An article published by Bloomberg News reported that the U.S. government stands poised for its first partial shutdown in 17 years at midnight tonight, after a weekend with no signs of negotiations or compromise from either the House or Senate to avert it. Republicans and Democrats in Congress say they don’t want a shutdown, though...
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Gold, oil and government shutdowns-SAN FRANCISCO (MarketWatch) — History, at least when it comes to gold, oil and U.S. government crises, may surprise you
The federal government is facing a shutdown next week but that doesn’t automatically mean that oil prices will take a hit from the weaker economic environment that implies, or that gold will get a safe-haven boost from the uncertainty it creates.
And given...
Wall Street falls as Washington deadline draws closer
Asian shares firm, but U.S. budget impasse constrains
(Reuters) - Asian shares ticked up on Friday after U.S. jobless claims data pointed to an improving labor market, but the lack of progress in budget and debt negotiations in Washington kept investors on edge.
The solid jobs data revived expectations of a reduction in U.S. monetary stimulus, but not without reservation, after the Federal Reserve's...
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