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Senate passes short-term government funding bill averting shutdown

(WASHINGTON) -- Senate leaders voted Wednesday night in favor of the short-term government funding bill the House passed Tuesday night ahead of Friday's shutdown deadline.House Speaker Mike Johnson pitched a two-step plan that he described as a "laddered CR" -- or continuing resolution -- ...
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McCarthy expresses optimism on averting government shutdown

(WASHINGTON) -- To avert a shutdown, Speaker Kevin McCarthy said the House should still try to pass a Republican short-term funding measure next week in addition to the individual spending bills, despite GOP holdouts."I would like to -- you need to -- because I ...
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High-stakes economic releases to test hope of averting recession

(NEW YORK) -- Alarm over a possible recession has blared for well over a year, but in recent months a cooldown of inflation alongside resilient job gains has quieted the din.Growing optimism among some forecasters that the economy could avoid a recession altogether, however, ...
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House passes $1.7T spending bill, sending measure to Biden, averting shutdown

(WASHINGTON) -- The House on Friday passed a sweeping $1.7 trillion spending bill that will keep the government from running out of money at midnight and send an additional $45 billion to Ukraine.The measure now goes to President Joe Biden for his signature.The bill ...
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Senate passes $1.7T spending bill, including Ukraine aid, getting one step closer to averting shutdown

(WASHINGTON) -- The Senate on Thursday reached a last-minute deal on a sprawling $1.7 trillion package to keep the government funded through the next fiscal year -- and send more aid to Ukraine -- while getting one step closer to averting a shutdown just ...
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Biden signs bill aimed at averting rail strike, says nation avoided ‘catastrophe’

(WASHINGTON) -- President Joe Biden on Friday signed legislation aimed at averting a nationwide rail strike while acknowledging that workers didn't get everything they wanted.Biden, speaking from the Roosevelt Room, said the bill "ends a difficult rail dispute and helps our nation avoid what ...
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Boeing workers approve contract after averting strike

(ST. LOUIS) -- Nearly 2,500 Boeing workers at three St. Louis-area facilities on Wednesday accepted a contract offer from the plane manufacturer after calling off a strike planned for earlier this week.In recent weeks, a dispute over the three-year contract centered on retirement compensation. ...
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Biden signs short-term funding bill, averting government shutdown through February

(WASHINGTON) -- President Joe Biden has signed a short-term funding bill to keep the government open until Feb. 18, 2022, narrowly averting a shutdown that loomed for Friday, the White House said.At the top of earlier remarks on the November jobs report Friday, Biden ...