Key House Republicans said Thursday afternoon that they had reached a short-term government funding deal designed to avert a shutdown that would have begun late Friday night. House Appropriations Committee Chair Rep. Tom Cole, R-Okla., was among the lawmakers who walked out of House Speaker Mike Johnson’s offices in the Capitol and told reporters an […]
An Amazon delivery truck passes people holding signs and marching during a strike by Teamsters union members at an Amazon facility in Alpharetta, Georgia, U.S. December 19, 2024. REUTERS/Elijah Nouvelage Elijah Nouvelage | Reuters Amazon workers across seven facilities in New York, Georgia, California and Illinois went on strike on Thursday to lobby for better […]
Investors own more than 131,000 homes in the Las Vegas Valley now. Las Vegas Review-journal | Tribune News Service | Getty Images Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors. That put them at a seasonally adjusted, annualized rate of 4.15 million units. Sales […]
Fulton County District Attorney Fani Willis looks on during a hearing in the case of the State of Georgia v. Donald John Trump at the Fulton County Courthouse on March 1, 2024, in Atlanta, Georgia. Alex Slitz-Pool | Getty Images News | Getty Images A Georgia appeals court on Thursday disqualified Fulton County District Attorney […]
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters The Food and Drug Administration on Thursday said the active ingredient in Eli Lilly’s weight loss drug Zepbound is no longer in shortage, a decision that will eventually bar compounding pharmacies […]
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., Dec. 18, 2024. Kevin Lamarque | Reuters The U.S. Federal Reserve roiled markets Wednesday […]
The stock market suffered a violent sell-off Wednesday after the Federal Reserve’s disappointing rate-cut outlook, and Yardeni Research is telling clients to buckle up as the worst is yet to come. First, the Wall Street firm believes that early January could see big selling action from investors who opt to defer their capital gains to […]
Check out the companies making headlines before the bell. Micron — The chip stock plunged nearly 13% in premarket trading after the chipmaker issued weaker-than-expected second-quarter guidance. First-quarter revenue was inline with analysts’ expectations, while earnings topped estimates, however. Lamb Weston — Shares of the frozen potato maker sank 18% after posting quarterly results that fell […]