House Budget Committee Chairman Rep. Paul Ryan, (R-WI), discusses whether the proposed budget agreement will pass both Houses, and whether Sen. Patty Murray "got the best of him."» Read More
*Tokyo's Nikkei seen heading for third straight daily fall. TOKYO, Dec 12- Asian shares slipped to a four-week low on Thursday on heightened expectations the Federal Reserve may act sooner than later to unwind its stimulus after a provisional budget deal in Washington eased some of the fiscal drag on the U.S. economy.
KIEV, Dec 11- Ukrainian protesters stood their ground on Wednesday after an overnight sweep by riot police and their leaders dismissed an offer of talks from a president they say must quit for favouring ties with Russia over the European Union.
*LabCorp tumbles after outlook, Quest Diagnostics follows. NEW YORK, Dec 11- U.S. stocks posted their largest drop in a month on Wednesday as traders locked in recent gains after a provisional budget deal out of Washington removed one of the near-term reasons for the Fed to keep up its current pace of economic stimulus.
*U.S. to sell $13 billion 30- year bonds on Thursday. Treasury debt prices fell on Wednesday as the market built in a price concession for the Treasury's $13 billion 30- year bond auction on Thursday, the final leg of the three-part $64 billion sale of government debt this week.
NEW YORK, Dec 11- Stock markets worldwide slipped on Wednesday after a budget deal in Washington removed some of the fiscal uncertainty hanging over the U.S. economy, boosting expectations the Federal Reserve may soon start reducing its stimulus.
WASHINGTON, Dec 11- When U.S. financial regulators finalized the Volcker rule on Tuesday after more than three years of work, the Obama administration claimed a major victory in implementing the sweeping Wall Street overhaul that Congress approved in 2010..
NEW YORK, Dec 11- U.S. stocks fell on Wednesday in broad-based selling as traders locked in recent gains after a provisional budget deal out of Washington removed one of the near-term reasons for the Federal Reserve to continue its current pace of economic stimulus.
The U.S. budget deficit narrowed sharply in November from a year earlier, which could further reduce Washington's taste for austerity.
WASHINGTON, Dec 11- Russia proposed a series of bilateral trade negotiations with the United States in talks with senior U.S. officials, a senior Russian official said on Wednesday. He said Russia wanted to establish a trade agenda with Washington that could provide a framework for ironing out up to five separate deals.
NEW YORK, Dec 11- Stock markets worldwide slipped on Wednesday after a budget deal in Washington removed some of the fiscal uncertainty hanging over the economy, boosting expectations the Federal Reserve may soon start reducing stimulus.
WASHINGTON _ Labor Department releases weekly jobless claims, 8:30 a.m. Eastern. WASHINGTON _ Commerce Department releases retail sales data for November, 8:30 a.m.. WASHINGTON _ Commerce Department releases business inventories for October, 10 a.m..
WASHINGTON, Dec 11- Republicans in the U.S. House of Representatives on Wednesday were falling in line behind a two-year budget deal negotiated behind closed doors, indicating that the normally rambunctious group of lawmakers is not spoiling for a year-end fiscal fight.
*China 2013 corn output seen record high-CNGOIC. BEIJING, Dec 11- China has blocked the entry of another U.S. corn cargo, and three more may be turned away, after tests found a strain of unapproved genetically-modified corn.
*Costco shares drop after profit misses estimates. NEW YORK, Dec 11- U.S. stocks slid on Wednesday after legislators in Washington reached a provisional budget deal, which increased investor expectations that the U.S.
*Reverses earlier gains as Wall Street opens lower. LONDON, Dec 11- European shares eased in late trade on Wednesday, as increased certainty over U.S. government spending following a budget deal there was overshadowed by growing expectations that a scaling back of Federal Reserve stimulus is imminent.
*U.S. checking whether supplies seized by Islamic Front. ISTANBUL, Dec 11- The United States and Britain suspended non-lethal aid to northern Syria after Islamist fighters seized Western-backed rebel weapons warehouses, highlighting fears that supplies could end up in the wrong hands.
Prospects for passage of a new farm bill by the end of the year appear dim, although lawmakers insist they're close to a deal. The NYT reports.
NEW YORK, Dec 11- Stock markets worldwide slipped on Wednesday after the U.S. Congress announced a provisional budget deal, which heightened expectations of a stimulus reduction by the Federal Reserve.
Dec 11- A federal judge said General Motors Co is not required to pay $450 million to cover medical benefits for retirees, in a defeat for the United Auto Workers union.
*Gold rally fades after move to cover short positions. LONDON, Dec 11- Gold prices edged lower on Wednesday after a three-day rally driven by investors short-covering, as a tentative U.S. budget deal supported expectations for an earlier reduction in U.S. monetary stimulus.