All 11 major S&P sectors were lower in early trading, with declines in the technology and healthcare indexes weighing the most on the market
2 min read2 Jan 2019US senators left Washington for the Christmas holiday with no sign of urgency to resolve the fight over Donald Trump's demand for Mexico border wall money
2 min read26 Dec 2018The Dow Jones Industrial Average ended the week with a loss of nearly 7% amid worries about trade wars and US government shutdown
2 min read22 Dec 2018Trump pushed fellow Republicans in the House of Representatives to use the short-term funding bill as leverage to force through the border wall money despite Democratic objections
3 min read21 Dec 2018Concerns on global economy growth and the threat of a partial US government shutdown fuelled investor concern
3 min read22 Dec 2018The US Senate passed a 2-year budget agreement early today that would boost federal spending by $300 billion and suspend the debt ceiling for a year
3 min read9 Feb 2018Gold prices edge up as the dollar hovers around three-year lows, with a surge in global equities capping further gains after a US government shutdown comes to a halt
1 min read23 Jan 2018The opposition Democrats reach an agreement with the Republicans to have a debate on immigration so as to end the ongoing federal government shutdown
1 min read23 Jan 2018Gold prices inch down as the dollar regains strength after slipping earlier on a US government shutdown, with investors on wait-and-watch mode
2 min read22 Jan 2018In shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep working
4 min read20 Jan 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared