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After Trump and Musk scuttled prior bipartisan deal, Republicans denied Trump-backed package

The US House of Representatives passed a funding proposal Friday evening just hours before the US government was due to shut down, with a bill that dropped Donald Trump’s demand for a debt limit increase.

The bill, which passed 366-34, approves government funding for three months and will be sent to the Senate, where it is expected to pass.

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30.12.24 03:40

by theguardian.com

Japan’s Nikkei and Germany’s DAX share indices both post 19% gains in 2024 – as...

Rolling coverage of the latest economic and financial news

Japan’s blue-chip stock index has ended the year at its highest year-end finish on record, despite a small selloff today.

The Nikkei stock average ended down 386.62 points, or almost 1%, today at 39,894 points.

“There was much optimism in the first half of the year with hope for a favorable cycle in which wages increase in tandem with prices, alongside the weak yen for corporate profits.”