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WASHINGTON: Washington entered the fifth day of a partial government shutdown on Saturday with no end in sight even as another, more serious conflict over raising the nation's borrowing authority started heating up.
NEW YORK: Government shutdown. Federal default. These looming political threats to the U.S. economy might scare investors to buy more U.S. Treasuries in the coming days as they seek a shelter for their cash.
WASHINGTON: White House budget director Mick Mulvaney said Sunday the two-day-old government shutdown could last into 2019, as Republicans and Democrats remain at an impasse over President Donald Trump’s demand for billions of dollars in border-wall funding.
WASHINGTON: Saying the U.S. government shutdown was having a "heartbreaking" impact on ordinary Americans, President Barack Obama on Saturday renewed his call on congressional Republicans to end the five-day stalemate and pass a funding bill without conditions.
TOKYO: The dollar and U.S. stock futures held steady on Wednesday as investors bet the first partial U.S. government shutdown in 17 years will be short-lived.
NEW YORK: Wall Street indexes rose and bond yields followed stocks higher on Friday after U.S. President Donald Trump announced an agreement to end the longest ever U.S. government shutdown and as investors reacted to corporate earnings reports.