Futures lower, consumer spending and PCE ahead – what's moving markets – Investing.com
Investing.com — U.S. stock futures are falling as traders prepare for the release of new economic data on Friday. Investors will have the opportunity to analyze consumer spending and inflation numbers as they try to assess the state of the U.S. economy, with the possibility of further rate cuts by the Federal Reserve later this […]
Harris drops millions on private jet spending despite calling climate change an ‘existential threat’
First appearance on Fox: Vice President Kamala Harris' presidential campaign has spent millions on private jets since President Biden announced he would not run for re-election several months ago and Harris secured the Democratic nomination. . Harris has flown on a jet plane and given various speeches on the fight against climate change, repeatedly calling […]
Democrats press corporations on lobbying spending ahead of tax fight
Democrats want to know how much money big corporations are paying major lobbying groups to court lawmakers before the tax law is scheduled to expire next year. Heads of large companies including Netflix, Ford and Tesla received letters from Democratic lawmakers demanding details of their lobbying budgets and whether their corporate boards would approve them. […]
Congress Passes Stop-Gap Spending Bill After Failed Mike Johnson Gambit
Parliament passed a bill on Wednesday that will fund the government until nearly the end of December. House of Representatives and Senate Passed A stopgap spending bill that would extend the deadline for government spending until December 20. Also known as a continuing resolution (CR), the measure maintains the status quo on federal spending. Speaker […]
Kamala Harris won’t say how she’ll pay for $1.7T spending plan in first solo sit-down with major news network
Vice President Kamala Harris refused Wednesday to explain how she plans to pay for a costly economic plan if Republicans in Congress block her presidential agenda, one of several questions she dodged in her first private interview with a major news network since becoming the Democratic nominee. “If you can't raise corporate taxes, or if […]
Reds star Jonathan India calls out team for lack of spending
Jonathan India is tired of being stingy. The Reds' star second baseman blamed the team's ownership and decision-makers for inaction and said big moves were needed after missing the playoffs for four straight years. Cincinnati has already fired head coach David Bell ahead of a crucial offseason. Katie Stratman – Imagn Images “We are tired […]
House Rules Committee nixes vote on short-term spending bill
The House Rules Committee decided Monday to postpone a vote on a short-term spending bill that would avert a government shutdown, setting up a scenario in which House Speaker Mike Johnson (R-Louisiana) may have to turn to Democrats to pass the controversial legislation. Johnson's three-month continuing resolution, which would keep the government funded through Dec. […]
House GOP swerves around conservative opposition for stopgap spending bill
House Republican leaders changed course on a three-month process for considering government funding bills, abandoning plans to move the bill through the normal process after opposition from some on the right threatened to block it. The stopgap measure, which would currently fund the government through Dec. 20, is expected to be introduced in Congress this […]
Lauren Boebert likens Speaker Johnson’s failed spending bill to ‘Diddy Freak Off’
You can't scare her. Firebrand Rep. Lauren Boebert slammed House Speaker Mike Johnson's failed spending plan, claiming it would “ruin our country many times more than Diddy's fanatics.” Rep. Boebert, R-Colo., was one of 14 House Republicans who broke party lines on Wednesday to vote against a six-month stopgap measure backed by Johnson to avert […]
Schumer coins ‘Trump shutdown,’ slamming GOP amid spending fight
Senate Majority Leader Chuck Schumer, D-N.Y., blamed former President Trump and Republicans for a possible partial government shutdown after the House failed to pass a stopgap spending bill on Wednesday. He filed for adjournment on Thursday as a procedural step to act as soon as possible once the House passes a continuing resolution (CR), a […]