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Oil advanced from a two-week low in New York after President Barack Obama said leaders of both parties in the U.S. House and Senate approved a deal to raise the nation’s debt ceiling, stoking optimism over the economic recovery in the world’s biggest crude-consuming nation.
TOKYO, Aug 1 (Reuters) - The Nikkei average surged as much
as 2 percent on Monday, climbing back above 10,000 for the first
time in three days on short-covering and futures-led buying
after top U.S. lawmakers reached an agreement to reduce the
deficit and avoid a default.
HSBC said Sunday it will sell 195 retail bank branches, most located in upstate New York, to First Niagara Bank in a deal worth about $1 billion.
(Reuters) - U.S. lawmakers reached into the past to find a way to enforce future budget cuts called for in the deal to raise the nation's $14.3 trillion debt limit, but history shows these enforcement mechanisms do not always work.
Asian stocks rose the most in over two months after U.S. President Barack Obama said congressional leaders reached an agreement to raise the nation’s debt ceiling and cut the federal deficit, boosting the outlook for banks and exporters.
South Korea’s inflation accelerated to a four-month high in July and exports grew at a quicker pace, putting pressure on the central bank to raise interest rates.
Originally posted by pcrobotwolf
this is just outright thief on insider trading. They knew that the debt ceiling was going to be raised we all did. They are dealing their own cards they probably bet against the market during the talks then changed today. We need to start linking politicians with the companies they own or are heavily invested in. I have a feeling a lot of false or fake overseas companies made a killing. I have this strange feeling soon this stuff will get leaked