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26/09/2023

A shutdown would harm food safety, cancer research and children's programs, Biden said, adding that ensuring that the government is funded is one of the core functions of congress.

25/09/2023

Biden also cast his 2024 campaign against likely Republican challenger former President Donald Trump as a battle against political extremism.

The deal reached between congressional Republican leadership and his administration in May would have funded essential d...
24/09/2023

The deal reached between congressional Republican leadership and his administration in May would have funded essential domestic and national security priorities and still cut the budget deficit by $1 trillion over the next 10 years, Biden said at a congressional awards dinner on Saturday.

U.S. President Joe Biden on Saturday rebuked what he called "extreme Republicans", saying the party's lawmakers needed t...
24/09/2023

U.S. President Joe Biden on Saturday rebuked what he called "extreme Republicans", saying the party's lawmakers needed to take immediate steps to prevent a government shutdown ahead of a Sept. 30 deadline.

U.S. stocks have slid more than 6% from their late July highs, and the past week has been particularly nerve-wracking fo...
23/09/2023

U.S. stocks have slid more than 6% from their late July highs, and the past week has been particularly nerve-wracking for investors. The Fed projected it would leave interest rates at elevated levels for longer than expected, sparking selloffs in U.S. stocks and bonds

A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming government shutdown are adding to a coc...
23/09/2023

A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming government shutdown are adding to a cocktail of risks that has spooked investors and clouded the outlook for U.S. equities.

Meanwhile, the U.S. dollar index was on track for its 10th consecutive weekly increase in the wake of the Fed decision a...
22/09/2023

Meanwhile, the U.S. dollar index was on track for its 10th consecutive weekly increase in the wake of the Fed decision and as the euro fell after weak economic data from France.

The yen fell sharply on Friday after the Bank of Japan (BOJ) kept interest rates in negative territory days after the Fe...
22/09/2023

The yen fell sharply on Friday after the Bank of Japan (BOJ) kept interest rates in negative territory days after the Federal Reserve signalled U.S. borrowing costs would stay high, piling pressure on the Japanese currency.

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