The Senate Republican health care bill teetered on the edge of collapse Monday evening after the Congressional Budget Office released a devastating report on its impact and multiple Republicans announced they would not vote to advance the legislation.
The figure released by the Congressional Budget Office is only slightly lower than the 23 million more uninsured under the House version of the legislation.
TOKYO (Reuters) – Japanese stocks edged towards two-year highs on Tuesday as exporters benefited from dollar strength, with investors expecting comments from Federal Reserve Chair Janet Yellen to support the Fed’s projection for one more interest rate rise this year.
In a win for President Trump, the court said it would hear arguments in October on a case that sets the stage for a major ruling on presidential power.
(Reuters) – The S&P 500 and the Dow barely rose on Monday as gains were offset by a fall in technology stocks, which pushed the Nasdaq lower as investors turned to more defensive sectors.
In his first six months in office, President Donald Trump has overseen a steady transfer of power from the White House to the Pentagon, handing off several warfighting authorities that previously rested in his hands — and those of past presidents of both parties — to the Pentagon and the commanders overseeing the US’ military campaigns.
TOKYO (Reuters) – Japan’s Takata Corp 7312.T, the firm at the centre of the auto industry’s biggest ever product recall, filed for bankruptcy protection in the United States and Japan and said it would seek $1.6 billion in aid from U.S.-based Key Safety Systems (KSS).
LONDON (Reuters) – Major central banks should press ahead with interest rate increases, the Bank for International Settlements said on Sunday, while recognizing that some turbulence in financial markets will have to be negotiated along the way.
President Donald Trump accused former President Barack Obama of stealing his terminology when Obama said last week that there was a ‘fundamental meanness’ at the core of the Republican health care bill.