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Showing 301 - 310 of 533 results for "Congress"

The virtuous cycle is back in play

BENJAMIN ONG  |  MONDAY, 4 MAR 2013
... sequestration got rolling. What gives? What gave was that, according to some reports, investors remain optimistic that Obama and Congress could still come out with a deal sometime within the next seven months to stop the cuts. After all, the government ...

Market Wrap

AAP  |  WEDNESDAY, 27 FEB 2013
The Australian market looks set to open higher after a positive performance on Wall Street buoyed by upbeat earnings results and after Federal Reserve chairman Ben Bernanke said US economic growth had rebounded from the fourth quarter. At 0901 AEDT ...

Bernanke pours liquid over Roman burn

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2013
... closed 0.6% on the up last night, encouraged by Uncle Ben's words. In his "Semi-annual "Monetary Policy Report to the Congress before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C.", US Federal Reserve Chairman Uncle ...

Fed sorted easy, now for the ceiling

BENJAMIN ONG  |  MONDAY, 25 FEB 2013
... "Sequestration involves setting a hard cap on the amount of government spending within broadly-defined categories; if Congress enacts annual appropriations legislation that exceeds these caps, an across-the-board spending cut is automatically imposed ...

Market Wrap AM

AAP  |  THURSDAY, 14 FEB 2013
... higher in opening trade after President Barack Obama laid out economic stimulus plans in his State of the Union address to Congress. Five minutes into trade, the Dow Jones Industrial Average was up 2.91 points (0.02 per cent) at 14,021.61. The S&P 500 ...

It's happening

BENJAMIN ONG  |  TUESDAY, 29 JAN 2013

Market Wrap PM

AAP  |  MONDAY, 21 JAN 2013
The Australian market has opened flat as investors gave a lukewarm response to US Congressional Republicans agreeing to temporarily raise the debt ceiling. At 1015 AEDT on Monday, the benchmark S&P/ASX200 index was up 5.7 points, or 0.12 per cent, at ...

Market Wrap AM

AAP  |  MONDAY, 21 JAN 2013
The Australian market looks set to open higher after the Dow and the S&P 500 hit their best levels since late 2007, helped by news that Republicans might agree to raise the US' debt ceiling. At 0655 AEDT on Monday, the March share price index futures ...

Debt ceiling forces US Treasury to suspend TSP contribs

ALEX DUNNIN  |  THURSDAY, 17 JAN 2013
... securities. The decision to suspend TSP payments was announced by US Treasury Secretary Timothy Geithner in a letter to Congress this week. "The statute governing G Fund [government securities] investments expressly authorises the Secretary of the Treasury ...

Market Wrap - AM

AAP  |  FRIDAY, 14 DEC 2012
... off the "fiscal cliff." The "cliff" is tax increases and government spending cuts that take effect on January 1 unless Congress and the White House reach a deal to avert them. President Barack Obama said a deal was "still a work in progress." Asked about ...