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S&P 500, Nasdaq retreat from record highs: Live updates CNBCStock Market Today: Dow, Nasdaq Slip; Airline Stocks Rally on Delta Report — Live Updates The Wall Street JournalWall Street takes a pause as Tesla falls and Delta flies AP NewsStock Market Today: Dow, S&P 500 Open Up; Nvidia, AMD, PepsiCo, Delta, More Movers Barron's
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Investment platform warns customers bitcoin ‘has no intrinsic value' and ‘is not an asset class'
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The weekly jobless claims report won't resume until the government shutdown, which is on its ninth day, ends.
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Republican defense cardinal throws weight behind bill to pay troops during shutdown PoliticoThe military usually gets paid during government shutdowns. Here's why they might not this time around. Yahoo"The House is done": Johnson rules out stand-alone vote on paying troops during shutdown AxiosHouse Democrats press Johnson to bring Pay Our Troops Act to the floor early next week Federal News Network
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China expands rare earth restrictions, targets defence, semiconductor users ReutersChina curbs rare earth exports, raising stakes before Trump-Xi talks NPRChina Tightens Grip on Minerals Before Trump-Xi Summit NewsweekChina tightens export rules for crucial rare earths BBCChina Clamps Down Even Harder on Rare Earth Exports The New York Times
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As the partial government shutdown drags on through its eighth day, a big question is what could force Democrats and Republicans in Washington to make a deal that reopens federal agencies.
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Shutdown plans include mass layoffs, fewer regulations and military deployments — and track with past Trump efforts to defang much of the federal government.
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Minutes from the Federal Open Market Committee's May meeting show policymakers were unnerved by the lack of progress fighting inflation in the first quarter. A number of participants were unsure about how restrictive Fed policy actually is and how long it will need to stay there. Among the downside risks discussed by policymakers were unrealized losses on assets in the banking sector and geopolitical events that could push up commodity prices. The slowing in the pace of the Fed's balance sheet drawdown, or quantitative tightening, had near unanimous support.
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