House Republicans Aim to Pass Short-Term Spending Bill to Avoid Government Shutdown
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Top House Republicans moved to pass a stopgap spending bill needed to avoid a government shutdown, after GOP leaders scrapped a partisan proposal prioritizing military funding ahead of the weekend deadline.
Bank and Energy Shares Pull U.S. Stocks Higher
Shares of banks and energy firms rose Thursday to help major indexes snap a two-day losing streak.
Fannie, Freddie Modify Repayment Agreements With U.S.
Mortgage-giants Fannie Mae and Freddie Mac will retain some of their quarterly earnings as part of an agreement between the Trump administration and their regulator to allow them to build a small capital buffer against future operating losses.
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U.S. Output Grew 3.2% in Third Quarter
U.S. output grew at a 3.2% annual rate in the third quarter, the government said Thursday, a touch below a prior estimate but pointing to economic momentum ahead of a major tax cut.
U.S. Jobless Claims Rose Last Week
The number of Americans filing applications for new unemployment benefits rose last week, but remain near historic lows, helping to wrap up a year of historic lows for different U.S. employment measures.
Fed Study Finds Continued Growth in Credit-Card Payments
Americans increasingly relied on credit cards to make payments in 2016, and made more of those payments remotely, according to new data the Federal Reserve.
Cryptocurrency Founder Tries a New Play: Sell It All
The creator of litecoin, one of the major cryptocurrencies that competes with bitcoin, said he sold his stake, a major about-face in a world often characterized by true believers and tech evangelists.
Japan's Central Bank Gives No Hints of Policy Change
Bank of Japan Gov. Haruhiko Kuroda poured cold water on speculation that the central bank is preparing the ground for raising interest rates next year amid a global wave of policy tightening by central banks led by the Federal Reserve.
Investors: 3 Things That Can Go Wrong in 2018
Investors who spend their holidays looking back at what's happened this year will be wallowing in happy nostalgia. But investing is about the future, not the past, so break away from the complacency-inducing returns of 2017 and think about what could go wrong.
Oil Prices Edge Up on Bullish Sentiment
Oil prices rose Thursday as investors jumped back into the market, after prices had pushed lower on news that a damaged pipeline could soon come back online.
(END) Dow Jones Newswires
December 21, 2017 17:15 ET (22:15 GMT)