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Measure averting government shutdown did not include demand by president-elect to raise debt ceiling

The US Senate has approved a stop-gap funding measure to avert a government shutdown shortly after a midnight deadline with a bill that defied Donald Trump’s demand for a debt-limit suspension. The legislation next goes to Joe Biden’s desk for his signature.

The Senate passed the bill in an 85 to 11 vote, hours after an overwhelmingly bipartisan 366-34 vote in the House. It was passed 38 minutes after the deadline but the government did not invoke shutdown procedures in the interim.

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21.12.24 12:00

by theguardian.com

UK house price predictions for 2025: with pay rising and rates falling, they’ll...

Nothing seems to stop the relentless march of property values, even with a stamp duty increase looming

It’s been a bumpy ride for the housing market in recent years, after Liz Truss’s disastrous mini budget of September 2022 created a surge in borrowing costs that have cost many households dearly.

But despite elevated mortgage and rent costs, the market this year has turned out to be “surprisingly resilient”, according to Nationwide building society. Experts had expected house prices to stay flat or fall, but average prices are expected to have risen by more than 3% in 2024, after falling by 1.4% in 2023.

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