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Budget Battles

  • Fed’s QE3 Turns Safe Investments Into Losers

    By Suzanne McGee, The Fiscal Times

    It might be time to find a new term to replace “high yield bonds” as the polite version of junk bonds – fixed income securities issued by companies with below-investment grade credit ratings. These...

  • As Merkel Goes, So Goes the European Union

    By Patrick Smith

    The European Union is likely to take a step to finalize the Continent’s economic and financial recovery strategy. And make no mistake: We all have an interest in this phase of Europe’s protracted...

  • The Fed's Real Fear--Losing Its Independence

    By PEDRO NICOLACI DA COSTA, Reuters

    Increasing political encroachment on the Federal Reserve, particularly from the Republican Party, could threaten the central bank's hard-won independence and undermine confidence in the nearly 100-...

  • NY Subpoenas Private Equity Firms Over Tax Claims

    By GREG ROUMELIOTIS and KAREN FREIFELD, Reuters

    At least a dozen U.S. private equity firms have been subpoenaed by the New York state attorney general as part of a probe into whether a widely used tax strategy that saved these firms hundreds of...

  • Jim Rogers on the Coming Fiscal ‘Catastrophe’

    By Yuval Rosenberg

    As the U.S. heads for the fiscal cliff at the end of the year, the chairman of Rogers Holdings has been outspoken about the consequences of the country’s growing national debt.