Politics
Politics Articles
ThinkstockThe lone negative vote on the Fed’s recent adoption of inflation and employment thresholds was cast by Richmond Federal Reserve President Jeffrey Lacker, which is not terribly surprising...
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ThinkstockThe very modest hope that government actions in Italy might stabilize its economy probably has come to an end. Italian Prime Minister Mario Monti has announced his resignation, which leaves...
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ThinkstockHouse Speaker John Boehner held a press conference earlier this morning in which he declared that no progress has been made in budget talks between House Republicans and the Obama...
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America needs to get ready for the politicians to go over the fiscal cliff. That is how things sound as of now at least. It is becoming more and more evident, if not obvious, that both sides are too...
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Depending on your point of view, a report today that newly-elected Senator Elizabeth Warren (D-MA) will get a seat on the Senate Banking Committee is either good news or bad news. Warren has...
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Microsoft Corp. (NASDAQ: MSFT) sometimes fights its battles against Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) in public. Microsoft CEO Steve Ballmer points to the superiority of his...
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Speaker of the House John Boehner has sent a letter to President Obama suggesting a more balanced $4.6 trillion approach to avert the coming fiscal cliff. The letter goes mostly back to the...
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For those who believe that the White House and Congress can find a solution to the fiscal cliff problem, hope has begun to drain away. Treasury Secretary Tim Geithner said that Republicans will have...
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There are two schools of thought regarding the reaction of precious metals to the eventual resolution (or non-resolution) of the current negotiations on the U.S. fiscal cliff. If the two sides can...
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The independent Congressional Budget Office issued its new estimate of when the federal government will reach its debt ceiling — late February or early March. In its “Federal Debt and the...
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Speaker of the House John Boehner has just come out swinging about the coming fiscal cliff and the political discussions about this. Boehner said that no productive steps have been made with the...
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ThinkstockOnce again, the Treasury Department has elected not to label China as a currency manipulator. Many economists and politicians believe that action is absurd because the People’s Republic...
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courtesy U.S. Federal ReserveThe appointment of Canadian central bank chief Mark Carney to be the new Bank of England governor sets a precedent. Never has someone from outside the United Kingdom held...
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Jon OggGun stores are still very busy, but the great move for investors chasing the gains in shares of the public firearms makers appears to have mostly run its course. More gains are of course...
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Jon OggFederal Reserve chairman Ben Bernanke is speaking at the New York Economic Club today in New York City. While Bernanke is promising to keep rates and policy easy for quite some time, Bernanke...
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