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Higher Treasury interest rates may darken U.S. deficit outlook
ReutersBy David Lawder WASHINGTON, June 19 (Reuters) - If U.S. bond yields continue their surprisingly steep climb in coming months and years, the shine will come off a recently brightened budget outlook as interest costs mount. The yield on the 10-year U.S....Tags: Credit Ratings, U.S. Congress, Ben Bernanke, Federal Reserve, Budgets and Budgeting
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Immigration bill negotiators see Senate breakthrough
ReutersWASHINGTON (Reuters) - Prospects for U.S. Senate passage of an immigration bill with strong bipartisan support brightened on Wednesday when a group of Republican and Democratic negotiators reached a tentative deal on ways to shore up border security,...Tags: Elections, Jeff Flake, U.S. Congress, Bob Corker, Republican Party
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Backers of U.S. immigration reform embrace upbeat economic assessment
ReutersBy Thomas Ferraro and Richard Cowan WASHINGTON, June 19 (Reuters) - Backers of a landmark immigration bill voiced confidence on Wednesday that it will pass the U.S. Senate as early as next week, propelled by new evidence that the sweeping legislation...Tags: Elections, U.S. Congress, Republican Party, John Boehner, Chuck Grassley
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DoubleLine's Gundlach says Fed to cut bond-buying later in year: CNBC
ReutersNEW YORK (Reuters) - Jeffrey Gundlach, head of DoubleLine Capital LP, said Wednesday that the U.S. Federal Reserve is likely to reduce its bond purchases later this year and touted long-term Treasuries as a strong investment. "I think that the Fed is...Tags: Satellite and Cable Service, Financial Markets, Credit Ratings, U.S. Congress, Central Bank
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Senate immigration bill could slash federal deficit, report says
A Senate bill meant to offer a pathway to citizenship for the estimated 11 million people in the U.S. who entered illegally or stayed on expired visas could trim the deficit by about $175 billion over the next 10 years, according to a federal report....
Tags: Congressional Budget Office, Immigration Reform Legislation (2013), Immigration
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Turkey's economy is vulnerable
ReutersLONDON, June 17 (Reuters Breakingviews) - Tayyip Erdogan seems to like the concept of "choking" things. At the weekend, Turkey's prime minister sent riot police into an Istanbul park with tear gas and water cannons to clear out the protesters. A week...Tags: Economic Indicator, Political Dissent, Central Bank, Morgan Stanley Dean Witter & Company, Federal Reserve
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Japan's exports pick up pace, give economy momentum
ReutersTOKYO (Reuters) - Japan's exports rose in May at the fastest annual rate in more than two years with the help of a weak yen and a moderate pick-up in global demand, boding well for the government's efforts to steer the economy through market turbulence....Tags: Foreign Exchange Market, Exports, China, Trade Balance, Japan
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Senate immigration bill to aid economy, budget office says
ReutersWASHINGTON (Reuters) - A White House-backed bill to overhaul the U.S. immigration system got a boost on Tuesday when the non-partisan Congressional Budget Office concluded that the measure would cut federal budget deficits and boost the U.S. economy. The...Tags: Elections, U.S. Congress, John Hoeven, White House, Republican Party
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Japan May exports rise 10.1 pct year/year - MOF
ReutersTOKYO, June 19 (Reuters) - Japanese exports rose 10.1 percent in May from a year earlier, up for a third straight month, Ministry of Finance data showed on Wednesday, in a sign that a weaker yen and a moderate pickup in global demand are supporting a...Tags: Trade Balance, Japan, Weather Reports
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Senate immigration bill would boost economy, CBO says
ReutersWASHINGTON (Reuters) - A White House-backed immigration bill moving through the U.S. Senate would cut federal budget deficits over the long term and provide an overall boost to the economy, the Congressional Budget Office said on Tuesday. The CBO, the...Tags: Heritage Foundation, Government Health Care, Marco Rubio, U.S. Congress, Republican Party
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TEXT-G8 summit communique section on global economy
ReutersENNISKILLEN, Northern Ireland, June 18 (Reuters) - Following is the section of a communique agreed by the leaders of the G8 powers at a two-day summit on the global economy. -- Promoting growth and jobs is our top priority. We agreed to nurture the...Tags: Unemployment, Economic Policy, Central Bank, Japan, G8
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Congress must act now to control our nation's debt
As two people who have been long-time friends, and who served in Congress as members of different political parties, we understand that compromise is not easy. But it is necessary, and it often produces the most thoughtful solutions to some of the...Tags: Budget Control Act of 2011, Government Health Care, U.S. Congress, Republican Party, White House
Jun 19, 2013
|Story| Reuters
Jun 19, 2013
|Story| Reuters
Jun 19, 2013
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Jun 19, 2013
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Jun 19, 2013
|Story| Los Angeles Times
Jun 19, 2013
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Jun 19, 2013
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Jun 18, 2013
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Jun 18, 2013
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Jun 18, 2013
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Jun 18, 2013
|Story| Reuters
Jun 18, 2013
|Story| Orlando Sentinel
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