U.S. Stocks Rise on Bets of More Stimulus; Treasuries Pare Gains
Speculation that the Fed will embark on a third round of asset purchases to stem off a recession grew after the Wall Street Journal reported that three former policy makers support the approach. More…
Finacial Reform in Greece
Speaking before Parliament’s plenary session, Finance Minister Evangelos Venizelos referred to the finance ministry’s draft bill stressing that “the scenery should change” and underlined that “this…
Deutsche Börse-NYSE Deal Moves Ahead
BY ULRIKE DAUER FRANKFURT—German exchange operator Deutsche Börse AG Wednesday said more than 95% of shares had been tendered in favor of its planned tie-up with NYSE Euronext, removing a major…
(Reuters) - Fitch…
(Reuters) - Financial…Congress averts default, downgrade fears haunt
WASHINGTON (Reuters) - Congress buried the specter of a debt default by finally passing a deficit-cutting package on Tuesday, but the shadow lingered of a possible painful downgrade of the top-notch…
1923 Leica…Lawmakers to vote on last-minute debt deal
(Reuters) - Congressional leaders rushed to line up Republican and Democratic votes on Monday for a White House-backed dealto raise the U.S. borrowing limit and avert an unprecedented debt default.…
The President Surrenders on Debt Ceiling - NYTimes.com
The President Surrenders By PAUL KRUGMAN Published: July 31, 2011 A deal to raise the federal debt ceiling is in the works. If it goes through, many commentators will declare that disaster was…