Nov Financial News

An against-the-odds deal to avert a US shutdown is soothing nerves across Wall Street after a week of interest rate-spurred market disruptions. 

The threat of a federal government shutdown ended late Saturday night after Congress approved a temporary funding bill to keep federal agencies open until Nov. 17

funding bill late on Saturday with overwhelming Democratic support after Republican Speaker Kevin McCarthy backed down from an earlier demand by his party's hardliners for a partisan bill. The Democratic-majority Senate voted 88-9 to pass the measure to avoid the federal government's fourth partial shutdown in a decade, sending it to President Joe Biden to sign into law before the 12:01 a.m. ET (0401 GMT) deadline. McCarthy abandoned party hardliners' insistence that any bill pass the chamber with only Republican votes, a change that could cause one of his far-right members to try to oust him from his leadership role. The House voted 335-91 to fund the government through Nov.

House of Representatives will vote on a stopgap funding bill, Republican Speaker Kevin McCarthy said on Saturday, just hours before the federal government is due to begin its fourth partial shutdown in a decade. The move will test McCarthy's narrow 221-212 majority, where multiple hardline conservatives have opposed the idea of a short-term bill known as a continuing resolution or CR, and could lead to a challenge to McCarthy's position as speaker. The maneuver will require Democratic votes, a fact that will anger some party hardliners who had wanted to pass a bill without Democratic support. Even if the House passes the bill, there may not be enough time for the Democratic-majority Senate to vote on the measure and President Joe Biden sign it into law before funding expires at 12:01 a.m. ET (0401 GMT) Sunday. House Republican lawmakers just Friday had blocked their own CR, which included multiple conservative policy additions that Democrats opposed.

iHeartRadio has unveiled its star-studded 2023 Jingle Ball lineup, including performances by Olivia Rodrigo, Usher, Nicki Minaj, SZA, Niall Horan, and Jelly Roll

By Moira Warburton and Richard Cowan

Password-sharing crackdowns are becoming more and more common in the streaming world today

Nearly 3.4 million Hyundai and Kia vehicles in the U.S. are under recall due to the risk of engine compartment fires

India 10-year yield posts biggest single-session rise of 2023 Indian government bond yields climbed on Thursday, with the benchmark yield posting its biggest single-session rise in 2023, triggered by a relentless rise in oil prices as well as Treasury yields, while debt supply further hurt. The 10-year benchmark 7.18% 2033 bond yield ended at 7.2414% after ending at 7.1704% in the previous session. The yield posted its biggest single-session rise since Nov.

(Reuters) — The U.S. Supreme Court on Monday opens a new nine-month term loaded with important cases on issues including gun rights, the power of federal agencies, Purdue Pharma's bankruptcy settlement, the legality of Republican-drawn electoral districts and even one involving the size of Donald Trump's hands.

By Brigid Riley

By Moira Warburton and David Morgan

U.S. economic data and fresh comments from Federal Reserve officials. Federal Reserve Bank of Minneapolis President Neel Kashkari was one among several Fed voices to caution markets on the possibility of more hikes, saying on Wednesday that ample evidence of ongoing economic strength meant that more tightening might be in the pipeline. Fed Chair Jerome Powell is scheduled to speak later on Thursday, giving markets further clues into the future path of U.S. monetary policy.

Hyundai and Kia are recalling nearly 3.4 million vehicles in the U.S. and telling owners to park them outside due to the risk of engine compartment fires

Swifties! A film of the pop diva’s mega world tour ‘Eras Tour’ will premiere in India on November 3. Taking to X (formerly Twitter), the superstar tweeted, “The tour isn’t the only thing we’re taking worldwide…… Been so excited to tell you all that The Eras Tour concert film is now officially coming to theaters WORLDWIDE on Oct 13! Tickets are available now at https://taylor.lnk.to/TSTheErasTourFilm or on your local theaters website!” The post went viral on the microblogging site, gaining more than 25 million views and 421K likes. Several excited Swift stans flooded the comment section, unleashing their excitement for the movie. “Oooh we stan a win for international Swifties,” gushed a fan. An Indian fan couldn’t hold back their excitement. “I'm so proud to see India in the list! Thank you so much,” they wrote.

By Mathieu Rosemain and Noele Illien

Stevie Nicks has extended her 'Live In Concert' tour by adding seven dates to her current trek. Nicks will begin the 'Live In Concert' tour on February 10 at Mark G Etess Arena in Atlantic City. She will make stops and perform in New York, South Carolina, Florida, Louisana and many more places, before bringing the tour to an end with a performance at the AT&T Stadium in Arlington, Texas with support from Billy Joel. Live Nation will produce all of the newly added dates except for her appearance at the Hard Rock Live in Florida.

The leader of Spain’s conservatives has tried to win the endorsement of the nation’s parliament to form a new government

Taylor Swift’s trip to watch the Kansas City Chiefs’ Travis Kelce didn’t just have the internet talking nonstop

By Kevin Buckland

Treasury yields scaled a fresh 16-year peak on Tuesday, underpinning the dollar near a 10-month summit, as investors responded to the message from the Federal Reserve and other major central banks of rates staying elevated for longer. Asia-Pacific stock benchmarks sagged along with gold, while crude oil continued to drift back from 10-month highs. The yield on 10-year Treasury notes rose to 4.552%, a level not seen since October 2007. The U.S. dollar index — which measures the currency against six major developed market peers, including the euro and yen — ticked up 0.05% to 106.00, after reaching 106.10 overnight for the first time since Nov.