| | | NEW YORK (Reuters) - The Standard and Poor's 500 index surged more than 2.5 percent Wednesday, but any rally could be short-lived with workers facing smaller paychecks and expected volatility ahead of a debate on the U.S. debt ceiling debate, fund managers and analysts said. | | | | (Reuters) - Consumers continued to pay down debt in the third quarter of 2012, but slow job growth and the expiration of a tax cut could mean it will become more difficult to repay loans, the American Bankers Association said on Thursday. | | | | | | | WASHINGTON (Reuters) - Carry on, everyone. That's the first takeaway from the fiscal-cliff-averting tax deal struck literally in the eleventh hour on Tuesday. | | | | | | | WASHINGTON (Reuters) - Washington has steered clear of severe austerity measures for now, reducing the risk of recession, but a clutch of U.S. tax hikes will nevertheless be a drag on economic growth this year. | | | | | | | NEW YORK (Reuters) - DoubleLine Capital LP, the $53 billion firm run by star bond investor Jeffrey Gundlach, said on Wednesday it is now managing stock portfolios in a new division called DoubleLine Equity LP. | | | | | (James Saft is a Reuters columnist. The opinions expressed are his own.) | | | | | | | DUBAI (Reuters) - When U.S. banking giant Citigroup Inc moved one of its top bankers, Alberto Verme, to Dubai in 2008, it was a sign of international banks' ambitions to tap economic growth in the oil-rich region. | | | | | | | NEW YORK (Reuters) - U.S. stocks are poised for gains to begin the year after the late passage of a bill to avoid harsh tax hikes that would have hit most Americans and crimped economic growth. | | | | | | WASHINGTON (Reuters) - In the controversy surrounding the "fiscal cliff" issue, it's easy to forget that the origin of the entire debate was a professed desire to reduce swollen federal deficits. | | | | | | | WASHINGTON (Reuters) - Make resolutions if you must: When you vow to track every dollar and never waste money again, you feel all clean and shiny for at least a few hours into the new year. | | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | » MORE NEWSLETTERS | |
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