U.S. debt stalemate invokes language of Armageddon Sun,17 Jul 2011 10:06 PM PDT Reuters - WASHINGTON (Reuters) - With time quickly running out to raise the U.S. debt ceiling, the Obama administration is turning to biblical rhetoric to underscore the disastrous consequences if the United States defaults. Full Story | |
Obama to discuss progress on U.S. financial reform Sun,17 Jul 2011 03:39 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama will meet on Monday with top U.S. regulators to discuss progress on implementing the legislation he signed a year ago overhauling the country's financial regulatory system. Full Story | |
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Iowa congressman helps fight off home invasion Sun,17 Jul 2011 09:33 AM PDT Reuters - DES MOINES, Iowa (Reuters) - An eight-term congressman from Iowa helped fight off an armed man who invaded his farm house in Decatur County and attacked his daughter on Saturday night, according to a statement from his office. Full Story | |
White House's Lew sees progress in debt talks Sun,17 Jul 2011 05:51 AM PDT Reuters - WASHINGTON (Reuters) - White House budget director Jack Lew told CNN on Sunday "there has been activity and progress" in talks to reach a deal to raise the U.S. debt ceiling. Full Story | |
Governors urge debt deal to avoid "embarrassment" Sat,16 Jul 2011 05:16 PM PDT Reuters - SALT LAKE CITY (Reuters) - State governors meeting in Utah on Saturday urged a speedy resolution to the deadlock in Washington over lifting the U.S. debt ceiling to avoid what they called an embarrassing default on U.S. obligations. Full Story | |
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Governors urge debt deal, discuss jobs Sat,16 Jul 2011 03:09 PM PDT Reuters - SALT LAKE CITY (Reuters) - U.S. governors meeting in Salt Lake City this weekend called for a quick resolution to the current impasse over raising the U.S. borrowing limit, saying they worried about impacts to their own credit scores. Full Story | |
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Germany confident on successful U.S. deficit talks Fri,15 Jul 2011 10:41 PM PDT Reuters - BERLIN (Reuters) - Germany is confident that agreement will be reached in budget deficit talks in the United States, government spokesman Steffen Seibert said on Friday. Full Story | |
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Romney skirts debt debate, defends health law again Fri,15 Jul 2011 02:43 PM PDT Reuters - BERLIN, New Hampshire (Reuters) - Former Massachusetts Gov. Mitt Romney tried to avoid wading into the debate within the Republican Party about raising the federal debt ceiling as he campaigned in northern New Hampshire on Friday. Full Story | |
Corporations press Republicans for debt deal Fri,15 Jul 2011 02:13 PM PDT Reuters - WASHINGTON (Reuters) - Wall Street, big corporations and business groups are mounting an increasingly frantic lobbying campaign to persuade Republicans to raise the debt limit as fears of a national default grow. Full Story | |
U.S. official reassures foreign investors over debt default Fri,15 Jul 2011 01:52 PM PDT Reuters - WASHINGTON (Reuters) - A top U.S. Treasury official has been privately fielding questions from foreign investors about the debt limit fight in Washington and has been reassuring them that the United States will not default. Full Story | |
Germany confident on successful U.S. deficit talks Fri,15 Jul 2011 01:52 PM PDT Reuters - BERLIN (Reuters) - Germany is confident that agreement will be reached in budget deficit talks in the United States, government spokesman Steffen Seibert said on Friday. Full Story | |
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Texas first state to enact hydrofracking rules Fri,15 Jul 2011 12:43 PM PDT Reuters - HOUSTON (Reuters) - Texas Gov. Rick Perry on Friday signed energy legislation to encourage more natural gas production and require energy companies to disclose chemicals used in hydraulic fracturing, a drilling method that has raised environmental concerns. Full Story | |
Treasury takes last-ditch measure to stay solvent Fri,15 Jul 2011 12:33 PM PDT Reuters - WASHINGTON (Reuters) - The Treasury said on Friday it would take the last step at its disposal to continue borrowing money in capital markets as Congress battles over raising the country's debt ceiling. Full Story | |
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Obama said ready to move on South Korea trade bill Thu,14 Jul 2011 07:14 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama will soon send a free trade pact with South Korea to Congress for approval despite Republican threats to vote against it because of a retraining program for workers displaced by trade, White House Chief of Staff Bill Daley said on Thursday. Full Story | |
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S&P warns of U.S. downgrade if no debt deal reached Thu,14 Jul 2011 05:13 PM PDT Reuters - (Reuters) - Ratings agency Standard & Poor's has warned there is a one-in-two chance it could cut the United States' prized triple-A rating if a deal on raising the government's debt ceiling is not agreed soon. Full Story | |
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