Bloomberg Business

Stocks Snap Two Days of Losses; Bonds End Mixed: Markets Wrap

(Bloomberg) — US stocks ended Wednesday’s session with gains as traders weighed the concerns Federal Reserve officials voiced during their last policy meeting against key data showing the economy is slowing. Treasury yields slipped.

McCarthy’s Losing Streak Hits Six Votes as GOP Holdouts Dig In

(Bloomberg) — House GOP leader Kevin McCarthy suffered yet another stunning blow at the hands of a group of Republican dissidents, who blocked him from becoming speaker in a sixth round of voting and turned the first days of the party’s control of the chamber into a scene of chaos and dysfunction.

Biden-McConnell Comity Is Sharp Contrast to GOP’s Speaker Mayhem

As Republican leader Kevin McCarthy fought party hardliners in a faltering bid to become US House speaker, his GOP counterpart in the Senate was almost 500 miles away from Washington — celebrating a landmark bipartisan accomplishment with the Democratic president.

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