Posts

US Senate Okays Bill to Avert Fiscal Cliff

, ,
(Washington) - The U.S. Senate has approved legislation aimed at averting the "fiscal cliff" by stopping most tax hikes and across-the-board spending cuts that were due to begin with the new year. After months of agonizing over the crisis,…
World Shares Rise on US Budget Deal Hopes

World Shares Rise on US Budget Deal Hopes

,
(New York) - Global stocks have advanced to their highest levels since September on signs of compromise in U.S. talks to stop automatic tax hikes and spending cuts that could hurt the economy next year. With confidence rising that lawmakers…