Computerworld-WASHINGTON-If Congress doesn't avert the fiscal impasse,automatic budget cuts could reduce federal IT spending by$66 billion in the fiscal year that began Oct.1,according to an analysis by the industry group CompTIA. As it ...
Tags: Congress, fiscal impasse, budget, WARN act
THE Australian sharemarket finished on a 16-month closing high as progress with the US fiscal cliff negotiations led to across the board gains for local stocks. At the close,the benchmark S&P/ASX200 index was up 21.8 points,or 0.48 per ...
THE Australian dollar was slightly higher following a general election in Japan and continuing concerns about budget negotiations in the United States. At 7am AEDT on Monday, the currency was trading at 105.48 US cents up from 105.44 ...
Tags: Australian, Japan Election, US Budget
AUSTRALIAN stocks are expected to start the last full trading week before Christmas on a cautious note amid ongoing negotiations over the looming US budget deadline. Futures trading was pointing to a weak start on the local market today, ...
Tags: Markets Struggle, Fiscal Cliff, US budget
BS reported that gold inched up on Monday as a drop in the US unemployment rate did little to dampen expectations that the Federal Reserve will maintain easy monetary policy when it meets later this week. Investors are watching ...
Tags: US, unemployment, monetary policy, job market
Reuters reported that London copper was steady and was set to close the week little changed as traders focused on the progress in US talks to avert a looming fiscal crisis while also waiting for a crucial jobs report from the world's ...
Tags: copper, China's industrial production figures, copper contract
Chile’s peso weakened as copper declined on concern US authorities have made little progress in talks to avoid automatic tax increases and spending cuts. The currency depreciated 0.1% to 481 per US dollar at the close in ...
Tags: copper market, Chilean peso, fiscal cliff
Reuters reported that London copper edged up bracing to finish the month higher on signs that a recovery in China's economic growth took root in November although worries over Europe and the United States kept gains constrained. Three ...
Tags: copper price, China's economic growth, world's economy
Reuters reported that London copper inched up after a prominent US lawmaker expressed confidence the world's top economy would avert a looming fiscal crisis but worries China's return to growth will be sluggish weighed on sentiment. ...
The results of the quarterly Manufacturers Alliance for Productivity and Innovation(MAPI)Survey on the Business Outlook indicate slowing growth for U.S.manufacturing over the next three to six months.But despite posting a 5 percentage point ...
Tags: MAPI, Business Outlook, U.S.manufacturing
All major segments of construction spending increased in October,bringing total spending to a 37-month high at an annualized rate of$872 billion,according to an analysis of new federal data released by the Associated General Contractors of ...
Tags: private nonresidential construction, employment, fiscal cliff, worker
However glass industry professionals ultimately voted in the presidential election, one reaction has been near unanimous: relief that the campaigning has come to a close. Mark Silverberg, president of Technoform North America Inc. in ...
Tags: experts, construction market, election
Reuters reported that Brent crude oil fell below USD 111 per barrel as a lack of progress in US budget talks to avert a fiscal crisis darkened the outlook for demand in the world's biggest oil consumer. Top US Republican lawmaker John ...
Tags: US fiscal, oil, oil consumer
Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...
Tags: copper, supply shortage, metal, mines extract, slowing growth
Concerns over the Fiscal Cliff are front and center when addressing concerns about the United States economy, and today's November Manufacturing Report on Business from the Institute for Supply Management (ISM) was further proof of that. ...
Tags: Fiscal Cliff, United States economy, Manufacturing Report, dipped