With Congress back from summer recess, House Speaker Kevin McCarthy has a slew of issues to resolve ahead of this month's spending deadline.
Share:
More In Politics
The Week's Top Stories: Fed Rate Hike and Roiled Markets
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Financial Expert Says Markets Have Yet to Bottom Out
With uncertainty in Washington over a looming government shutdown, investors are keeping an eye on Wall Street. As stocks look to close at their worst spot in a decade, one expert says we have yet to hit the bottom. Jason Rotman from Lido Isle Advisors talked to Cheddar about what investors can expect in the new year.
Need 2 Know: Defense Secretary Mattis Quits, Shutdown Stalemate
These are the headlines you Need 2 Know for Friday, Dec. 21, 2018.
Cheddar Awards: Tim Cook Is 2018's Most Outspoken
As Cheddar reflects on 2018, we are profiling the most innovative, flamboyant, and often-controversial entrepreneurs and corporate leaders who delivered the year's most memorable moments in business. Of the CEO Class of 2018, who was crowned Biggest Flirt? Class Clown? Cheddar's Most Outspoken Award Goes to Tim Cook.
Looming Government Shutdown, Fed Hikes Deepen Markets Losses
Stocks plunged on Thursday for the second day running, as the renewed threat of a government shutdown over the Christmas holiday weekend contributed to residual market weakness after the Fed's latest rate hike.
Cheddar Awards: Mary Barra is 2018's Most Likely to Draw Bipartisan Fire
CEO Mary Barra made national headlines when General Motors announced in late November that 14,000 salaried and hourly workers would be cut for the sake of the company's growth. Backlash against Barra was swift; it populated the White House Twitter feed and echoed through the hall of Congress.
Need 2 Know: Syria Withdrawal, Gatwick Airport Drone Shutdown
These are the headlines you Need 2 Know for Thursday, Dec. 20, 2018.
Color of Change: The Civil Rights Thorn in Facebook's Side
Facebook can add another problem to its tally: a disappointing update to a civil rights audit the company posted on Tuesday, just hours before The New York Times published an explosive report on the company's mishandling of user data. The audit has been a "black box," according to Rashad Robinson, the president of Color of Change, one of the groups that has strongly criticized Facebook over civil rights issues on the platform.
Markets Take Sharp Turn Down After Fed Hikes Interest Rates
Stocks plunged following the Federal Reserve's decision to hike interest rates for the fourth time this year, despite heavy criticism from President Trump that the central bank has been too aggressive in raising borrowing costs.
