U.S. Senate votes on ending government shutdown
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Flight, Government Shutdown Drags
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Key takeaways after a Senate breakthrough heralds a possible end in sight to the longest shutdown in US history.
The framework lawmakers agreed to Sunday night would not guarantee an extension of the expiring Affordable Care Act tax credits.
The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy.
Over the weekend, a group of eight Senate Democrats teamed up with Republicans to vote to advance a measure that would reopen the government. The agreement still needs final approval in the Senate and then a vote in the House before President Donald Trump can sign it into law.
The safe-haven yen hit its lowest since February on Tuesday while riskier currencies were firm against the dollar, as traders anticipated an end to the U.S. government shutdown in coming days.
Travel disruptions at major airports are expected to worsen this week with airlines already canceling nearly 1,600 flights for Monday and nearly 1,000 for Tuesday as Congress works to reach a deal to reopen the federal government.
3hon MSN
Shutdown proposal pits Democrats' moderates and progressives against centrist Senate dealmakers
The deal cut by some Senate Democrats to reopen government has refueled the party’s tussle over strategy and identity just days after sweeping election victories had raised hopes that the left’s disparate factions were pulling in the same direction
Gold prices rose further on Tuesday to hit their highest level in nearly three weeks, helped by growing expectations of another U.S. Federal Reserve interest rate cut in December and signs of an end to the U.