Debt limit crisis stalls as votes eyed ahead of deadline
House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer plan votes on a bipartisan debt limit deal in the coming days. Negotiators may reach an agreement in principle this weekend, with House passage needed by next week before a potential June 1 default risk and market reactions.
MENTIONED IN THIS ARTICLE
House
Kevin McCarthy
Senate
Chuck Schumer
U.S
McCarthy
California
Capitol
Joe Biden
Schumer
New York Democrat
Washington
Treasury
Texas
Kay Granger
House Appropriations Committee
Maryland
Steny Hoyer
Fed Officials Split Over Next Move On Inflation
Washington reports Fed officials remain divided about pausing or continuing rate hikes as inflation stays stubbornly high. Dallas Fed chief Logan says data do not yet justify a pause, while Atlanta Fed President Bostic argues to hold rates high to subdue inflation despite recession risks. Powell keynote may clarify policy path.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Central Bank
Lorie Logan
Federal Reserve Bank of Dallas
Logan
Texas Bankers Association
Kathy Bostlancic
Nationwide
Jerome Powell
Raphael Bostic
Federal Reserve Bank of Atlanta
Bostic
Atlanta Fed
Amelia Island
Florida
U.S
Abortion remains 2024 driver for Dems across states
Democrats say abortion access stays a top voter issue as Dobbs reshapes law across states. NC overrode a veto on a 12 week ban while mifepristone debates unfold. Pelosi, Biden and Salinas emphasize mobilizing voters to protect rights and push for a House flip in 2024. Ohio moves to raise constitutional amendment threshold, drawing Dems’ fire as they defend abortion rights.
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Washington
Supreme Court
Dobbs
Roe v. Wade
North Carolina
Roy Cooper
House
Joe Biden
Emily’s List
Biden
Nancy Pelosi
Pelosi
Andrea Salinas
Planned Parenthood
Oregon Democrat
Ohio
Emilia Sykes
Sen
Sherrod Brown
Frank LaRose
Senate
Brown
Wall Street rises as profits beat forecasts rally broad market
U.S. stocks advanced with the S&P 500 up 0.9 percent and the Nasdaq up 1.5 percent while the Dow gained 115 points. Take-Two surged 11.7 percent on forecast revenue gains fueling GTA VI speculation, Bath & Body Works and Walmart also rose on solid results. Treasury yields climbed as traders priced in possible further Fed rate hikes at the June meeting.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Wall Street
U.S
Take-Two Interactive
Bath & Body Works
Walmart
Treasury
Fed
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McHenry
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Mary Ellen Mclntire
Daniela Altimari
the Market IN Review
Dow Jones
S&p
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
Wilshire
Russell
Naspaaq
Ecig
EnverBiors
EltekLtd
SmartLife
EnverBio
Amazons
Elevancos
Ohmyhome
Apple Inc S
SciPlay
Alibaba
Groupon
Div Yid
At&t Inc
Microsoft
AMD
AffirmHid
Netflix
Newell Br
AlimerSc
NiSource
Alphabt
Nikola
Northropg
Nu Hidg
Amber
Nvidia
Amé Airlines
Apple Incs
OpendrTc EcoBrad
OwensCorn
BkofAm
Pg&e Cp
BarrickGld
PacWsiBc
Carnival
Palantir
Cedarf
Paramat B
Cisco
Citigroup
PayPal
CocaCola
PepsiCo
Comcast
Petrobras
Crackerb
Pfizer
Phio Ph Ts
Farfetch
SeaStarMdn
FirstEngy
Shrwin
Fordm
Smucker
GSI Tech
Snapinc A
GenElec
SoFiTech
Uber Tch
UpstarHld
Keycorp
Vale SA
Kinross G
Kohls
VerizonCm
incNat
umenTch
Wang&Lee N
Umini
NYMX
New York Mercantile Exchange
CBOT
ICE
Chicago Board of Trade
CME
Chicago Mercantile Sugar (World) Exchange
Intercontinental Exchange
Eturn
Bank Pet
Amronbala m
Grfamrca
Incamrca m
American
Inccamrca
Nwprspctva
Wamtinvsam
Dodge & Cox Incl
Dodge & Cox
Fidelity Contrafund
Fidelity
Metropolitan West
Schwab Sp500idx
Vanguard
Vanguard EqincAdmrl
Vanguard Hcadmrl
Vanguard Intrteadmrl
InsldxIns
Vanguard PrmCpAdmrl
Vanguard Stinvmgrdadmrl
Vanguard Tibmidxadmit
Doe
SEC
The
Associated Press
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