Congress in disarray and shutdown looms as Trump, Musk pan spending deal newsthirst.

The US could face a government shutdown at midnight on Saturday after President-elect Donald Trump called on Republican lawmakers to reject a bipartisan funding bill that would have kept the government funded through March. Trump urged Congress to scrap the deal and pass a slimmer version with fewer provisions. His intervention followed heavy criticism of…

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US economy grew at solid 2.8% pace last quarter on strength of consumer spending, but misses expectations newsthirst.

The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Shoppers and pedestrians on Broadway in the Soho neighborhood of New York, US, on Monday, Jan. 22, 2024. (Bloomberg) Wednesday’s report from the Commerce Department said the gross domestic…

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