Investors are focused on Washington as President Barack Obama and lawmakers launch a last-chance round of budget negotiations days before a New Year's deadline to reach a deal or watch the economy go off a "fiscal cliff."
NEW YORK, Dec 28- U.S. stock index futures fell on Friday, putting the benchmark S&P 500 index on track for a fifth straight decline as legislators prepared to resume talks to avoid the "fiscal cliff."
Euro zone to include CACs on all new bonds from Jan. 1. LONDON, Dec 28- When 10 wealthy countries first demanded legal provisions making it easier to restructure government bonds in a crisis, they never thought this would apply to their own debt.
Investors are focused on Washington as President Barack Obama and lawmakers launch a last-chance round of budget negotiations days before a New Year's deadline to reach a deal or watch the economy go off a "fiscal cliff."
*Senate leader Reid hints U.S. might go over' fiscal cliff'. It looks like that is where we're headed, " Harry Reid, the Democratic leader of the Senate, said of the likelihood of going over the fiscal cliff."
*Senate leader Reid hints U.S. might go over' fiscal cliff'. *U.S. fast approaching debt ceiling, Geithner tells Congress. It looks like that is where we're headed, " Harry Reid, the Democrat leader of the Senate, said of the likelihood of the U.S. economy going over the" fiscal cliff ".
*Senate leader Reid hints U.S. might go over' fiscal cliff'. It looks like that is where we're headed, " Harry Reid, the Democrat leader of the Senate, said of the likelihood of the U.S. economy going over the" fiscal cliff. "
NEW YORK, Dec 27- U.S. stock index futures edged higher on Thursday, putting the S&P 500 on track to snap a three-day skid, as U.S. President Barack Obama returned to Washington to restart negotiations over the "fiscal cliff."
NEW YORK, Dec 27- U.S. stock index futures were little changed on Thursday with legislators due to return to Washington to restart negotiations over the "fiscal cliff".
Italy sold all the bills and bonds it aimed to at an auction on Thursday, a few days after outgoing Prime Minister Mario Monti announced he may join the election race to lead a reform-minded centrist alliance.
MILAN, Dec 27- Italy sold all the bills and bonds it aimed to at an auction on Thursday, a few days after outgoing Prime Minister Mario Monti announced he may join the election race to lead a reform-minded centrist alliance.
PARIS, Dec 27- European stock index futures signalled a mixed open on Thursday as equity markets reopen after the Christmas break, with investors focusing on Washington's last-ditch efforts to avoid the "fiscal cliff".
NEW YORK, Dec 26- Investors in U.S.-based mutual funds committed the least amount of new cash to bond funds in six months and shunned municipal bonds in the latest week as U.S. lawmakers hit a standstill in talks over the looming "fiscal cliff," data from the Investment Company Institute showed on Wednesday.
WASHINGTON, Dec 26- The U.S. Treasury on Wednesday announced the first of a series of measures that should push back the day when the government will exceed its legal borrowing authority as imposed by Congress by around two months. Without any action, Treasury said the government is set to reach its $16.4 trillion debt ceiling on Dec. 31.
WASHINGTON, Dec 26- The U.S. Treasury on Wednesday announced the first in a possible series of emergency steps to push back the day when the government will exceed its legal borrowing authority as imposed by the U.S. Congress.
NEW YORK, Dec 26- U.S. A package of automatic federal tax hikes and spending cuts worth $600 billion are set to go into effect in 2013 unless lawmakers in Washington are able to compromise to avert the fiscal crunch, which threatens to harm economic growth.
Treasury debt prices rose on Wednesday in light, post-Christmas volume as data showing disappointing holiday sales and the lack of progress toward a budget deal in Washington stoked safety bids for bonds.
NEW YORK, Dec 26- U.S. stock index futures pointed to a slightly higher open on Wednesday, indicating the S&P 500 may stem its worst two-day drop since mid-November, ahead of the resumption of "fiscal cliff" negotiations.
*Netflix blames Amazon for outage. NEW YORK, Dec 26- U.S. stock index futures edged higher on Wednesday, indicating the S&P 500 may halt its worst two-day drop in since mid-November, ahead of the resumption of "fiscal cliff" negotiations.
The small drop does not indicate an end to the corporate debt problems that have weighed on UAE banks' earnings over the past several years.