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The Gazette in Medina, Ohio

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Dec 02, 2022

Page

7

Senate approves rail funding bill amid warnings and delay

The Senate passed a bill binding rail companies and unions to a September settlement, averting a potential Dec. 9 strike. President Biden said he will sign once the measure reaches his desk, citing avoided job losses and economic damage.

Senate Washington Congress Joe Biden House Biden Labor Marty Walsh Transportation Pete Buttigieg Capitol Emmanuel Macron Amtrak

Markets Mix With Trump Organization Closing Arguments

Stocks mixed as banks and retailers led declines while bonds dipped and major indexes posted modest moves. Inflation fears eased after Powell signaled possible slowing rate hikes, even as prosecutors accused the Trump Organization of fraud in tax-avoidance perks.

Bank of America Costco Fed Jerome Powell New York Donald Trump Trump Manhattan Joshua Steinglass Allen Weisselberg Weisselberg Trump Organization Michael van der Veen

Supreme Court declines emergency bid to revive Biden loan plan

The Supreme Court on Thursday refused an emergency appeal to restart Biden's student loan forgiveness up to $20,000 for millions, keeping the current hold while agreeing to decide the plan's legality early next year. The court left the appeals court ruling in place and extended the repayment pause at least until June 30 next year, amid a conservative majority wary of expansive agency power. Wall Street ended mixed as inflation signals eased in October and traders awaited the jobs report and Fed guidance.

Washington Supreme Court Joe Biden High Court Biden Congress Donald Trump Education Department Centers For Disease Control and Prevention Wall Street Federal Reserve Fed

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