US government

PCI On Getting More Mascular

The Property Casualty Insurers Association of America (PCI) is strengthening its adherance to its rules and policies.

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US March budget deficit increases to $108 billion

The US government faced a steady increase in March budget scarcity, leading to a higher deficit in the first half year period compared to the previous year period.

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Pfizer to end merger deal with Allergan as new rules frighten corporate inversions

Pfizer, a US-based drug company, is said to dismiss its merger deal with Allergan. The US drugmaker wants to quit from the $160 billion merger deal since Washington authorities set new rules, making corporate inversions harder.

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China Searches For Radiation Symptom over 500 NK Bordering Residents

Socialist democratic China historically backs socialist North Korea in latter’s economic and political missions. North Korea has announced successful testing of hydrogen bomb on Wednesday last. Long time friend China this time joins the US fearing regional destabilization through the neighbor’s dreadful nuke tests.

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TransCanada sued US government to reverse Keystone XL pipelines rejection

TransCanada Corp sues US government to reverse President Barack Obama’s decision to reject its Keystone XL pipeline. Canadian firm also seeks $15 billion in damages from the North American Free Trade Agreement.

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Taxpayers earned gains on GM bailout - outgoing CEO

Outgoing chief executive officer of General Motors Co Dan Akerson has said that US taxpayers actually netted a gain despite the US government losing $10.5 billion stemming from a bailout package it extended to the carmaker in 2009, according to an Associated Press report.

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Fed's Fisher calls out government

The president of the Federal Reserve Bank of Dallas has called out the US leadership on its continued gridlocks in a speech held in Sydney, Australia.

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Wal-Mart to unveil new manufacturing commitments for the US

The new manufacturing commitments for the US that would be announced by Wal-Mart and the US government were part of the retailer's USD50 billion investment pledge to the US economy.

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JPMorgan reaches tentative settlement agreement

A total of USD13 billion is to be paid out by JPMorgan under the tentative settlement agreement forged with US authorities related to mortgage backed securities.

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Crisis over US debt ceiling may result to another recession - analysis

An impending economic crisis could have happened to Americans should US Congress and the government had not arrived at a debt ceiling agreement.

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Fitch may downgrade US credit rating, but confident on a debt ceiling agreement

Global ratings agency Fitch ratings was confident that the US government would be able to fulfill its debt payments even if no agreement would be passed after October 17.

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Citigroup, State Street puts measures in place for potential US government debt default- report

A Wall Street Journal report said that Citigroup and State Street were already preparing for a possible debt default by the US government.

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Computer software decides on US prison paroles

15 US states had been using risk assessment software to decide on handing out paroles to prisoner candidates, said a Wall Street Journal report.

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Countries must pay attention to global economic security - report

According to a Reuters report, world leaders should not ignore issues surrounding global economic security.

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US shutdown near to being lifted as both sides negotiate over the weekend

Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.

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