U.S. Government Shutdown

A short-term funding measure aimed at averting a government shutdown received opposition from 19 Senate Republicans during a Tuesday vote, The Hill reported.  The Senate vote was 77 to 19, with the dissenting votes all from the Republican Party. Among the opposing Senators were ...

Lockheed Martin Corp. (NYSE:LMT) shares are enduring their most challenging month since January 2021, witnessing a decline of approximately 9% month-to-date as of Sept. 26. The security and aerospace company faces mounting pressure due to the looming risk of a U.S. government shutdown that could...

The clock is ticking as centrist Democrats and allies of Speaker Kevin McCarthy (R-Calif.) scramble to strike a last-minute deal to avert a potential government shutdown, as per a report by Politico. What Happened: The hush-hush discussions, primarily involving the bipartisan Problem Solvers Caucus...

House Speaker Kevin McCarthy proposed a temporary government funding solution during a House Republican Conference call on Monday, reported Axios. This move highlights the challenges the divided Congress faces in funding the government before the Sept. 30 deadline. McCarthy clarified that any...

The U.S. House of Representatives passed a temporary measure to fund the federal government and avoid another shutdown in less than a year. What Happened The House voted 231-192 in favor of the bill, with a majority of Republican Representatives voting against the motion, Reuters said. The...

Thanks to a stop-gap funding measure passed in the final week of January, the U.S. government is, for the time being, fully operational. More precisely, the U.S. government is operating to the best of its ability under a five-week backlog of  work, as well as the threat of another shutdown...

Investors got their Valentines from the stock market a bit early this year, with major indices mounting a rally over the last few days that would likely warm the heart of even the most enthusiastic bull. The rally had initially looked likely to continue early Thursday as investors reacted to news...

Good day, Congress was up against a tight deadline to pass a bipartisan agreement to avert another partial government shutdown. President Trump said Tuesday that he is not happy with the deal, and has not ruled out vetoing the legislation. The Democratic-controlled U.S. House of Representatives...

Conventional wisdom suggests that government shutdowns don’t matter much to the markets. That proposition might get tested Tuesday. U.S. stock indices turned a bright shade of green after news of a potential border deal in Congress to avoid a shutdown that could start this Saturday. While the...

Rumors of another federal shutdown notwithstanding, 2019 is poised to be a watershed year for cannabis reform potentially enabling a $56 billion annual U.S. cannabis market by 2025. Those were among the findings shared last week during a National Press Club event sponsored by New Frontier Data in...

As part of FreightWaves overall coverage of freight markets, it publishes a summary of the changes in the economy over the past month, both in terms of the data releases and in developments in public policy. The Economic Roundup is designed to synthesize the events of the past month as they relate...

As a new month got underway, investors had their second helping of big economic news this week in the form of the government’s jobs report for January, which came after the Fed meeting earlier this week helped boost the market.  For the second month in a row, job creation in the United...

February could bring a heaping plate of geopolitical drama to markets around the world, potentially helping to end a brief calm that settled over January. As the month starts, markets were basking in the Federal Reserve’s decision to hold interest rates steady, along with better than expected...

It’s crunch time, and that doesn’t just mean the crunch of snow under boots as more snow and extreme cold blow into much of the country. This is arguably the most crucial earnings week of the season, with names ranging from Boeing Co (NYSE: BA) to Apple Inc (NASDAQ: AAPL) to...