The Bank of England is concerned that U.S. fiscal policies are creating economic difficulties without any longer-term benefits.» Read More
*European shares, dollar flat after Asia, Wall Street slip. LONDON, Dec 11- Financial markets gave a cautious thumbs-up on Wednesday to a provisional budget deal that could prevent the U.S. government from shutting down in the coming months. News that U.S. budget negotiators had reached a two-year agreement couldn't overcome the year-end blues in Asia.
SHANGHAI, Dec 11- The price gap between bitcoins trading in Chinese yuan and those sold for other currencies has evaporated in recent days, highlighting the porous nature of China's capital controls.
DETROIT, Dec 11- A decade ago Les Cadman stopped making improvements to his small house in Detroit's declining Delray district because it stood in the path of a proposed bridge to Windsor, Ontario, the bustling Canadian city just across the Detroit River.
NEW YORK/ SAN FRANCISCO, Dec 11- Now that the central question before the Federal Reserve has shifted from whether to cut its extraordinary stimulus to when exactly to pull back, the debate at next week's meeting will center on how best to communicate that plan.
*Gold eases after 3- day rally. SINGAPORE, Dec 11- Gold snapped a three-day winning streak on Wednesday but was well-supported near a three-week high, boosted by short-covering and weakness in the dollar. However, it depends on whether it can hold support at $1,250 and the Fed meeting next week, "said a Hong Kong- based precious metals trader.
WASHINGTON, Dec 10- A bipartisan budget deal announced in the U.S. Congress on Tuesday, while modest in its spending cuts, would end nearly three years of partisan stand-offs between Democrats and Republicans that culminated in October with a partial government shutdown.
WASHINGTON, Dec 10- U.S. banks will no longer be able to make big trading bets with their own money after regulators finalized on Tuesday a rule shutting down what was a hugely profitable business for Wall Street before the credit crisis.
The U.S. Court of Appeals for the District of Columbia Circuit, the second most powerful court in the country behind the Supreme Court, heard two cases challenging the Environmental Protection Agency's first rules to crack down on mercury from the country's fleet of electric generating units.
In an open letter on Tuesday to Boeing Chief Executive Jim McNerney and Boeing Commercial Airplanes Chief Executive Ray Conner, the state's two senators and 10 representatives emphasized the congressional support that would come with putting the jet factory in their state.
WASHINGTON _ President Barack Obama meets with college presidents and business leaders to discuss college costs. WASHINGTON _ Health and Human Services Secretary Kathleen Sebelius testifies before the House Energy and Commerce Committee about the health care law.
*Big jump in world wheat stocks after large Canada harvest. U.S. soybean stocks for 2013/ 14 were forecast down sharply from a month ago, but projected wheat stocks in the United States and globally were higher, largely reflecting a record crop in Canada, the U.S. Department of Agriculture said.
WASHINGTON, Dec 10- Lower prices created resurgent demand for U.S. corn at home and abroad, including in the ethanol market, the U.S. government forecast on Tuesday, resulting in smaller, but still ample, stocks at the end of this marketing year.
*Yanukovich says Ukraine needs close trade ties with Moscow. *U.S.' s Nuland, EU's Ashton in Kiev for talks. KIEV, Dec 10- Ukrainian President Viktor Yanukovich gave no ground on Tuesday to protesters who want Kiev to move closer to the European Union, insisting his government needs to deepen trade ties with Russia instead.
WASHINGTON, Dec 10- U.S. regulators toughened key sections of the Volcker rule's crackdown on Wall Street's risky trades on Tuesday as they finalized one of the harshest reforms after the credit meltdown.
The legislation _ a fallback plan to a measure stalled in the Senate _ does not include a contentious proposal from Sen. That plan drew strong opposition from the Pentagon as well as several men and women in the Senate. The House plans to adjourn by week's end and the Senate is scheduled to leave town Dec. 20.
WASHINGTON-- For months, the talk was all about computer code. People who didn't know a URL from an http were blithely expounding on software snags and web design, thanks to the clunky launch of healthcare.gov, the insurance marketplace for the government's big health care overhaul.
WASHINGTON, Dec 10- The first winter snowfall of the season slowed U.S. government operations on Tuesday but did not bring them to a standstill, with Congress, the Supreme Court and financial regulators meeting for business as usual.
"The numbers here in Mississippi add up to trouble," said Frank "Rocky" Moretti, director of policy and research for The Road Information Program, or TRIP, a Washington- based nonprofit group.
*General Motors to name first female CEO. NEW YORK, Dec 10- Wall St was set to take a breather on Tuesday after the S&P 500 closed at yet another record high and as investors were hesitant to make big bets amid uncertainty over the Federal Reserve's stimulus.
DUBAI, Dec 10- The world's largest gas reserves may tempt some energy companies back to Iran if sanctions are lifted, but Tehran is unlikely to become a significant gas supplier to Europe or Asia for at least a decade.