Stocks Rise Ahead Of Reports On Slowing Economy
Wall Street edged higher as investors awaited data on consumer spending and retailer profits. The S&P 500 gained 0.3 percent to 4136.28, the Dow increased 0.1 percent to 33348.60, and the Nasdaq rose 0.7 percent to 12365.21. Traders weighed recession fears, debt risk, and banking stress while corporate results from Home Depot Target and Walmart loom. Separately a New York state factory survey fell sharply, underscoring weak manufacturing sentiment per analysts.
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TSA pilots facial recognition at airports spark privacy debate
The TSA tests facial recognition at 16 airports including Baltimore Reagan National and others to verify traveler identity without ID. Critics flag bias risks and privacy harm while officials emphasize opt out and ongoing officer sign off.
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Debt ceiling talks face key White House meeting today
House Speaker Kevin McCarthy says there is no progress in staff talks ahead of a presidential meeting as Treasury warns the X date could shift. Biden remains hopeful a deal can avert an unprecedented debt default while pressing for no preconditions and potential policy changes from lawmakers.
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