House GOP struggles to fund government as shutdown looms
The White House gears up for a possible federal shutdown after House Republicans left town with no viable funding plan. Speaker McCarthy faces a hard right flank, pushing a path to pass multiple funding bills while risks to military pay, security, food aid, travel, and the economy loom. Biden blames Republicans. OMB prepares shutdown plans as Congress returns.
MENTIONED IN THIS ARTICLE
Washington
White House
Kevin McCarthy
Congress
House
McCarthy
R-Calif
Capitol
House Republicans
U.S
Karine Jean-Pierre
Biden Administration
Office of Management and Budget
OMB
Joe Biden
Biden
Maryland
Chamber
Donald Trump
Trump
Rep
Matt Gaetz
R-Fla
GOP
Gaetz
House Rules Committee
Menendez Indicted Again Over Foreign Ties and Cash
The Associated Press reports Senator Bob Menendez of New Jersey was indicted on charges of secretly aiding Egypt and stalling a friend’s case in exchange for gold bars and cash. The 69 year old faces multiple counts including influence peddling and obstruction, with his wife Nadine and three New Jersey businessmen named in the scheme. Authorities seized over 480000 dollars in cash and more than 100000 dollars in gold bars from his home, while prosecutors say he sought to influence investigations and lift holds on aid to Egypt. The indictment follows a previous deadlocked case in 2017 and renews calls for his resignation from New Jersey officials and fellow Democrats.
MENTIONED IN THIS ARTICLE
New York
Bob Menendez
New Jersey
Egypt
Menendez
Senate Foreign Relations Committee
Congress
U.S
Phil Murphy
Andy Kim
Mikie Sherrill
Senate
Chuck Schumer
Democratic Caucus
Schumer
Congressional
Google
Attorney General's
David Schertler
Nadine
Senate Historical Office
Florida
Washington
Wall Street ends worst week in six months as losses mount
Wall Street posted its worst weekly performance in six months with the S&P 500 down 0.2 percent to 4320.06, the Dow off 106.58 to 33963.84, and the Nasdaq dipping 0.1 percent to 13211.81. Investors priced in higher-for-longer rates as Fed stance dimmed hopes for a near-term rate cut. Yields climbed, with the 10-year at 4.44 percent and the two-year at 5.10 percent, pressuring richly valued tech names led by Nvidia amid a tech-heavy Nasdaq slide.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Federal Reserve
Federal Funds
S&p 500
Treasury
Fed
Nvidia
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
S&p
Wilshire
Russell
At&t Inc
ActivsBliz
Microsoft
Amazon
Amé Airlines
MultiAuters
Apple Incs
Newell Br
Aurorac Si
Auroralin A
NiSource
AvaloTh
Nikola
BkofAm
Northropg
NorwCruis
BarrickGld
CRH
CSX
Carnival
ONEOK
OwensCorn
Cisco
Citigroup
Palantir
CocaCola
Paramat
Connexa
PepsiCo
Cracker
Pfizer
Cybin Inc
Plainsaap
Ebet N
PlugPowr H
EggTrustr Rpm
EntProdPt
RiiaAu A
Farfetch
SeelosTh
FirstEngy
Shrwin
Fordm
Smucker
GSE Sys
GenElec
SoFiTech
GenMotors
Target
Tesla
GinkgoBi
TilayBi
HomeDp
HuntBnesh
Biosyrs
Intel
Uber Tch
IBM
Vale SA
Kauunh
VerizonCm
Kenvuen
WalMart
Wbrodis A
Keycorp
Kohls
WellsFargo
LincNat
Wendys Co
LucidGrp
Workers Rs
MagellMid
YumBrnds
Also Mentioned on This Page
Jake Offenhartz
Eric Tucker
Alanna Durkin Richer
Associated Press
Sen
Stan Chee
the Market IN Review
Naspaaq
JinMedic
Apple Inc
NYMX
New York Mercantile Exchange
CBOT
ICE
Chicago Board of Trade
CME
Chicago Mercantile Sugar (World) Exchange
Intercontinental Exchange
AmrcnBalAm
CptWidGrincAm
FdmdlInvsAm
GrfAmrcAm
IncAmrcAm
Invcamrcam
Nwprspctva
Wamtinvsam
Dodge & Cox Incl
Dodge & Cox
Fidelity BC
Fidelity
Fidelity Group
PIMCO
Schwab
Vanguard
Vanguard Hcadmrl
Vanguard Intiteadmrl
Vanguard InsidxIns
Vanguard InsidxInsPlus
Vanguard MdCpldxAdmrl
Vanguard PrmCpAdmrl
Vanguard Tibmidxadmit
Doe
SEC
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