Senate passes six month spending bill to avert shutdown
The Senate approved a six month continuing resolution by 54 to 46, sending it to President Trump to sign. Democrats criticized limited input and increased executive discretion, while some backed avoiding a shutdown and preserving government functions. The measure funds agencies through September, trims non defense spending by about 13 billion, lifts defense by about 6 billion, and represents a third short term extension for the fiscal year. The House previously passed it and adjourned, leaving lawmakers to choose passage or risk a lapse in funding.
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Washington
Senate
Donald Trump
Chuck Schumer
Schumer
House
Congress
White House
Patty Murray
Senate Appropriations Committee
Trump
Trump and
Musk
Doge
Department of Government Efficiency
Elon Musk
GOP
John Thune
R-S.d
Thune
Melanie Stansbury
New Mexico
Leesburg
Virginia
United States
U.S
University of Michigan
Joanne Hsu
Wall Street
Ulta Beauty
Paula Oyibo
Gold hits new highs as market turmoil spurs safe havens
Amid stock turmoil gold prices surge surpassing 3000 per troy ounce in futures with spot quotes near 2994. Analysts cite tariffs and inflation risk as drivers while central bank demand and uncertainty push buyers to safe haven assets. Debates continue over gold's effectiveness as inflation hedge and portfolio ballast.
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New York
U.S
Donald Trump
Apple
Cern
Gaza
Ukraine
Wall Street firms rally but weekly losses persist
U.S. stocks rallied on Friday led by the S&P 500, Dow, and Nasdaq after a volatile week. Investors weighed uncertainty from tariffs, government funding, and policy shifts while strong tech results and overseas gains supported the rebound.
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New York
U.S
Wall Street
Donald Trump
Trump
White House
Yung-Yu Ma
BMO Wealth Management
Senate
Nvidia
Apple
Europe
Asia
Hong Kong
Shanghai
China
National Financial Regulatory Administration
Treasury
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Hakeem Jeffries
Capitol
RBC Capital Markets
Joe Cavatoni
World Gold Council
Umar Teli
Activat
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