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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 Kasia Klimasinska |
February 27, 2013
Former White House Chief of Staff Jacob J. Lew won Senate confirmation to become U.S. Treasury secretary.
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By Nikolaj Gammeltoft and Sarah Pringle, Bloomberg |
February 19, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to its highest level in five years, on optimism over dealmaking and data showing rising investor confidence in Germany.
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By Adria Cimino and Leslie Picker, Bloomberg |
February 13, 2013
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will extend a five-year high, as President Barack Obama proposed spending on infrastructure and environmental projects in his State of the Union address.
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By Margaret Talev and Mike Dorning |
February 12, 2013
President Obama addressed the deficit, spending cuts, unemployment, a minimum wage spike and other potentially market-moving topics in his annual State of the Union address to Congress.
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By Jeanna Smialek, Bloomberg |
January 29, 2013
Confidence among U.S. consumers declined more than forecast in January, reaching the lowest level in more than a year as higher payroll taxes took a bigger bite out of Americans’ paychecks.
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By Greg Stohr, Bloomberg |
January 8, 2013
The U.S. Supreme Court signaled it may tighten the time limits that apply when the Securities and Exchange Commission and other government agencies seek to impose fines on people and companies accused of fraud.
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By Inyoung Hwang, Bloomberg |
January 3, 2013
U.S. stocks fell, following the biggest rally in a year for the Standard & Poor’s 500 Index, as Federal Reserve policy makers said they will probably end their bond-purchase program sometime in 2013.
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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
