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 –...
View ArticleDebt 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...
View ArticleGang 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...
View ArticleCongress 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,...
View ArticleAmazon (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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