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Showing 351 - 360 of 533 results for "Congress"

Market Wrap - Morning

AAP  |  TUESDAY, 22 NOV 2011
... Asian stock markets start getting particularly hammered today." NEW YORK - US stock markets tanked Monday on news that Congress probably has failed to reach a deal to cut the country's massive budget deficit and to extend stimulus measures into next ...

Market Wrap- Midday

AAP  |  MONDAY, 21 NOV 2011
... solution to the US debt crisis. Failure would trigger mandatory cuts from January 2013, but that timeframe means the US Congress can wriggle out of the supposed ultimatum. On the local market at 1205 AEDT, in the financial sector, National Australia ...

Market Wrap - Morning

AAP  |  MONDAY, 21 NOV 2011
... NEW YORK - US equity markets have closed mixed as the unresolved eurozone crisis and news of a deep partisan split in Congress's crucial deficit supercommittee clouded positive economic data. The Dow Jones Industrial Average rose 25.43 points (0.22 per ...

Congressmen agitate for US transaction tax

ALEX DUNNIN  |  THURSDAY, 3 NOV 2011
... US$150 billion per year. The European transaction tax from 2014 is expected to raise half that. Republican control of Congress means the Bill has no chance of passing but William Katz, a leading analyst from Citi, said the presence of the Bill amidst ...

Volcker Rule could slash Wall Street incomes 25%

ALEX DUNNIN  |  THURSDAY, 13 OCT 2011
... betting on stocks or trading the complex derivatives that drive most of the profits these firms generate. Legislators in Congress are meanwhile worried that the idealism in the draft legislation could undermine the markets themselves nothwithstanding ...

Ben calls on JMK

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2011
... further action as appropriate to promote a stronger economic recovery in a context of price stability." More, he told Congress to listen up. "...avoid fiscal actions that could impede the ongoing economic recovery. Putting in place a credible plan for ...

Not looking good

BENJAMIN ONG  |  MONDAY, 12 SEP 2011
... August. A good effort as it is estimated to add between 1% and 3% to GDP growth, that is if he can get the GOP-hostaged Congress to pass the plan. And Big Ben? Looks like he's more into blahs than action these days. He reassured one and all that the ...

Market Wrap - Morning

AAP  |  MONDAY, 12 SEP 2011
... The New York futures market gave a less-than-confident reaction to US President Barack Obama's jobs plan proposed to Congress late Thursday. The $447 billion package of taxes and new government spending is aimed at tackling high unemployment and weak ...

Market Wrap - Midday

AAP  |  FRIDAY, 9 SEP 2011
... a weak lead from Wall Street, after US President Barack Obama introduced a $US447 billion ($A423.06 billion) plan to Congress that he said would jolt the "stalled" economy, and create more jobs. At 1200 AEST the benchmark S&P/ASX200 index was up 35.1 ...

Market Wrap - Morning

AAP  |  FRIDAY, 9 SEP 2011
... cent, to 4,269.8 points. NEW YORK - US stocks slid Thursday as traders awaited a key speech by President Barack Obama to Congress on stimulating the economy and job growth. After snapping a three-session slide Wednesday with a triple-digit gain, the ...