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Category Archives: Business
State Of The Union 2013 –
The 2013 State of the Union was delivered on February 12th, 2013 at 9 pm. The White House site provides the State of the Union Address and outlines for the economic plan. The State of the Union Address lasted slightly more … Continue reading
Posted in 2013, Administrative, Budget, Business, Congress, DC, Democrat, Economy, Energy, Environment, General, Healthcare, International, Politics, Presidential, Regulatory, Republican, Tax, Trade
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Consumer Confidence Falls –
Consumer confidence continued to fall as the nation gets closer to the deadline for the fiscal cliff. The twelve month outlook and expectations of consumers also fell sharply in recent surveys. Currently, Republicans and Democrats are far apart in negotiations relating to … Continue reading
Posted in Administrative, Budget, Business, Economy, General, Tax
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First Presidential Debate –
The first of three Presidential debates takes place tonight in Denver Colorado with Jim Lehrer as the moderator. Mitt Romney is looking for a strong performance in the debate which might improve poll numbers. Currently, polls indicate that Romney is … Continue reading
Posted in 2012, Administrative, Budget, Business, DC, Democrat, Economy, Election, General, Politics, Presidential, Republican
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Congressional Quarterly Roll Call –
CQ Roll Call has an Executive Briefing series that covers Banking & Finance, Defense, Energy, Transportation, and Technology. CQ Roll Call also offers legislative tracking and advocacy tools. CQ Weekly and CQ Today cover the legislative process as well as the House … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, DC, Democrat, Dodd-Frank, Economy, Election, Energy, Environment, General, Healthcare, Infrastructure, Politics, Presidential, Regulatory, Republican, Trade
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Greece Downgraded –
Fitch Ratings downgraded Greece one notch from B- to CCC. A lower grade would place Greece in default. The Greece downgrade was partially due to the risks associated with a possible exit from the European Union. Greek elections are expected to be held … Continue reading
Posted in Administrative, Budget, Business, Economy, Election, General, International
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S & P Cuts Spain Rating –
Standard & Poor’s cut the credit rating for Spain to BBB+ from A. The two notch downgrade came with a negative outlook and a cut to the gross domestic product growth forecast. Standard & Poor’s has a projected forecast of a 1.5% … Continue reading
Posted in Budget, Business, General, Regulatory
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Congress Passes Stopgap Transportation Bill –
Congress passed a stopgap 90 day bill that will provide funds for Federal highway projects. The measure passed the House on Thursday with 266 votes supporting the bill. The U.S. Senate passed the bill with a voice vote. The President … Continue reading
Posted in Administrative, Budget, Business, Democrat, General, Infrastructure, Regulatory, Republican
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Moody’s Cuts Greece Rating –
Moody’s lowered the credit rating for Greece to C from Ca. Moody’s indicated that the debt restructuring would provide investors with significantly less than their face value. Earlier in the week, Standard & Poor’s indicated that the restructuring plan for … Continue reading
Posted in Business, Economy, General, Infrastructure, International
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Congress Passes Payroll Tax Cut –
Congress passed a measure to extend the payroll tax cut for the remainder of 2012. The measure passed the House 293-132 and the Senate 60 -36. In the Senate, 14 Republicans voted for the measure and 5 Democrats and 1 Independent … Continue reading
Posted in Administrative, Budget, Business, Democrat, Economy, General, Politics, Republican, Tax
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Payroll Tax Floor Vote –
The House and Senate could vote on the payroll tax deal as early as Friday. Four Democratic Senators and all 13 House Representatives at the payroll tax conference signed the agreement. Republic Senators did not sign the agreement but that should not … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, Election, General, Politics, Presidential, Regulatory, Republican, Tax
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Republicans Propose Payroll Tax Cut Extension –
Republican leaders in the House are supporting the extension of the payroll tax cut without reductions in spending. This clears a major hurdle in negotiations to extend the payroll tax cut which applies to 160 million workers. The payroll tax … Continue reading
Posted in Administrative, Budget, Business, Democrat, Economy, General, Regulatory, Republican, Tax
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Trade Deficit Increases –
According to the Commerce Department, the U.S. trade deficit increased by 10.4% to 47.8 billion in November. The increase was larger than economists had expected and was the widest trade deficit since June. Petroleum products accounted for a significant amount of the increase in … Continue reading
Posted in Administrative, Budget, Business, Economy, General, Trade
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U.S. Factory Output & Jobs Improve –
The Institute of Supply Management’s factory index rose to 53.9 for the month of December. The increase marked the fastest that U.S. manufacturing has expanded in the last 6 months. The jobs report also showed gains for the month of December. … Continue reading
Posted in Administrative, Business, Economy, Federal Reserve, General, Infrastructure, Regulatory, Treasury
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Obama To Nominate Federal Reserve Governors –
Obama is set to nominate Jeremy Stein and Jerome Powell to the Federal Reserve Board of Governors. Jeremy Stein has worked as an advisor to the Treasury secretary during the Obama administration. Jerome Powell worked at the Treasury during the term … Continue reading
Posted in Administrative, Business, DC, Economy, Federal Reserve, General
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House Set To Approve Payroll Tax Cut –
House Republicans are set to approve a two month extension of the payroll tax cut. House Republican John Boehner has come to an agreement with Democratic Senator Harry Reid. The agreement would extend the tax cut for two months and begin … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, Election, General, Politics, Republican, Tax
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