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WASHINGTON, Oct 24- A new round of U.S. budget negotiations starting next week should focus more narrowly on replacing automatic spending cuts rather than attempt to reach an elusive "grand bargain," House Budget Committee Chairman Paul Ryan said on Thursday.
WASHINGTON, Oct 24- A new round of U.S. budget negotiations that starts next week should focus more narrowly on replacing automatic spending cuts rather than attempt to reach an elusive "grand bargain," House Budget Committee Chairman Paul Ryan said on Thursday.
Maryland Representative Chris Van Hollen, the ranking Democrat on the House Budget Committee, told the Reuters Washington Summit that he would be willing to consider some changes to big entitlement programs such as Medicare, the health insurance program for those 65 and older.
*Netflix turns lower, brings down Nasdaq. The Nasdaq pared some of its earlier gains as some of the year's biggest winners, including Netflix Inc, reversed course during trading to move lower. "The most volatile sector, in terms of risk and return, is going to be the technology sector," said Jon Smith, chief investment officer at DT Investment Partners.
*Netflix at record high on strong earnings, more subscribers. NEW YORK, Oct 22- U.S. stocks climbed on Tuesday, with the S&P 500 at a record intraday high, after weaker-than-expected job creation last month strengthened expectations the Federal Reserve will stimulate the economy into next year.
Oct 22- Harley-Davidson Inc reported higher quarterly earnings on Tuesday, lifted by the normal summer surge in motorcycle sales in its key North American market, but it kept its full-year forecast for global bike shipments unchanged.
Oct 22- Harley Davidson Inc reported higher quarterly earnings on Tuesday, lifted by the normal summer surge in motorcycle sales in its key North American market, but it kept its full-year forecast for global bike shipments unchanged.
House of Representatives is unlikely to act on the issue until at least early next year, which could complicate its chances of passing Congress.
WASHINGTON, Oct 21- Diverging high court rulings in New York and Illinois over' Amazon taxes' point to a possible U.S. Supreme Court case to settle questions about the legality of states taxing online retail sales, lawyers said on Monday.
NEW YORK, Oct 18- A U.S. data clog will begin to clear next week and payrolls figures will land just as more than one-quarter of S&P 500 companies report earnings. The S&P 500 closed Friday at 1,744.50, an all-time high, making it safe to say the bulls are in control on Wall Street.
MADISON, Wis./ NEW YORK, Oct 17- The Federal Reserve will likely defer any decision to trim its massive bond buys until at least December, two top Fed officials suggested on Thursday, although a third Fed policymaker made no bones about her view that she opposes any such delay.
WASHINGTON, Oct 17- Wisconsin next month will become the 14th U.S. state to begin collecting sales tax on online purchases through Amazon.com Inc, joining a trend toward squeezing more revenue from e-commerce.
WASHINGTON, Oct 16- Washington's last-minute deal to reopen the government and avert a default sets up the latest congressional committee to try to reach a budget compromise, but some lawmakers say the panel faces an extremely difficult task.
Oct 16- U.S. motorcycle maker Harley-Davidson Inc said on Wednesday it is voluntarily recalling more than 29,000 of its 2014 touring motorcycles because of a problem with their hydraulic clutch system. The recalls include a "Do Not Ride" notice to owners and a "Do Not Deliver" notice to Harley-Davidson dealers until the motorcycle is fixed.
WASHINGTON, Oct 16- U.S. Senate leaders struck a bipartisan 11th- hour deal to break the fiscal impasse on Wednesday, and the Republican-led House of Representatives agreed to take it up as Congress moved to avert a historic debt default. The timing of the House and Senate votes is unclear.
*Senate leaders said to be close to a deal. The top Democrat and Republican in the Senate were close to finishing a plan to raise the debt limit- and reopen the partially shuttered government- that could be considered by the full Senate later on Wednesday.
WASHINGTON, Oct 14- Farm subsidy reformers praised a vote by the U.S. House of Representatives to make the wealthiest growers pay more for federally subsidized crop insurance, the first eligibility limit on a program that costs $9 billion a year.
NEW YORK, Oct 11- Yields on Treasuries bills maturing in late November and December jumped on Friday, as investors worried that any deal to increase the U.S. debt ceiling would kick the risks of a default down the road.
*Obama invites Democrats, Republicans to White House to talk. NEW YORK, Oct 9- The Dow and S&P 500 rose on Wednesday as Republicans and Democrats in Congress showed early signs of a possible break in the impasse, and U.S. The Nasdaq, however, closed lower for a third day, pressured as investors sold this year's winning tech stocks including Netflix Inc and Fastenal Co..
WASHINGTON, Oct 9- With pressure rising and no clear path forward for breaking their fiscal impasse, President Barack Obama began inviting lawmakers to the White House on Wednesday for meetings to discuss the government shutdown and raising the debt limit.