Page 5 - கூட்டாட்சியின் இருப்புக்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
GOP Sees Inflation as New Weapon to Bludgeon Biden, Democrats
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Equities finish marginally lower
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FTSE 100 ends higher as US blue chips recover from opening falls
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5 Min Read
NEW YORK/LONDON (Reuters) - World stock markets closed near record highs and U.S. bond yields fell on Wednesday as some of U.S. President Joe Biden’s stimulus efforts appeared to be on the rocks, boosting the appeal of technology stocks as inflation pressures ease.
FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York City, U.S., May 4, 2021. REUTERS/Brendan McDermid
A little-noticed ruling by Senate parliamentarian Elizabeth MacDonough in May said Democrats can only use “reconciliation” once in a fiscal year to circumvent legislation that requires 60 votes. Democrats passed Biden’s $1.9 trillion COVID-19 relief package in March through reconciliation.