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Showing 71 - 80 of 105 results for "US debt"

US pension funds issue debt ultimatum

MATT WOODINGTON  |  TUESDAY, 26 JUL 2011
US pension funds have issued a rallying call to President Barack Obama and Members of Congress to act immediately on US debt or risk long term damage to the country's retirement savings. The California Public Employees' Retirement System (CalPERS) released ...

Market Wrap - Midday

AAP  |  TUESDAY, 26 JUL 2011
... volume of 19,823 contracts. IG Markets research analyst Ben Potter said an address by US President Barack Obama on the US debt-ceiling deadlock had failed to register on the local market. The deadlock sent US stocks tumbling overnight. "Obama didn't ...

Market Wrap - Morning

AAP  |  TUESDAY, 26 JUL 2011
... Ordinaries index dropped 70.3 points, or 1.5 per cent, to 4,603.8. NEW YORK - The Washington deadlock over raising the US debt ceiling sent stocks tumbling on Monday, as the August 2 date to avoid a government debt default grew closer with no deal in ...

Market Wrap - Morning

AAP  |  MONDAY, 25 JUL 2011
... Greek bailout on Thursday, the market continued to operate under the shadow of the political stalemate over raising the US debt ceiling, with the August 2 deadline moving closer. If the US debt ceiling is not raised by then, the country will have to ...

Net-net, it's still good

BENJAMIN ONG  |  MONDAY, 25 JUL 2011
What a drama 'ey? You know what I'm talking about. The drama that is the 'off-again-on-again' deal on the US debt ceiling and the 'it'll be bailed, no it won't' Greek tragedy. Yes, those ones. The ones that sent risk assets up, then down, then up again ...

Market Wrap - Morning

AAP  |  THURSDAY, 21 JUL 2011
... from 4.20 per cent. LONDON - European stock markets closed higher, boosted by hopes for progress in both the eurozone and US debt crises while solid company results bolstered investor confidence. Dealers said sharp gains overnight on Wall Street after ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 20 JUL 2011
... points at 4,519 points, with 22,870 contracts traded. RBS Morgans private client advisor Bill Bishop said progress in the US debt stalemate had buoyed the market. The US House of Representatives has passed legislation allowing a conditional $US2.4 trillion ...

Market Wrap - Midday

AAP  |  MONDAY, 18 JUL 2011
... said. Mr Russell said the market would focus on any developments on discussions among US legislators on extending the US debt ceiling in the week ahead. The consumer discretionary sector was down 1.78 per cent, while energy stocks had declined 0.95 per ...

Credit hits the fan as Moody's puts US on downgrade watch

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
... for possible downgrade prompting US Federal Reserve chairman Ben Bernanke to issue dire warnings on the global impact a US debt default would have. US lawmakers have been debating whether to increase the federal government's $14.29 trillion debt ceiling. ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 JUL 2011
... agree to raise the government's borrowing limit by an August 2 deadline. Failure to meet the deadline could result in a US debt default, which would have disastrous effects for the economy and financial markets. Boehner, a Republican, said that dealing ...