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By Silla Brush |
March 5, 2013
The Obama administration has opened discussions with Gary Gensler about serving a possible second term as chairman of the CFTC.
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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 Philip McBride Johnson |
March 1, 2013
The "sequester" has taken effect. According to multiple news reports, an early casualty will be the shipbuilding industry, especially on the military side. But it will also make more difficult the full implementation of the derivatives piece of the Dodd-Frank Act.
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By Kathleen M. Howley, Bloomberg |
February 28, 2013
U.S. spending cuts scheduled to kick in tomorrow will constrain the availability of Federal Housing Administration mortgages that account for about a quarter of originations, threatening its role in the year-long housing recovery.
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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 Craig Torres, Josh Zumbrun and Caroline Salas Gage, Bloomberg |
February 26, 2013
Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.
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By Liz Capo McCormick, Bloomberg |
February 19, 2013
As President Barack Obama starts his second term, the bond market is already telling him that the administration’s forecasts for economic growth over the next four years are too optimistic.
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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 Alex Kowalski, Bloomberg |
February 12, 2013
Job openings in the U.S. dropped in December from a four-year high, a sign employers put expansion plans on hold as lawmakers wrangled over tax and spending programs.
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By Phil Mattingly |
February 11, 2013
Frustration with New York-based S&P, the nation’s largest ratings firm, Moody’s Corp. and Fitch Ratings has existed almost since the current administration took office.
