Senate advances Laken Riley bill past second hurdle
The Laken-Reilly Act cleared a second procedural hurdle in the Senate on Monday, but debate has turned to amendments pushed by Democrats to potentially add changes to the bill. Senators voted 82-10 in favor of the motion to pass the bill, allowing it to begin consideration on the floor. The bill would require federal detention […]
Senate advances bill to boost Social Security benefits for millions of people
The Senate on Thursday voted overwhelmingly to pass a bill that would increase Social Security benefits to more than 2 million Americans by repealing two laws that limit payments to state and local public sector employees and their families. It won by a vote of 73-23. This showed strong support for a bill that would […]
Senate advances annual defense policy bill, teeing up final vote in coming days
The Senate on Monday cleared a key procedural hurdle to passing the National Defense Authorization Act (NDAA), with a final vote expected in the coming days before Congress wraps up its work for the year. Senators voted 83-12 to move forward with the $895 billion annual defense package, setting a final vote for passage by […]
Senate advances NDAA, teeing up final passage for annual defense policy bill
The Senate has voted to advance the $895 billion annual defense policy bill, putting it on track to pass despite Democratic complaints about transgender care provisions. It shows. The vote to pass a deal to trigger a shutdown or limit discussion of the National Defense Authorization Act (NDAA) passed the Senate 63-7 on Monday night. […]
USD/CHF advances to near 0.8900 as SNB unexpectedly cuts interest rates by 50 bps – FXStreet
The US dollar/Swiss franc pair soared to nearly 0.8900 after the Swiss central bank cut its main borrowing rate by 50 basis points to 0.5%, in response to expectations for a 25 basis point rate cut. Swiss National Bank Governor Schlegel held off on the option of negative interest rates in his previous comments in […]
Turkey’s Erdogan encourages Islamist rebels to continue advances as Assad regime scrambles to survive
JERUSALEM – Turkish President Recep Tayyip Erdogan on Thursday encouraged his allies' remarkable military advances after Turkish-backed Islamic extremists seized control of Syria's key city of Hama. “I hope that this progress will continue without any problems,” Erdogan said on Friday, Reuters reported. He added that the target was Damascus, the capital where Syrian dictator […]
Gold price advances closer to $2,600 on geopolitical risks, subdued USD price action – FXStreet
Gold prices gained some positive traction on Monday, snapping a six-day losing streak. Geopolitical risks benefit safe-haven XAU/USD as USD demand weakens. The Fed's aggressive rate cuts and bets on higher Treasury yields will limit further gains. Gold prices (XAU/USD) have shaved off some of their modest intraday gains to remain below $2,600 heading into […]
Clippers’ James Harden Passes Ray Allen, Advances To Final Step To Become No. 1 All-Time In NBA Three-Point Shooting
One step away from becoming the best ever! Clippers shooting guard in action for Sunday's game between the Los Angeles Clippers and Utah Jazz. james harden Just hit it. 1 3-point shot He ranks second in NBA history for the most. He made it in the first quarter. Harden, stationed on the right wing, made […]
Stocks Waver on US Election Risks, Yen Advances: Markets Wrap – Yahoo Finance
(Bloomberg) — European stocks rose on a number of strong earnings results, while U.S. stock futures pointed to gains on Wall Street after Tesla Inc. reported surprising results. Most Read Articles on Bloomberg The Stoxx 600 rose 0.5%, supported by strong results from Barclays, Unilever and Hermès. Nasdaq 100 futures rose 0.7% and the stock […]
US Dollar advances after ECB dovish outlook, US Retail Sales – FXStreet
Expectations for Fed easing continue to evolve, with two rate cuts by year-end almost priced in. Retail sales unexpectedly rose in September, and weekly new jobless claims fell. The ECB's Lagarde is concerned about the EU's economic outlook, which is benefiting the US dollar. The US Dollar Index (DXY), which measures the value of the […]