Senate passes six month funding bill amid risk of shutdown
The Senate approved a six month continuing resolution by a 54 to 46 vote sending the measure to President Trump amid Democratic objections over limited input and spending discretion. The CR funds the government through September with roughly 13 billion in non defense cuts and 6 billion more for defense.
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GoldPrices Soar to New Heights Amid Trade War Turmoil
Gold prices surged to record levels as futures topped 3000 per troy ounce in a volatile week. Spot gold traded near 2994 while a weak stock market and tariff tensions spurred demand for a safe haven. Analysts warn of ongoing volatility and inflation risks.
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Stocks Rally On Best Day In Months
U S stock markets rebounded with the S&P 500 up 2.1 percent, the Dow rising 674 points and the Nasdaq up 2.6 percent. The rally follows a harsh slide toward a fourth consecutive weekly loss, amid tariff fears and political uncertainty over a possible government shutdown and Trump policy. University of Michigan sentiment fell for a third straight month, signaling consumer concerns despite a solid labor market.
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