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Calling inflation “the dog that didn’t bark,” the International Monetary Fund on Tuesday said the massive monetary easing undertaken by major central banks in recent years poses little risk of a sparking a damaging run-up in prices down the road. … Continue reading
A report released Thursday by Congress’ investigative arm heightened suspicion about the “political intelligence” industry, an army of consultants who scour Washington for legislative information that could give their clients an investing edge. Read full article >>
NEW YORK (Reuters) – Stock futures were little changed on Tuesday amid caution ahead of a crucial vote in Cyprus that could lead the country into default, as investors waited to see if the nation’s troubles would have a wider … Continue reading
NEW YORK (Reuters) – Stocks opened little changed on Friday, a day after the S&P 500 rose to its highest level in five years, as a weak outlook from Intel offset a fourth-quarter profit at Morgan Stanley.
* Global macro trends seen lending more volatility in 2013
The deal passed by the Senate early Tuesday would head off the most severe effects of the “fiscal cliff” by averting a dangerous dose of austerity but still leaves the economy vulnerable to both immediate and more distant threats. Read … Continue reading
HATFIELD, Pennsylvania (Reuters) – With barely a month left before the “fiscal cliff,” Republicans and Democrats remained far apart on Friday in talks to avoid the across-the-board tax hikes and spending cuts that threaten to throw the country back into … Continue reading
HATFIELD, Pennsylvania (Reuters) – With barely a month left before the “fiscal cliff,” Republicans and Democrats remained far apart on Friday in talks to avoid the across-the-board tax hikes and spending cuts that threaten to throw the country back into … Continue reading
WASHINGTON (Reuters) – Fresh from a decisive re-election win, President Barack Obama returns from the campaign trail on Wednesday with little time to savor victory, facing urgent economic challenges, a looming fiscal showdown and a still-divided Congress able to block … Continue reading
WASHINGTON (Reuters) – President Barack Obama and his Republican challenger Mitt Romney agree that the $ 2.8 trillion U.S. healthcare system is broken, but neither candidate on Wednesday presented voters with a clear idea of how to fix it.