Reuters – The Securities and Exchange Commission should not get a budget boost until it dedicates its existing resources to reforming its internal operations, two key House Republican lawmakers said on Wednesday.
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Read More »AP – The financial world initial rejoiced Friday when word came of a deal by most European countries — including all 17 that use the euro — to allow the European Commission to oversee national budgets and impose penalties if a country’s debt grows too much.
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AP – A deal to forge stronger ties between most of Europe’s economies sent stocks sharply higher Friday as hopes grew that the region is close to resolving its debt crisis. The Dow Jones industrial average rose 186 points.
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Read More »AP – A deal to forge stronger ties between most of Europe’s economies sent stocks sharply higher at midday Friday as hopes grew that the region is close to resolving its debt crisis. The Dow Jones industrial average rose 173 points.
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Read More »CQPolitics.com – Members of the joint deficit reduction committee were expected to admit defeat in their quest for a budget-cutting deal later Monday, most likely after U.S. stock markets close for the day.
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Read More »AP – EUROPE AGAIN: Italy’s benchmark stock index leapt 3.7 percent and its borrowing costs plunged after the country’s Senate passed a crucial austerity budget demanded by the European Union. Other European stock markets and the euro also pushed higher as investors became more confident that Italy would avoid a fiscal disaster.
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AP – Asian stocks climbed Wednesday, bolstered by easing inflation in China and Italian Prime Minister Silvio Berlusconi’s promise to resign once a new budget is passed that could prevent the country being engulfed in a debt crisis.
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Read More »AP – Asian stock markets turned higher Wednesday, with investment sentiment on the upswing after Italian Prime Minister Silvio Berlusconi promised to resign once his country passes a new budget.
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