While you were sleeping Bullish on US debt talks

Mon, 14 Oct 2013

By Margreet Dietz Oct. 15 (BusinessDesk) - Optimism that US lawmakers might be nearer to breaking their impasse over increasing the debt ceiling and re-opening the federal government is lifting investor sentiment. The top-ranking Democrat in the Senate has reportedly put a new proposal to his Republican counterpart and the two will meet with President Barack Obama on Monday afternoon in Washington to see if there’s a consensus. "My hope is that a spirit of cooperation will move us forward in the next few hours," Obama told reporters after v...

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