White House eyes significant debt deal as talks stall
President Obama and Senate leaders converge on a possible deficit deal while deep partisan splits persist. White House officials insist any agreement must include tax increases alongside spending cuts, opposed by Republicans who warn against further tax hikes and vow to resist raising the debt limit.
MENTIONED IN THIS ARTICLE
White House
Washington
Barack Obama
Joe Biden
Senate
Harry Reid
Mitch McConnell
Kentucky
Jay Carney
Obama
Carney
Congress
McConnell
Bill Daley
Biden
Reid
U.S
Mark Zandi
Moody’s Analytics
Zandi
Grain futures slip on CBOT with mixed corn soybeans
Chicago grain futures opened lower with wheat for September down 9.50 cents to 6.5150 a bushel, December corn down 4.75 cents to 6.2725, oats steady at 3.48, and November soybeans down 6.25 cents to 13.03 a bushel as trading began.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Associated Press
Stockyards Peoria Hog and Cattle Prices
Hogs trading moderately active with barrows and gilts steady. 1-2 230-260 lb 65.50-66.00, 2-3 260-280 lb 64.00-65.50. Sows steady with 300-400 lb 46.00, 400-500 lb 46.00, 500-700 lb 49.00. Cattle traded 94.50-111.00. Slaughter steers/heifers 1,000-1,350 lb 107.50-111.00, 1,000-1,250 lb 98.00-107.50, 1,000-1,150 lb 94.50-98.00. Cows 40.00-55.00, some 60.00, thin cows 23.00-28.00.
MENTIONED IN THIS ARTICLE
The
Associated Press
NYSE Most Active Stocks Close Mixed on Monday
NYSE list shows Amr AmEx Exxon Mobil and Ford among movers with mixed closes. Big names like Accenture AMD Altria and AmGen posted fractional gains or losses as trading ended, with several issues hovering around key support levels and near prior close figures.
Economists Predict Modest Second Half 2011 Growth
Economists foresee a modest improvement in the second half of 2011 as headwinds from high oil prices and Japan quake disruptions fade. AP survey projects 3.2 percent growth in Q3 and unemployment easing to about 8.7 percent by year end, with relief from lower gas prices and a rebound in auto production.
MENTIONED IN THIS ARTICLE
Washington
Japan
Mark Zandi
Moody’s Analytics
Associated Press
U.S
Jennifer Lee
BMO Capital Markets
AAA
Robert DiClemente
Citigroup
Diane Swank
Mesirow Financial
Reserve Bank of Chicago
Midwest
South
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John Boehner
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Eric Cantor
Virginia
America
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AmExp
AmindlGrp
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Bor
Beosantsa
BkofAm
Bknymel
Drscbrrs
DirFnBrrs
DixFnBull
Dirxscbull
Discover
Disney
DowChm
DuPont
Emccp
Ekodak
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ExcoRes
ExxonMbl
Fordm
FMCGS
FrontierCm
Genelec
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SenOnen
Gerdau
Goldman
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Hewlett P
HomeDp
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Microsoft
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Ryerson T
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BestBuy
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Continuere
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Delta Air
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