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Economic policy

Bank aid money arrives in Spain
The Spanish government said Wednesday that the €39.5 billion ($51.3 billion) in bailout funds approved by European authorities for the country's ...
Fed expected to revamp bond buying program
The Federal Reserve is wrapping up 2012 the way it began the year, searching for ways to help a U.S. economy that is still struggling with high ...
US economy could withstand brief fall off 'cliff'
It's the scenario that's been spooking employers and investors and slowing the U.S. economy: Congress and the White House fail to strike a budget deal ...
'Cliff' movement? Obama, Boehner trade proposals
In a test of divided government, President Barack Obama and House Speaker John Boehner sought an elusive compromise Tuesday to prevent ...
Fiscal cliff: Private bargaining, public wrangling
In a test of divided government, the White House and congressional Republicans bargained in secret and sparred in public Tuesday over a deal to ...
Stocks gain on budget talk optimism, Fed stimulus
Stocks are closing higher on Wall Street for the fifth day in a row as traders hoped for more progress in budget talks being held in Washington.
THE RESET: Debt limit looms as next fiscal cliff
We now know what's on the other side of that menacing year-end "fiscal cliff." Another cliff. While White House and Republican congressional leaders ...
As 'fiscal cliff' looms, voter angst is palpable
Five hundred miles from Washington, the lunch crowd at Robie's Country Store and Deli is filled with angst over America's elected leaders and their ...
GOP throws Obama's old deficit stands back at him
Some of the best Republican arguments against President Barack Obama's proposals to avoid a "fiscal cliff" come from the president himself, in ...
Boehner: Obama slow walking cliff talks
House Speaker John Boehner says President Barack Obama is slow-walking talks to avoid the fiscal cliff, and hasn't outlined spending cuts he's willing ...
US wholesalers boost stockpiles in October
U.S. wholesale businesses increased their stockpiles in October but their sales fell sharply, a mix sign for economic growth. The Commerce Department ...
US trade deficit grows to $42.2 billion in October
The U.S. trade deficit increased in October because exports fell by a larger margin than imports, a sign that slower global growth could weigh on the ...
Treasury sells remaining shares of AIG
The Treasury Department said Tuesday that it has sold all of its remaining shares of American International Group Inc., moving to wrap up the ...
Fed is expected to launch new bond buying program
With a nervous eye on the "fiscal cliff," the Federal Reserve is expected this week to announce a new bond-buying plan to support the U.S. economy.
US, EU considering world's biggest free trade pact
After years of battling each other on trade issues, U.S. and European officials are contemplating a dramatic change in direction: joining together in ...
Meeting delay a sign of cooling US-Vietnam ties
The U.S. and Vietnam, former enemies who share concerns about China's rise, are finding that one issue — human rights — is keeping them from becoming ...
Asia stocks wane as US budget talks drag on
Asian stock markets lost some of their bottle Tuesday as efforts by U.S. leaders to reach a budget deal before the year's end appeared deadlocked and ...
Solid evidence elusive in right-to-work debate
Gov. Rick Snyder says one reason he supports right-to-work legislation in Michigan is the economic boost a similar law has given Indiana, although ...
Government investigating makers of cellphone apps
The government is investigating whether software companies that make cellphone apps violated the privacy rights of children by quietly collecting ...
US Treasury announces final AIG stock sale
The U.S. government said Monday that it is selling its remaining shares of American International Group stock, moving to close the books on the ...
House Dems, GOP embrace cuts in defense spending
Substantial reductions in military spending should be part of any budget deal that President Barack Obama negotiates with Congress to avert the ...
Fiscal cliff stalemate spurs anxiety in states
A plunge over the federal "fiscal cliff" may sound like a terrifying risk for many state officials anxiously watching as Washington struggles to avert ...
Monti seeks to calm market concerns over Italy
Seeking to calm financial markets, Premier Mario Monti said Monday he will lead Italy until the next government takes power, insisting there will be ...