United States public debt http://www.globalpost.com/taxonomy/term/23075/all en GLOBAL MARKETS-Share rally stalls as more U.S. budget battles loom http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-share-rally-stalls-more-us-budget-battles-loom <p>* World shares ease back from 18-month highs</p> <p>* Brent oil falls to $112 a barrel</p> <p>* Dollar index hits three-week high</p> <p>* Euro dips 0.3 pct to $1.3150</p> <p>By Richard Hubbard</p> <p>LONDON, Jan 3 (Reuters) - A global share market rally petered out on Thursday as investors focused on U.S. political battles ahead over spending cuts, halting the gains that followed a deal to avoid sharp tax hikes.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-share-rally-stalls-more-us-budget-battles-loom" target="_blank">read more</a></p> Business Economic disasters Economic history Economics Economy of the United States Government oil Person Career Quotation Recessions United States federal budget United States public debt USD World oil market chronology from Thomson Reuters Thu, 03 Jan 2013 16:00:19 +0000 5730983 at http://www.globalpost.com GLOBAL MARKETS-U.S. bonds, world shares fall after Fed minutes http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-us-bonds-world-shares-fall-after-fed-minutes <p>* World shares slip as Fed hints at tighter policy * 10-yr Treasury yields hit highest since May * Dollar index extends rally By Rodrigo Campos NEW YORK, Jan 3 (Reuters) - U.S. Treasury debt prices slid and world stocks reversed course and dipped on Thursday after minutes from the latest meeting of the Federal Reserve's policy committee showed rising concern about the Fed's policy of buying bonds to stimulate growth. The Federal Open Market Committee's minutes also extended a rally in the U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-us-bonds-world-shares-fall-after-fed-minutes" target="_blank">read more</a></p> Business Company Location Dow Jones Industrial Average Economic history Economics Economy of the United States Emergency Economic Stabilization Act Federal Reserve System Government Labor Late-2000s financial crisis Law Person Career Person Location Quotation Subprime crisis impact timeline United States United States public debt US Federal Reserve Thomson Reuters Fri, 04 Jan 2013 04:15:23 +0000 5731095 at http://www.globalpost.com Budget battles threaten to limit Obama's second-term agenda http://www.globalpost.com/dispatch/news/thomson-reuters/130104/budget-battles-threaten-limit-obamas-second-term-agenda <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <p>* Fiscal fights may consume Washington, elbow out all else</p> <p>* Obama vows to push ahead with broader agenda</p> <p>* 'A high level of dysfunction' makes legislative wins hard</p> <p>By John Whitesides</p> <p>WASHINGTON, Jan 4 (Reuters) - After a brutal "fiscal cliff" battle, President Barack Obama's looming budget confrontation with Congress threatens to sharply curtail his second-term agenda and limit his ambitions on priorities such as immigration reform and gun control.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130104/budget-battles-threaten-limit-obamas-second-term-agenda" target="_blank">read more</a></p> Barack Obama Barack Obama Barack Obama foreign policy Business Candidate Position Democratic Party Economic policy of Barack Obama Economy of the United States Entertainment Environment Government Health Joe Biden Labor Person Career Politics Presidency of Barack Obama Quotation Social Issues United States United States public debt Thomson Reuters Fri, 04 Jan 2013 19:31:20 +0000 5731175 at http://www.globalpost.com GLOBAL MARKETS-Alcoa results lifts shares; dollar up vs yen http://www.globalpost.com/dispatch/news/thomson-reuters/130109/global-markets-alcoa-results-lifts-shares-dollar-vs-yen <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* World shares rise as Alcoa points to rising global demand</p> <p>* Dollar gains versus yen on expectations of BOJ easing</p> <p>* Brent crude stays below $112 per barrel</p> <p>By Ryan Vlastelica</p> <p>NEW YORK Jan 9 (Reuters) - Global equities climbed on Wednesday after aluminum maker Alcoa opened the U.S. earnings season with a brighter outlook for global demand, while the dollar rose against the yen on expectations of more easing from the Bank of Japan this month.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130109/global-markets-alcoa-results-lifts-shares-dollar-vs-yen" target="_blank">read more</a></p> Economics Economy of the United States Politics United States public debt Thomson Reuters Wed, 09 Jan 2013 19:30:39 +0000 5732299 at http://www.globalpost.com Platinum coin idea has little currency at White House http://www.globalpost.com/dispatch/news/thomson-reuters/130109/platinum-coin-idea-has-little-currency-at-white-house <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Mark Felsenthal</p> <p>WASHINGTON, Jan 9 (Reuters) - The White House on Wednesday sees little profit in the notion of minting $1 trillion platinum coin as an escape hatch to avoid a debt default if Congress balks at raising the U.S. debt limit.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130109/platinum-coin-idea-has-little-currency-at-white-house" target="_blank">read more</a></p> Business Disaster Economy of the United States Entertainment Environment Fiscal policy Health Politics Technology United States public debt White House Thomson Reuters Wed, 09 Jan 2013 23:00:16 +0000 5732394 at http://www.globalpost.com White House strikes back on Death Star petition http://www.globalpost.com/dispatch/news/thomson-reuters/130112/white-house-strikes-back-death-star-petition <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Roberta Rampton</p> <p>WASHINGTON, Jan 12 (Reuters) - The Obama administration dashed the hopes of Star Wars geeks across the galaxy by rejecting an official petition calling for the U.S. government to build a Death Star, the fictional planet-destroying space station featured in the Star Wars movies.</p> <p>"The Administration shares your desire for job creation and a strong national defense, but a Death Star isn't on the horizon," said Paul Shawcross, head of the White House budget office's science and space branch.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130112/white-house-strikes-back-death-star-petition" target="_blank">read more</a></p> Business Entertainment Environment Health Petition Politics Technology United States public debt Thomson Reuters Sat, 12 Jan 2013 07:15:20 +0000 5733516 at http://www.globalpost.com Obama says refusal to lift debt ceiling would hurt economy http://www.globalpost.com/dispatch/news/thomson-reuters/130114/obama-says-refusal-lift-debt-ceiling-would-hurt-economy <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON, Jan 14 (Reuters) - President Barack Obama warned Congress on Monday that a refusal to raise the U.S. debt ceiling next month would trigger economic chaos.</p> <p>Obama, at a news conference, said the U.S. economy was poised for a good year as long as Washington politics did not interfere.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130114/obama-says-refusal-lift-debt-ceiling-would-hurt-economy" target="_blank">read more</a></p> Barack Obama Business Economy of the United States United States United States public debt Thomson Reuters Mon, 14 Jan 2013 17:00:11 +0000 5734247 at http://www.globalpost.com CORRECTED-Bernanke urges Congress to raise U.S. debt ceiling http://www.globalpost.com/dispatch/news/thomson-reuters/130114/corrected-bernanke-urges-congress-raise-us-debt-ceiling <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Corrects quote in third paragraph to say "to raise the debt ceiling" instead of "to avoid the debt ceiling")</p> <p>ANN ARBOR, Mich., Jan 14 (Reuters) - Federal Reserve Chairman Ben Bernanke on Monday urged U.S. lawmakers to raise the country's debt ceiling to avoid a potentially disastrous default on its debt.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130114/corrected-bernanke-urges-congress-raise-us-debt-ceiling" target="_blank">read more</a></p> Business Economics Economy of the United States United States public debt Thomson Reuters Mon, 14 Jan 2013 21:45:04 +0000 5734400 at http://www.globalpost.com US STOCKS-Wall St knocked lower by debt limit worries, Apple http://www.globalpost.com/dispatch/news/thomson-reuters/130115/us-stocks-wall-st-knocked-lower-debt-limit-worries-apple <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Debt ceiling debate, earnings worries hurt sentiment</p> <p>* Apple weighs on Nasdaq, down for 3rd session in a row</p> <p>* December retail sales suggest stronger consumer spending</p> <p>* Indexes down: Dow 0.2 pct, S&amp;P 0.3 pct, Nasdaq 0.6 pct</p> <p>By Leah Schnurr</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130115/us-stocks-wall-st-knocked-lower-debt-limit-worries-apple" target="_blank">read more</a></p> Business Economy of the United States Stock market crashes United States public debt Thomson Reuters Tue, 15 Jan 2013 16:00:56 +0000 5734794 at http://www.globalpost.com GLOBAL MARKETS-Shares slip, bonds gain on US debt ceiling fears http://www.globalpost.com/dispatch/news/thomson-reuters/130115/global-markets-shares-slip-bonds-gain-us-debt-ceiling-fears-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* U.S. debt ceiling gridlock weighs on sentiment</p> <p>* MSCI world index falls from near 18-month highs</p> <p>* Yen up after minister warns on excessive weakness</p> <p>By Herbert Lash</p> <p>NEW YORK, Jan 15 (Reuters) - World equity markets slid and safe-haven U.S. Treasury debt rose on Tuesday as a looming battle in Washington over the government's borrowing limit and a recovery in the yen eased demand for riskier assets.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130115/global-markets-shares-slip-bonds-gain-us-debt-ceiling-fears-0" target="_blank">read more</a></p> Business Economics Economy of the United States United States public debt Thomson Reuters Tue, 15 Jan 2013 16:45:15 +0000 5734820 at http://www.globalpost.com Britain's FTSE tests support before edging higher http://www.globalpost.com/dispatch/news/thomson-reuters/130115/britains-ftse-tests-support-edging-higher <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* FTSE 100 index gains 0.2 percent</p> <p>* Index recovers after dipping twice below the 6,100 level</p> <p>* Burberry leads gainers after strong revenue growth</p> <p>* Miners reverse early gains; Anglo sees renewed SA unrest</p> <p>By Alistair Smout</p> <p>LONDON, Jan 15 (Reuters) - British blue-chip stocks edged up on Tuesday after a choppy day as the index managed to consolidate above 6,100 despite testing support with concerns weighing over the U.S. debt ceiling and growth in Europe.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130115/britains-ftse-tests-support-edging-higher" target="_blank">read more</a></p> Economy of the United States Entertainment P/E ratio United States public debt Thomson Reuters Tue, 15 Jan 2013 18:00:36 +0000 5734859 at http://www.globalpost.com GLOBAL MARKETS-Shares slip, bonds gain on US debt ceiling fears http://www.globalpost.com/dispatch/news/thomson-reuters/130115/global-markets-shares-slip-bonds-gain-us-debt-ceiling-fears-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* U.S. debt ceiling gridlock weighs on sentiment</p> <p>* MSCI world index falls from near 18-month highs</p> <p>* Yen up after minister warns on excessive weakness</p> <p>By Herbert Lash</p> <p>NEW YORK, Jan 15 (Reuters) - World equity markets slid and safe-haven U.S. Treasury debt rose on Tuesday as a looming battle in Washington over the government's borrowing limit and a recovery in the yen weakened demand for riskier assets.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130115/global-markets-shares-slip-bonds-gain-us-debt-ceiling-fears-1" target="_blank">read more</a></p> Business Economics Economy of the United States United States public debt Thomson Reuters Tue, 15 Jan 2013 18:00:44 +0000 5734861 at http://www.globalpost.com GLOBAL MARKETS-Shares slip, bonds gain on US debt ceiling fears http://www.globalpost.com/dispatch/news/thomson-reuters/130115/global-markets-shares-slip-bonds-gain-us-debt-ceiling-fears-2 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* U.S. debt ceiling gridlock weighs on sentiment</p> <p>* MSCI world index falls from near 18-month highs</p> <p>* Yen up after minister warns on excessive weakness</p> <p>By Herbert Lash</p> <p>NEW YORK, Jan 15 (Reuters) - World equity markets slipped and safe-haven U.S. Treasury debt rose on Tuesday as a looming battle in Washington over the government's borrowing limit and a recovery in the yen weakened demand for riskier assets.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130115/global-markets-shares-slip-bonds-gain-us-debt-ceiling-fears-2" target="_blank">read more</a></p> Bond Business Economy of the United States United States public debt Thomson Reuters Tue, 15 Jan 2013 20:15:15 +0000 5734999 at http://www.globalpost.com UPDATE 1-Republicans seek 3-month debt limit increase, Senate budget http://www.globalpost.com/dispatch/news/thomson-reuters/130118/update-1-republicans-seek-3-month-debt-limit-increase-senate-bu <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Republican leaders tell lawmakers "no budget, no pay"</p> <p>* More borrowing power needed sometime mid-Feb to early March</p> <p>WILLIAMSBURG, Va., Jan 18 (Reuters) - U.S. House Republican leaders on Friday said they would seek to pass a three-month extension of federal borrowing authority next week to buy time - on pain of losing their own paychecks - for the Democratic-controlled Senate to pass a budget plan that shrinks budget deficits.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130118/update-1-republicans-seek-3-month-debt-limit-increase-senate-bu" target="_blank">read more</a></p> Business Economy of the United States United States House of Representatives United States public debt Thomson Reuters Fri, 18 Jan 2013 19:00:32 +0000 5736319 at http://www.globalpost.com UPDATE 1-White House encouraged at House plans for clean debt cap rise http://www.globalpost.com/dispatch/news/thomson-reuters/130118/update-1-white-house-encouraged-at-house-plans-clean-debt-cap-r <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON, Jan 18 (Reuters) - The White House on Friday said it welcomed plans by Republicans in the U.S. House of Representatives to raise the government's debt ceiling, as long as they do not condition the increase on spending cuts.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130118/update-1-white-house-encouraged-at-house-plans-clean-debt-cap-r" target="_blank">read more</a></p> Business Economic policy Economy of the United States Entertainment Environment Health Politics Social Issues United States public debt Thomson Reuters Fri, 18 Jan 2013 20:30:59 +0000 5736382 at http://www.globalpost.com