largest influencers down to 20 was difficult. One thing this year highlighted was that money and power trump all as we learned that — at least in the banking world — there are...
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By Susanne Walker and Rita Nazareth, Bloomberg |
January 18, 2013
U.S. stocks closed at a five-year high and Treasuries rose for the fifth time in six days as investors weighed prospects for a short-term lift in the U.S. debt ceiling. The yen traded at a 2 1/2-year low.
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By Roxana Tiron and James Rowley, Bloomberg |
January 18, 2013
House Republicans plan to vote next week on a three-month extension of U.S. borrowing authority in an effort to force the Democratic-led Senate to adopt a budget plan.