Erskine Bowles News
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Michael Mayo, an analyst at CLSA Ltd., raised his share-price estimate on Morgan Stanley to $36 after Chief Executive Officer James Gorman said the firm may reach his profitability target next year.
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Massachusetts’ newest Republican leader looks and sounds nothing like those in charge of the national party and has a resume full of partisan offenses.
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You may have noticed that those weeks of tedious Washington debate about “sequestration” are finally having an effect: The Federal Aviation Administration is furloughing its air-traffic controllers, causing delays at some of the nation’s busiest airports.
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Erskine Bowles and Alan Simpson, the deficit-reduction duo, are trying to rekindle congressional interest in a $2.5 trillion package of spending cuts and tax increases with new details showing how it could work.
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A U.S. budget agreement that includes debt reduction needs to be reached to revive economic growth, former Federal Reserve Chairman Alan Greenspan said.
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Republican Representative Charlie Bass was among only 38 U.S. House members who voted in March for a deficit-cutting measure based on a proposal by the leaders of President Barack Obama’s Simpson-Bowles commission.
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The leaders of President Barack Obama’s 2010 deficit commission offered a $2.4 trillion plan to reduce the debt as Congress approaches a March 1 deadline for averting across-the-board federal spending cuts.
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Wall Street executives who lost a bet that Republican Mitt Romney would defeat President Barack Obama are bracing for tougher regulation and hoping a deal can be struck with Congress to cut the deficit.
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One chilly afternoon last December, former Wyoming Senator Alan Simpson slipped out of a car and into the studio on New York’s West Side where Jon Stewart tapes “The Daily Show.”
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Facebook Inc., the world’s most popular social-networking service, named Erskine Bowles, a member of former President Bill Clinton’s administration, as a director, expanding the board to seven members.
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