S&P US warning—Late & welcome: James Saft

Standard & Poor's decision to put the US on warning that it may lose its AAA debt rating is both deliciously absurd and genuinely earthshaking.

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Cartoon of the week

Uncle Sam's balancing act.

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Bernanke may sustain stimulus to avoid ‘Cold Turkey’ end to aid

Federal Reserve chairman Ben Bernanke may keep reinvesting maturing debt into Treasuries to maintain record stimulus even after making good on a pledge to complete $600 billion in bond purchases by the end of June.

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