Boehner Agrees on Extending Payroll-Tax Cuts

Boehner Agrees on Extending Payroll-Tax Cuts

By Dhwani Shah - Dec 23, 2011

U.S. House Speaker John Boehner gave up to the rising pressure from President Barack Obama and congressional Democrats for extending the payroll-tax cut.  Boehner declared that he

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Latest Debt Ceiling Plan Unsettles Democrats

Latest Debt Ceiling Plan Unsettles Democrats

By Vrushti Mawani - Jul 22, 2011

The deal that U.S President Barack Obama and Republican House speaker John Boehner seem to be closing in on has reportedly evoked harsh reactions from the Democratic Party in relat

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U.S Debt Ceiling Debate, Euro Woes Push Investors towards Gold

U.S Debt Ceiling Debate, Euro Woes Push Investors towards Gold

By Jay Raol - Jul 18, 2011

With the precious yellow metal touching a record $1600 an ounce earlier today, while some investors with large gold holdings are rejoicing, it could also be an indication of a mark

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Obama, Republicans Deadlocked over Debt Ceiling & Spending Cuts

Obama, Republicans Deadlocked over Debt Ceiling & Spending Cuts

By Jay Raol - Jul 11, 2011

Are we looking at a U.S Default Scenario ? With the August 2 deadline looming ahead, U.S President Barack Obama met with congressional leaders on Sunday night, with the agenda of a

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OPEC meeting to focus on output quotas and triple-digit oil prices

OPEC meeting to focus on output quotas and triple-digit oil prices

By Carrie Ann - Jun 06, 2011

The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face significant pressure towards increasing output, in a meetin

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Government shutdown averted; Obama warns, painful budget cuts ahead

Government shutdown averted; Obama warns, painful budget cuts ahead

By Jay Raol - Apr 10, 2011

With a last-minute deal struck late on Friday night between the Democrats and Republicans, the widespread chaos that would’ve resulted from the Government shutdown was averted. H

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What will the looming U.S Government shut-down mean in real-terms?

What will the looming U.S Government shut-down mean in real-terms?

By Jay Raol - Apr 08, 2011

While President of the United States, Barack Obama, continues to be hopeful about avoiding a government shut-down by lawmakers arriving at a last-minute deal today, he announced a

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