Budget Battles
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‘A Good Day for America’: Biden Signs $95 Billion Foreign Aid Bill
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Senate Advances $95 Billion Foreign Aid Package
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GOP Infighting Continues as Senate Heads for Aid Vote
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News Alert: House Approves $95 Billion Aid Package for Ukraine, Israel and Taiwan
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Dems Help Save Johnson's Aid Package for Israel, Ukraine
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Johnson Rejects a Plan to Save His Speakership
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Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
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Factbox: What happens in a U.S. government shutdown?
By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, ReutersIn shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...
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No Talk of Ousting Speaker Ryan, Key Conservative Says
By ReutersMany Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...
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The Crisis in Venezuela Could Send Oil Prices Soaring
By Nick Cunningham, Oilprice.comVenezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...
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The Risk That Could Drive Oil Prices Higher in a Hurry
By Nick Cunningham, Oilprice.comThe latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very...
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France Just Made a Big Move Toward a Green Energy Future
By Bate Felix and Simon Carraud, ReutersFrance aims to end the sale of gasoline and diesel vehicles by 2040 and become carbon neutral 10 years later, Ecology Minister Nicolas Hulot said on Thursday at a presentation of measures to keep up...
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Is Cash No Longer King? The Future of Paper Money
By Dana Kornberg, The ConversationOn June 27, the ATM turns 50 . Former U.S. Federal Reserve Chairman Paul Volcker once described it as the “ only useful innovation in banking .” But today, the cash that ATMs dispense may be on the...
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Why Janet Yellen Says We Don't Have to Worry About Another Financial Crisis
By William Schomberg and Marc Jones, ReutersU.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the...
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Why the Global Economy Isn't Even Close to Kicking Its Addiction to Oil
By Robert Rapier, Oilprice.comThe notion that demand for crude oil will soon peak has largely replaced the idea from a decade ago that crude oil production was about to peak for geological reasons. This new idea is that we will...
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A Trillion Dollar Plan to Rebuild the World Makes China the New Global Leader
While most of the world wonders nervously what’s next from the Trump White House, the confident China President Xi Jinping is shifting his bid for global leadership into a full-court press.
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Why We Hate Our Jobs -- and How We Can Learn to Love Work Again
By Jim CliftonWhile the world’s workplace is going through extraordinary change, the practice of management has been frozen in time for more than 30 years.
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The Car World Has a New No. 1
By Andreas Cremer and Minami Funakoshi, ReutersVolkswagen overtook Toyota as the world's largest carmaker by sales in the first half year, achieving its long-held ambition three years ahead of target. But staying on top will be a challenge for...
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5 Reasons Gold Is Falling
By Michael RaineyAs the price of gold continues to tumble, even the gold bulls are having second thoughts about their precious metal. Gold was selling for $1,108 an ounce in New York on Monday, down 2 percent on the...
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As Embassies Reopen, Don’t Expect Economic Miracles in Cuba
By Katy Barnato, CNBCAs the Cuban Embassy in Washington D.C. reopens on Monday after a 54-year gap, analysts said that easing relations with the U.S. could provide "limited" commercial benefit for the communist nation...
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Oil Markets Have Nothing to Fear from Iran
By Andy Tully, Oilprice.comDon’t expect a sudden surge in oil on the world market now that Iran and six world powers have agreed on a deal to limit Tehran’s nuclear program and lift years of crippling sanctions. Bijan Namdar...
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IMF to Greek Creditors: This Won’t Work
By Rob GarverThe seemingly endless wrangling over Greece’s massive debt crisis took an unexpected turn late Tuesday when the International Monetary Fund leaked a staff-written analysis of the bailout plan that...