Senate fights to pass Trump's big tax and spending bill
Senate opens a day of amendments to the One Big Beautiful Bill Act amid warnings from GOP defectors over Medicaid cuts and health care changes. CBO projects 11.8 million uninsured by 2034 and a $3.3 trillion decade-deficit. Democrats push for changes while Republicans defend the package.
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Wall Street hits new all time highs on record month finished
The U S stock market extended its rally to a new record as the S P 500 rose 0 5 percent and the Dow gained 275 points while Nasdaq advanced 0 5 percent In relief news Canada scrapped a planned tax on U S technology firms and moved to renew talks with Washington boosting sentiment Oracle climbed 4 percent and other names like GMS Hewlett Packard Enterprise and Juniper Networks moved on merger and revenue signals The bond market saw yields fall ahead of key jobs data due Thursday with economists predicting 115 000 new jobs in June from May’s 139 000.
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Cisco Systems Inc
Coca-Cola Consolidated
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Darden Restaurants Inc
Diebold Nixdorf Inc
1YRAGO
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Emerson Electric Co
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Ford Motor Co
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Honeywell International
IBM
Intuit Inc
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Bacon to not seek reelection in Nebraska 2nd District
U S Rep Don Bacon a Nebraska Republican announced he will not run again next year citing family time and a belief a new Republican should lead. The 61 year old Air Force veteran elected in 2016 said he leverages a bipartisan approach amid a polarized climate and a swing district centered around Omaha. He will finish his term and remains on the Armed Services Committee.
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Tillis retirement sparks NC Senate replacement scramble
North Carolina Senator Thom Tillis abruptly retires triggering a GOP scramble for the seat as Trump signals endorsement will shape the primary. Potential rivals include former Governor Roy Cooper and Wiley Nickel among others, with Democrats eyeing a flip in a tight midterm landscape.
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