Last Updated: Sunday, December 30, 2012, 11:53
Domestic stock market investors will be closely tracking US fiscal cliff talks as lawmakers are expected to come out with a budget to prevent at least a portion of over USD 600 billion in tax hikes and spending cuts from taking effect in January.
Last Updated: Saturday, December 29, 2012, 09:41
President Barack Obama held out hope for a last-minute agreement to avoid the "fiscal cliff" before a looming year-end deadline to avoid tax increases and spending cuts.
Last Updated: Friday, December 28, 2012, 17:30
US consumer confidence fell sharply in December, as the looming "fiscal cliff" imposed a negative effect on consumer sentiment, the Conference Board said.
Last Updated: Friday, December 28, 2012, 09:44
The House Minority Leader, Nancy Pelosi, in a statement called on the House Republican leadership to call the House back into session to get to work.
Last Updated: Thursday, December 27, 2012, 23:30
US President Barack Obama Thursday cut short his vacation in Hawaii and arrived in Washington to address the fiscal cliff of automatic tax hikes and spending cuts.
Last Updated: Wednesday, December 26, 2012, 12:56
Facing a looming fiscal cliff deadline, US President Barack Obama is cutting short his Hawaiian holiday to leave for Washington on Thursday.
Last Updated: Wednesday, December 26, 2012, 12:44
US President Barack Obama plans an early return to Washington, leaving his family in Hawaii for rest of the holiday vacation, the White House said.
Last Updated: Tuesday, December 25, 2012, 12:42
If emerging markets such as India and China grappled with spiralling inflation and risks of asset bubbles, the US and Europe remained almost stagnant despite record low interest rates in 2012.
Last Updated: Saturday, December 22, 2012, 09:05
In the absence of a resolution to the fiscal cliff, the United States could plunge into a deep economic crisis.
Last Updated: Friday, December 21, 2012, 09:59
The BSE benchmark Sensex resumed lower at 19,394.55 and dropped further to a low of 19,290.50 before quoting at 19,318.57, showing a net loss of 135.35 points of 0.70 percent.
Last Updated: Friday, December 21, 2012, 09:19
US S&P 500 stock futures plunged 1.5 percent on worries over the US "fiscal cliff".
Last Updated: Friday, December 21, 2012, 09:09
The President's main priority is to ensure that taxes don't go up on 98 percent of Americans and 97 percent of small businesses in just a few short days, White House Press Secretary, Jay Carney, said.
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