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By Rita Nazareth and Sarah Pringle, Bloomberg |
January 15, 2013
U.S. stocks rose, rebounding from earlier losses in the Standard & Poor’s 500 Index, as a rally in retail and transportation stocks overshadowed concern about talks on raising the debt ceiling.
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By Debarati Roy, Bloomberg |
January 14, 2013
Hedge funds cut bullish commodity positions to the lowest since June before prices rallied to a two-month high on signs of a rebound in Chinese economic growth.
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By Nikolaj Gammeltoft and Alexis Xydias, Bloomberg |
January 7, 2013
Speculators are abandoning money-losing positions that stocks with the closest links to the U.S. economy will fall as America’s most-hated shares stage the best rally in a year relative to the broader market.
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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 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 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.