Trump Ally Jordan Loses Third Speaker Vote With Support Fading
Trump loyalist Jim Jordan lost a third vote for House speaker Friday as more Republican lawmakers abandoned the GOP nominee and a sense his candidacy was doomed spread within his party.
Trump loyalist Jim Jordan lost a third vote for House speaker Friday as more Republican lawmakers abandoned the GOP nominee and a sense his candidacy was doomed spread within his party.
Stocks declined around the world, bonds climbed and oil hit $90 a barrel amid investor concern that the Israel war with Hamas will escalate into a wider conflict in the Middle East.
A bipartisan group of US senators arrived in Saudi Arabia as part of a trip through the region aimed at keeping Saudi-Israeli diplomacy on track and trying to prevent Israel’s conflict with Hamas from spreading into a wider war.
The market for sustainability-linked bonds, which is worth more than $250 billion, looks set to witness a rare trigger event as its biggest issuer appears on track to miss a key target tied to the debt.
A massive wager that the Federal Reserve would raise interest rates again in November is in full-blown collapse.
Kremlin troops are suffering major losses at the moment, said President Volodymyr Zelenskiy, who added that Kyiv’s forces are “holding their ground and destroying the occupier day after day” around Avdiivka in the nation’s east. “Russian losses are really staggering, and it is precisely losses by the occupier that Ukraine needs,” Zelenskiy said after meeting with troops and commanders, including top soldier Valeriy Zaluzhnyi, in Mykolayiv in the nation’s south.
Regions Financial Corp. slumped as much as 16% after warning it expects further declines in net interest income as higher rates continue to take a toll on the bank.
There are fresh concerns that Israel’s war with Hamas will spark a wider conflict in the energy-producing Middle East, as leaders from around the region prepare to gather in Cairo for a summit on the crisis. Germany and China are also sending envoys to the meeting.
Mexico’s lower house of Congress voted to give Petroleos Mexicanos an even bigger tax reduction than that proposed by the government in the 2024 budget, potentially providing more relief to the indebted state-owned oil company.
Stocks fell around the globe, bonds climbed and oil hit $90 a barrel on concern that the Israel war with Hamas will escalate into a wider conflict in the Middle East.