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By Steve Matthews and Joshua Zumbrun, Bloomberg |
February 21, 2013
Federal Reserve Bank of St. Louis President James Bullard said U.S. unemployment may drop to 6.5% by the middle of next year and prompt the central bank to raise its benchmark interest rate from near zero.
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By Steve Matthews, Bloomberg |
February 14, 2013
Federal Reserve Bank of St. Louis President James Bullard said central bank stimulus has been ramped up this year with the decision to increase outright bond purchases to $85 billion a month and that a growing balance sheet could be complicated to unwind.
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By Elizabeth Campbell, Bloomberg |
February 14, 2013
The worst U.S. drought since the 1930s is shrinking a cattle herd that’s already the smallest since 1952 and signaling tighter beef supplies and higher costs for restaurant owners.
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By Steve Matthews, Bloomberg |
February 13, 2013
Federal Reserve Bank of St. Louis President James Bullard said signs of more stability in U.S. fiscal policy, the housing market and the global economy will probably help fuel economic growth in 2013.
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By Carter Dougherty |
January 27, 2013
A federal court ruling limiting presidential appointment power could jeopardize much of the work of the Consumer Financial Protection Bureau.
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By Christine Buurma, Bloomberg |
January 2, 2013
Natural gas futures dropped for a second day on forecasts of moderating temperatures that may reduce demand for the power-plant fuel.
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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 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 Adam Satariano and Josh Tyrangiel, Bloomberg |
December 6, 2012
Apple Inc. plans to spend more than $100 million next year on building Mac computers in the U.S., shifting a small portion of manufacturing away from China, the country that has handled assembly of its products for years.
