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Debt Ceiling Press Conference

President Barack Obama declared on Monday there would be no deal on raising the government’s debt  limit if Republicans won’t compromise, and he explained he wouldn’t sign a short-term extension –...

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Debt Ceiling Debate Update

President Barack Obama gave lawmakers 24 to 36 hrshours to finalize the route ahead for raising the debt ceiling during the most recent high-stakes White House meeting on Thursday. “It’s decision...

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Gang of Six Deficit Plan

6 stalwart U.S. senators delivered yesterday the outlines of an intelligent and ambitious deficit- reduction proposal. It is, as President Barack Obama succinctly explained, “good news” — at a time...

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Congress fail to break debt deadlock

Lawmakers did not obtain a budget breakthrough on Sunday and as an alternative worked on rival plans in an impasse that heightened prospects for the catastrophic debt fault. With time working out,...

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Amazon (AMZN) Latest Report Earnings

Stocks held in for some of the day, but sold off toughest inside the last hour along with a half of trading. Even though there continues to be some weakness, traders are mostly acting as if a deal is...

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