McCarthy pushes stopgap as shutdown looms in Congress
Speaker Kevin McCarthy advances a one month funding bill to avert a federal shutdown on Sept 30. He touts a bottom-up package with border security provisions while resisting Democrat concessions, warning lawmakers to stay in Washington through the weekend as a weeks long funding fight grows likely.
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Kevin McCarthy
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Wall Street holds firm ahead of Fed rate decision
Wall Street drifted in quiet trading as investors awaited the Fed's next meeting on rates. The S&P 500 rose to 4453.53, the Dow edged to 34624.30, and the Nasdaq ticked up to 13710.24 amid expectations the Fed will keep rates steady while traders weigh potential future cuts and inflation trends.
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UAW and Big Three Talks Resume as Strike Widens Threat
The United Auto Workers resume negotiations with GM Ford and Stellantis amid a fourth day strike threatening spread. UAW President Fain warns of escalation if demands are not met, while Biden aides prepare to assist negotiations.
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