- Bipartisan budget deal gives Wall Street the willies
Good news like a recently announced budget deal is bad news since it jeopardizes the one factor that's been driving stocks higher: the Federal Reserve's bond-buying stimulus. Plus: Taper worries sink stocks.
- New estimate says budget deal raises deficit $41B
- Cramer: What's really driving the oil market?
- Oil falls on huge buildup in gasoline supplies
- Judge lets GM off hook for $450M in retiree benefits
- Hilton IPO to test demand for hotel stocks
- Microsoft says Xbox One global sales top 2 million
- Canadian postal service to end home delivery
- Frito-Lay could heal PepsiCo's beverage wounds
- Dollar General quietly opening full grocery stores
- Weinsteins sue Warner Bros. over 'Hobbit' profits
- 7 tax moves investors should make before 2014
- Looking ahead: 10 best stocks under $20 for 2014
Lots of people have horror stories about the tactics used by private lending companies. Here are some ways they make an already contentious issue even more so.
- Wall St. falls as budget deal sets off Fed taper worry12:59 PM ET | Reuters
- JPMorgan's Dimon upbeat about budget deal, economy1:48 PM ET | Reuters
- Israel's Fischer picked to be next Fed vice chair: source3:51 PM ET | Reuters
- Analysis: With heavy lifting done, GM's focus turns to cars, fixing Europe3:26 PM ET | Reuters
- Key witness against SAC's Steinberg finishes testimony2:23 PM ET | Reuters
- RBS to pay $100 million in U.S. sanctions probe3:00 PM ET | Reuters
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Do you think the Fed will end its stimulus program in 2014?
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- 73 %Yes. It has to end eventually.
- No. The markets are still addicted to it.
MORE MARKET NEWS
- Jan crude oil slipped further into negative territory today on higher-than-anticipated builds in gasoline and distillate inventories.
- Although the EIA reported that crude oil inventories had a draw of 10.6 mln barrels when consensus called for a draw of 2.7-3.0 mln, gasoline stockpiles rose 6.7 mln vs expectations for a build of 1.7-2.0 mln barrels. Distillate inventories rose 4.5 mln barrels when consensus called for a smaller build of 1.5-1.6 mln.
- The ... More
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