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Wall Street edges lower as "fiscal cliff" debate drags

 
 



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Business Forum Wall Street edges lower as "fiscal cliff" debate drags at News Forum - NEW YORK - Stocks dipped on Friday as President Barack Obama and top Republicans remained at odds about how to ...

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Old 11-30-2012, 03:55 PM   #1
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Default Wall Street edges lower as "fiscal cliff" debate drags

NEW YORK - Stocks dipped on Friday as President Barack Obama and top Republicans remained at odds about how to avert a series of tax hikes and spending cuts next year that could push the economy into recession. Trading has been choppy as investors react to a barrage of mixed statements from policymakers on the state of discussions about how to avoid going over the "fiscal cliff." Obama accused a "handful of Republicans" in the U.S. House of Representatives of holding up legislation to extend tax cuts for middle-class Americans in order to try to preserve them for the wealthy. ...




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