Obama, Republicans Wage Debt Ceiling War of Words

Jan. 15 (Bloomberg) -- Bloomberg's Peter Cook reports that President Barack Obama's comments on the debt ceiling have sparked a strong response from House Republicans who are against raising the debt ceiling without equal spending cuts. He speaks on Bloomberg Television's "In The Loop."
No Misconduct in Strange Australian Dollar Moves
05:27 - Australian regulators say they have found no apparent misconduct in sudden movements in the Australian dollar ahead of cash-rate decision from the RBA. Bloomberg’s Paul Allen reports on “First Up.” (Source: Bloomberg)
  • China HSBC Final PMI Seen at 49.4
  • Berlusconi May Sell AC Milan Stake
  • Record Inflows for Hong Kong Stock ETFs