Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Federal funding extended; disaster aid approved

House passes funding bill extending aid, avoids shutdown; excludes Trump’s debt-ceiling demand amid bipartisan support.

Published

on

House Speaker Mike Johnson’s latest proposal has gained significant traction, receiving strong backing from Democrats.

The bill was passed by a vote of 366 to 34, exceeding the required two-thirds majority.

It extends federal funding until March 14 and allocates over $100 billion for disaster relief, along with $10 billion aimed at supporting farmers.

Additionally, the proposal includes a one-year extension of the farm bill, essential for U.S. food and agriculture policy.

New deadline

Lawmakers face a deadline to pass a spending bill by midnight Friday to prevent a government shutdown.

GOP members plan to address the debt ceiling and spending cuts next year, but have opted not to act on it before then.

President-elect Donald Trump has called for an immediate vote to increase the borrowing cap, but his request was not included in this proposal.

Johnson expressed confidence, stating, “We will not have a government shutdown.”

The bill must still be approved by the Senate and signed by President Biden, with the timeline for Senate action currently uncertain.

House Republicans shifted their strategy after a previous bipartisan plan was undermined by Trump and Elon Musk, leading to the rejection of a reduced proposal the following night.

Money

Commodities surge as oil volatility and metals hit record highs

Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

Published

on

Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

Global commodities are on the move, with oil prices swinging sharply as geopolitical tensions involving Iran fuel uncertainty across energy markets. Traders are closely watching supply risks and political flashpoints, driving short-term volatility.

Precious metals are stealing the spotlight, pushing to record highs as investors seek safety amid inflation concerns, interest-rate uncertainty and rising global risk. At the same time, industrial metals are surging, supported by demand expectations and tightening supply.

To unpack what this means for markets and investors, we’re joined by Kyle Rodda from Capital.com to break down the key drivers behind this powerful commodities rally.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Commodities #OilPrices #Gold #Metals #MarketVolatility #Geopolitics #Investing #TickerNews


Download the Ticker app

Continue Reading

Money

Stocks slide and Trump cancels talks: What’s next for markets and Greenland?

U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.

Published

on

U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.


U.S. stocks fell for a second day on Wednesday, with the S&P 500 dropping 0.9% and the Dow Jones losing 164 points. Investors are reassessing record-high levels as major banks report weaker-than-expected earnings.

Wells Fargo shares tumbled more than 5% after disappointing revenue results, while Bank of America is down roughly 7% week to date. Citigroup and Wells Fargo have both seen declines of about 8%, highlighting volatility in the banking sector.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#StockMarket #SP500 #DowJones #BankEarnings #TrumpNews #Iran #Greenland #Geopolitics


Download the Ticker app

Continue Reading

Money

U.S. budget deficit falls to $1.67 trillion

US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.

Published

on

US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.


The US budget deficit has dropped to $1.67 trillion in 2025, the lowest in three years, driven by record customs revenue from President Donald Trump’s tariffs. While this marks a positive shift for the economy, challenges loom with potential Supreme Court rulings on tariffs and falling corporate tax receipts.

David Scutt from StoneX explains the key factors behind the decline in the deficit and what December’s figures reveal about the overall fiscal health of the US.

We also explore the potential implications of upcoming Supreme Court decisions and how the One Big Beautiful Bill Act could impact future deficits. Stay informed on what these changes mean for the economy and markets.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USBudget #DeficitUpdate #TrumpTariffs #FiscalPolicy #Economy2025 #SupremeCourtImpact #CorporateTaxes #FinancialNews


Download the Ticker app

Continue Reading

Trending Now