(Reuters) - The U.S. Senate prepared for a last ditch effort Wednesday to avoid a historic lapse in the government's borrowing authority, a breach that President Barack Obama has said could lead to default and deliver a damaging blow to the global economy.
After a day of stop-and-go negotiations, the top Democrat and Republican in the...
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Daily Market Review for October 16th 2013
Major Economic Data to keep an eye on:
Make sure to keep track of economic news related to your open positions.
GBP – Average Earnings – 9:30 GMT
GBP – Claimant Count Change – 9:30 GMT
(Reuters) – If Washington doesn’t reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans out of work.
(Reuters) - If Washington doesn't reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans out of work.
Many people would not notice right away if the government hits a $16.7 trillion cap on...
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Oil slips as traders eye budget, Iran talks
NEW YORK (MarketWatch) — Oil futures retreated Tuesday as politicians appeared to make progress toward a deal to end Washington’s budget standoff and avert a default, while traders also focused on the first day of talks between Iran and major powers that could lead to an easing of sanctions against the country.
Nymex November...