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Showing 1 - 10 of 16 results for "US lawmakers"

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... Australia's (RBA) rate increases. Earlier in the week, the Australian share market rallied following the decision by US lawmakers to raise the debt ceiling. If the agreement is passed by Congress, the ASX may see another modest rise, however, speaking ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ...

Market Wrap AM

AAP  |  FRIDAY, 27 FEB 2015
... continue to climb in the wake of this," he added. US Federal Reserve Chair Janet Yellen also hinted in testimony to US lawmakers this week the central bank was in no hurry to raise interest rates. HONG KONG - Asian markets have largely risen as Tokyo ...

Market Wrap AM

AAP  |  MONDAY, 30 SEP 2013
... following a bounce on Wall Street that was fuelled by better-than-forecast US jobs data. However, trading is tentative as US lawmakers remain unable to reach agreement over a budget just days before a deadline kicks in that could see parts of the federal ...

Market Wrap PM

AAP  |  THURSDAY, 26 SEP 2013
... next week weigh on investors. US markets moved lower early on Thursday, Australian time, as budget talks between US lawmakers yielded little progress. The country may face a federal government shutdown if the budget is not passed by October 1. Commsec ...

Market wrap - morning

AAP  |  TUESDAY, 5 MAR 2013
... Composite slipped 4.98 points, or 0.16 per cent, to 3,164.76. LONDON - European stock markets closed mixed after US lawmakers failed to prevent $US85 billion ($A83 billion) in spending cuts set to take effect in the world's biggest economy and concern ...

Market wrap AM

AAP  |  THURSDAY, 29 NOV 2012
... soared following the Greek deal. HONG KONG - Asian markets fell, following losses on Wall Street, as traders fret US lawmakers will not agree a deal to avert the fiscal cliff. Forex dealers also ran for cover after the Senate Majority Leader Harry Reid ...

Market wrap AM

AAP  |  MONDAY, 12 NOV 2012
... start on Monday as world markets are dominated by concerns about the looming "fiscal cliff" in the United States. US lawmakers have until December 31 to work out a compromise to avoid tax increases and government spending cuts that begin to take effect ...

The song remains the same

BENJAMIN ONG  |  FRIDAY, 9 NOV 2012
... know the one. The US$600 billion worth of tax rises and spending cuts that'll automatically start next year unless US lawmakers find a way out of it. According to Bloomberg, "The U.S. faces $1.2 trillion in mandated spending cuts and tax increases starting ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 NOV 2011
... failed to reach a deal to cut the country's massive budget deficit and to extend stimulus measures into next year. "US lawmakers are expected to announce Monday that they have failed to reach an agreement on budget cuts," said Ryan Sweet of Moody's Analytics. ...
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