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Economic Club Of New York
Latest Economic Club Of New York Items
Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year.
Falling oil prices and a surprise announcement from Hewlett-Packard weighed on technology and energy stocks Tuesday.
Federal Reserve Chairman Ben S. Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that would send the government over a "fiscal cliff" in January and could trigger a recession next year.
Drawing a line on how far Republicans are willing to go in raising the nation's debt limit, House Speaker John A. Boehner said Monday that any increase must be accompanied by an even bigger cut in spending.