fiscal cliff

Markets surge as fiscal cliff is averted

Thu 3 Jan 13 1

MARKET CLOSE Wall Street has had its biggest opening day of the year since 2009.

Fiscal Cliff update: House approves budget bill; Obama to sign

Wed 2 Jan 13 10

UPDATED 5PM The Republican-dominated House has voted in favour of the budget bill.

Fiscal Cliff talks head toward compromise solution

Tue 1 Jan 13 1

In major developments today, a deal is emerging to break the US budget impasse.

Wall Street banks on Fiscal Cliff deal

MARKET CLOSE US stocks surged, ending a five-day losing streak as hopes rose for a budget settlement.

Only hours left in countdown to Fiscal Cliff

Mon 31 Dec 12 6

UPDATED 10PM Talks in Washington ended on Sunday without any resolution to the US budget impasse.

Washington prepares for budget cuts

Mon 31 Dec 12 2

The slide over the fiscal cliff begins on January 2, with cuts of $US100 billion over the next nine months.

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