Posts Tagged ‘business’
AP-GfK Poll: Nearly half oppose tax hikes for rich (AP)
AP - Almost half the country opposes tax increases for the richest Americans, according to a poll suggesting that congressional Democrats are taking some risk by backing President Barack Obama's plan to boost levies on the wealthy. Visit link: AP-GfK Poll: Nearly half oppose tax hikes for rich (AP)
Geithner steps up China yuan policy criticism (Reuters)
Reuters - Treasury Secretary Timothy Geithner sharpened his criticism of China's exchange rate policies, saying the yuan was strengthening too slowly and that he will look for new ways to get Beijing to move faster. See more here: Geithner steps up China yuan policy criticism (Reuters)
More House Democrats call for tax cuts for all (AP)
AP - More Democrats joined Republicans on Wednesday in calling for the preservation of tax breaks for Americans of every income level, bolting this election season from President Barack Obama's plan to preserve cuts for families who earn less than $250,000 and let taxes rise for the wealthiest Americans. But Obama placed the blame for the stalled [...]
U.S. industry, lawmakers urge action on China’s yuan (Reuters)
Reuters - U.S. industry and senior Democrats ratcheted up pressure on Congress on Wednesday for a tough new trade law to punish China for what they see as an undervalued currency that threatens American jobs and profits. Read more here: U.S. industry, lawmakers urge action on China's yuan (Reuters)
U.S. industry, lawmakers urge action on China’s yuan (Reuters)
Reuters - U.S. industry and senior Democrats ratcheted up pressure on Congress on Wednesday for a tough new trade law to punish China for what they see as an undervalued currency that threatens American jobs and profits. See more here: U.S. industry, lawmakers urge action on China's yuan (Reuters)
Taxes must rise to fight budget deficit: Greenspan (Reuters)
Reuters - Taxes must rise while fiscal stimulus needs to be wound down in order to reduce the U.S. budget deficit and allow private investment to expand, said former Chairman of the Federal Reserve Alan Greenspan on Wednesday Read more from the original source: Taxes must rise to fight budget deficit: Greenspan (Reuters)
Stocks waffle after mixed news on manufacturing (AP)
AP - Stocks turned mixed Wednesday as a rally that drove the market sharply higher in September appeared to run out of gas. Read the rest here: Stocks waffle after mixed news on manufacturing (AP)
TS Karl headed to Mexico; Julia a Cat 4 hurricane (AP)
AP - A strengthening Tropical Storm Karl neared the Yucatan Peninsula on Wednesday, bearing down on the resort beaches of the Mayan Riviera. Follow this link: TS Karl headed to Mexico; Julia a Cat 4 hurricane (AP)
States cutting benefits for public-sector retirees (AP)
AP - State governments trying to balance their budgets have started rolling back pension benefits for public sector employees. Follow this link: States cutting benefits for public-sector retirees (AP)
Japan intervenes in forex market, 1st time in 6 years (Reuters)
Reuters - Japan has intervened in the currency market on Wednesday for the first time in six years, buying the dollar to stem a rise in the yen that is threatening a fragile economic recovery. See original here: Japan intervenes in forex market, 1st time in 6 years (Reuters)
