US Congress

Congress Votes to Extend Government Funding, Avoiding Shutdown

A short-term budget package that would keep federal agencies funded until March and prevent an impending partial government shutdown was delivered to President Joe Biden by Congress on Thursday.

Congress Strikes Temporary Truce, Avoiding Financial Cliffhanger

A deal reached by Congressional leaders on the total amount of spending for the current fiscal year may help avert a partial government shutdown later this month.

US Congress Delayed Work on Puerto Rico Debt Relief Bill, Blaming Obama Administration

The U.S. Congress has delayed work on Puerto Rico debt bill. Originally, the bill was scheduled to be the subject of hearing on Wednesday before receiving final amendments on Thursday. After that, it will be sent for debate on the House.

Puerto Rico Desperately Needs US Help to Handle Debt

Puerto Rico, the island territory of U.S. is in the crisis due to its surmounting debt. Governor Alejandro Garcia Padilla repeated the island's debt will lead to moratorium.

Budget legislation nearing approval for More Budget to fight Wildfires

Budget legislation closes in on an approval by Congress for an additional $610 million to fight wildfires in 2016, bringing the budget to $1.6 billion.

Tax Extenders Bill will benefit America's startup sector in a big way

The new $622 billion tax package the House of Representatives approved on Thursday will benefit greatly from this.

Congress to abolish crude export restrictions, oil refiners to receive $3 a barrel tax break

Forty year old oil export restrictions to be lifted in exchange of tax credit conditions from the Democrats.

Japan, US rule out re-opening of trade pact

The US and Japan administrations have ruled out any possibility of re-negotiating the just-concluded TPP pact among 12 nations. It took over five years to make the TPP deal and at this stage it's not possible to re-open the trade negotiations.

U.S. Congress to push for new debt limit

The US congress is in session to finalize a new budget deal as the government money is running low. The new debt limit has been the center of discussion as current House Speaker, John Boehner is planning to solve the issue before his retirement.

Latest Stories

Utah: The Entrepreneur's Paradise for Small Business Success

Have you ever thought about packing up your entrepreneurial dreams and heading to Utah? No. Me either! Well, according to a recent WalletHub study, it appears that the Beehive State is buzzing with opportunities for small business owners, particularly in its southern cities.

Cardano's Bull Run: Why 2024 Could Be Its Best Year Yet

Cardano (ADA) is a blockchain platform known for its emphasis on security and sustainability. As we inch closer to 2024, the buzz around Cardano Stocktwits has reached a fever pitch, with enthusiasts and skeptics alike voicing their predictions.

Base Meme Coins: The Whimsical Assets That Turned Enthusiasts into Millionaires

Originating from the innovative corridors of Coinbase, one of the leading cryptocurrency exchanges, Base represents a foundational layer for the creation and exchange of digital assets.

AI Altcoins Set to Skyrocket: Top Picks for Investors

AI altcoins are quickly becoming the new gold rush. As someone who's been around the block a few times (crypto block, that is), I've seen trends come and go, but the fusion of artificial intelligence and blockchain technology feels like we're on the cusp of something revolutionary.

Realio Network RIO: The RWA Crypto Gem Poised for Explosive Growth

The Realio Network (RIO) stands out not just as another promising asset but as a potential cornerstone in the realm of Real World Assets (RWAs). With its eyes firmly set on revolutionizing private equity through digital tokenization, Realio isn't just playing the game-it's changing how the game is played.

Must Read

Bitcoin ETF Frenzy: Is This the Time to Buy In, or a Recipe for Disaster?

The new spot Bitcoin exchange-traded funds (ETFs) have been a huge success by almost every significant indicator. They have already brought in over $30 billion in assets under management as a group.

Bizarre Tax Deductions You Might Actually Claim

While many tax deductions are well-known, such those for business supplies and charity contributions, some are less well-known. Here's a look at how tax deductions operate and three that you might find surprising as tax season approaches.

Inflation Hedge or Hype? Weighing the Pros and Cons of Owning Gold

Many were dismayed by a study released last week that showed inflation was increasing month over month, but it also highlighted how important it is to have a diverse portfolio. With one, investors can more effectively counteract the negative effects of rising interest rates intended to control inflation. Using gold and silver to diversify is also a good strategy.

Hot Housing Market Cooling? Sell Now, But Prepare for Price Negotiation

The ideal time to sell for homeowners planning to sell this year is still in the spring, but you might want to modify your expectations.

Spenders Stay Strong: Rising Prices Don't Deter Shoppers, Should You Be Worried?

In March, Americans increased their spending faster than anticipated, demonstrating resiliency in the face of inflationary pressures and other economic difficulties.

Stay Connected with Money Times

` `