Tag Archives: August 2nd

House to vote on debt ceiling increase later today

A political standoff in Washington which has held the world’s economy at ransom over the past week could possible be resolved at 6pm today as House Speaker John Boehner proposes his solution to raising the debt ceiling to the rest …

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Markets tumble on bad earnings and stalemate in DC talks

Weak earnings, poor economic data and a stalemate in debt ceiling talks all lead to the worst day seen on Wall Street for eight weeks.

The debt ceiling had the spotlight among investors as the August 2nd doomsday date approaches …

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A roller coaster day for Gold

Gold prices had a roller coaster day on wednesday as investors scratch their heads to try to make sense of what is going on at the capital over the raising of the country’s debt ceiling.

The doomsday date of August …

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