Inside these posts: Government debt

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Obama approval rating rises as economy improves

President Barack Obama returning from his vacation in Hawaii with his family, Jan. 4, 2011. (Reuters/Jason Reed)

President Barack Obama is getting a bump in his approval ratings from an improving economy, but Americans want him to focus on reducing debt and spending, a Reuters/Ipsos poll showed on Wednesday.

The poll found reasons for optimism for Obama as he searches for areas of compromise with newly emboldened Republicans this year and lays the groundwork for his 2012 re-election bid.

Obama’s job approval rating went up to 50 percent from 45 percent in December, the first time Obama has achieved 50 percent approval in this poll since last June. Get the full story »

Illinois leads week’s debt issuers with $1.5 billion

From Bloomberg | Illinois and New York issuers will offer $4.7 billion of this week’s municipal debt with scheduled sales 52 percent higher than the same week last year, as local governments seek to place deals before the end of 2010.

Fed set to launch fresh round of bond purchases

The U.S. Federal Reserve opens a two-day meeting on Tuesday that is expected to conclude with a decision to pump hundreds of billions of dollars into the economy to stir the tepid recovery out of its doldrums. Get the full story »

Fed official at ready to take up deflation fight

A Federal Reserve official says the central bank should revive a crisis-era program to buy government debt if the country seems headed toward a bout with deflation. Get the full story »