Page 143 - Rep News Today

The debt ceiling bill passed the full house, 314-117, on Wednesday night. The legislation did face opposition from the two representatives from Montana and the one from Wyoming.

Indexes rose by midday as investors cheered passage of a bill by lawmakers to suspend the nation's debt ceiling.

U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve President Patrick Harker said on Thursday, even though high inflation is coming down at a "disappointingly slow" pace.

A look at the day ahead in U.S. and global markets from Mike Dolan

The days of carefree plastic use may soon be over. Even though the world is suffocating in polluting waste, sales of fresh polymers are projected to rise 40% to $529 billion by 2031. This may change if supporters of taxes and other restrictive measures prevail at ongoing talks for a global treaty to end plastic pollution by 2040. Drastic action would shrink a promising market for Big Oil and cut packaging firms’ margins.

Asia's stockmarkets slid toward a second month of losses in a row on Wednesday, and even the glittering Nikkei paused, as weak Chinese factory activity fed growing doubts about the post-pandemic recovery in the world's second biggest economy.

A look at the day ahead in Asian markets from Jamie McGeever.

Top oil exporter Saudi Arabia may further slash the official selling prices (OSPs) for all crude grades to Asia in July, a Reuters poll showed, despite the looming OPEC+ meeting that could leave the door open to further output reduction.

A look at the day ahead in European and global markets from Sonali Desai

Indian shares fell on Wednesday after hitting five-month highs for three sessions in a row, as caution set in ahead of the U.S. Congress's approval of the debt deal and fresh concerns about China's stuttering economic recovery weighed on the sentiment.