World Week Ahead Heading for a cliff

Sun, 09 Dec 2012

By Margreet Dietz Dec. 10 (BusinessDesk) – As investors return to their screens in anticipation of the Federal Reserve’s final meeting of the year, time is running short on a budget deal in the US. On Friday, Wall Street received a boost from better-than-expected jobs data, which more than offset even more doom and gloom from House Republican leader John Boehner on the prospects of reaching a tax and spending accord. Employment in the US advanced by a better than expected 146,000 in November, the Labor Department said. The unemployment r...

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