Government and politics
What a government shutdown could mean for air travel
A lone traveler makes his way past a nearly deserted TSA security screening area at Orlando International Airport ahead of the arrival of Hurricane Milton, on October 9, 2024 in Orlando, Florida. Paul Hennessy | Anadolu | Getty Images A government shutdown is looming just as the peak holiday travel season gets underway. Lawmakers have […]
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How a government shutdown would (and wouldn’t) affect consumers days before Christmas
The US Capitol Christmas Tree is lit up ahead of the Christmas season on the West Lawn of the US Capitol Building in Washington DC., United States on December 3, 2024. Celal Gunes | Anadolu | Getty Images If the government shuts down days before Christmas, holiday travel could be hit but holiday shipping spared. […]
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Russian central bank surprises markets by holding key rate at 21%
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation and a recovery in the ruble. KIRILL Kudryavtsev | AFP | Getty Images Russia’s central bank on Friday unexpectedly left its key interest rates unchanged […]
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European markets set for lower open after US spending plan fails
European markets are set to open lower on Friday as investors monitor political turmoil in the U.S. and monetary policy decisions from various major economies. The FTSE 100 is slated to open 110 points lower at 8,088, according to data from IG, with Germany’s DAX to lose around 400 points to19,835, and the French CAC […]
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Trump endorses House GOP deal to avert government shutdown, suspend debt ceiling
WASHINGTON — President-elect Donald Trump endorsed a House Republican deal Thursday to fund the government for three months and avert a shutdown that would have begun late Friday night. “SUCCESS in Washington!” Trump posted Thursday afternoon, as negotiations ended in House Speaker Mike Johnson’s offices in the Capitol. “The newly agreed to American Relief Act […]
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How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill
U.S. President-elect Donald Trump smiles at the crowd during the National Guard Association of the United States’ 146th General Conference & Exhibition at Huntington Place Convention Center on Aug. 26, 2024 in Detroit, Michigan. Emily Elconin | Getty Images News | Getty Images The fate of President Joe Biden’s landmark climate legislation, the Inflation Reduction […]
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House Republicans race to find a Trump-backed path to avoid government shutdown
U.S. Speaker of the House Mike Johnson (R-LA), and U.S. Senate Majority Leader Chuck Schumer (D-NY) listen during a Hanukkah reception at the U.S. Capitol Building on December 17, 2024 in Washington, DC. Anna Moneymaker | Getty Images WASHINGTON — House Republican leaders are running out of time to avoid a partial government shutdown late […]
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Trump Georgia election case DA Fani Willis disqualified but indictment stands: appeals court
Fulton County District Attorney Fani Willis looks on during a hearing in the case of the State of Georgia v. Donald John Trump at the Fulton County Courthouse on March 1, 2024, in Atlanta, Georgia. Alex Slitz-Pool | Getty Images News | Getty Images A Georgia appeals court on Thursday disqualified Fulton County District Attorney […]
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House Ethics Committee secretly voted to release Matt Gaetz report
Rep. Matt Gaetz, R-Fla., talks with a staffer before the start of the House Armed Services Committee hearing on “An Update on Afghanistan in Washington on Wednesday, May 12, 2021. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The House Ethics Committee secretly voted to release a report on its investigation of sexual misconduct […]
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Congress to vote on new restrictions on U.S. investment in China
Newly-elected members of the U.S. Congress pose for a photo on the steps of the U.S. Capitol in Washington, U.S., November 15, 2024. Hannah Mckay | Reuters Congress is set to vote in the coming days on legislation restricting U.S. investments in China as part of a bill to fund government operations through mid-March, lawmakers said […]
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