• AAP16 minutes ago

    International markets roundup

    NEW YORK: Wall Street has risen, led by gains in consumer stocks, even as a possible government shutdown loomed. The S&P 500 and the Nasdaq hit record closing highs, while the Dow ended the day higher ...

  • $A is lower against a pressured $US
    AAP35 minutes ago

    $A is lower against a pressured $US

    The Australian dollar is lower against a US counterpart weighed down by the threat of a US government shutdown. At 0635 AEDT on Monday, the Australian dollar was worth 79.99 US cents, down from 80.14 US ...

  • AAP3 hours ago

    Plan to build electric cars at SA site

    British billionaire Sanjeev Gupta has reportedly floated a plan to build electric cars at South Australia's shuttered Holden factory,. The state's Treasurer Tom Koutsantonis has written to the factory's owner General Motors in support of the plan which would see Mr Gupta buy some of the

  • Trump calls for new rules to end shutdown
    AAP5 hours ago

    Trump calls for new rules to end shutdown

    US President Donald Trump says if the government shutdown stalemate continues, Republicans should fund the government by changing Senate rules, which currently require a super-majority for appropriations bills to pass. "The Dems (Democrats) just want illegal immigrants to pour into our nation unchecked

  • AAP20 hours ago

    Australian market set for positive start

    The Australian sharemarket is expected to start the week on a positive note as investors shrug off the impact of the US government shutdown. CommSec chief economist Craig James said global markets rallied on Friday night Australian time, despite being well aware of the prospect of a US shutdown. Mr

  • No sign of US budget shutdown resolution
    AAP23 hours ago

    No sign of US budget shutdown resolution

    Republicans and Democrats are showing no signs of ending their standoff over immigration and spending as Americans awoke to the first day of a government shutdown and Congress staged a weekend session to show voters it was trying to resolve the stalemate. The closure of many government agencies was

  • Shutdown busts Trump's deal maker image
    AAPyesterday

    Shutdown busts Trump's deal maker image

    For President Donald Trump, this weekend was supposed to be a celebration. Instead, Trump stayed in Washington after failing to win passage by the US Congress of a stopgap bill to maintain funding for the federal government. "This is the One Year Anniversary of my Presidency and the Democrats

  • US government shutdown begins
    AAPyesterday

    US government shutdown begins

    The US government shut down at midnight on Friday after Democrats and Republicans, locked in a bitter dispute over immigration and border security, failed to agree on a last-minute deal to fund its operations. In a late-night session, senators blocked a bill to extend government funding through February

  • Shutdown deadline passes in US Senate
    AAP2 days ago

    Shutdown deadline passes in US Senate

    The US federal government has officially run out of funding at midnight on Saturday, after the Senate failed to pass a short-term spending bill to avert a shutdown. A late Friday evening Senate vote on a House funding bill failed to garner 60 votes needed. If the shutdown lasts beyond the weekend,

  • US Senate fails to approve funding
    AAP2 days ago

    US Senate fails to approve funding

    US government shuts down as Congress fails to overcome standoff over spending and immigration.

  • AAP2 days ago

    What happens in a US govt shutdown?

    MILITARY The Defense Department said a shutdown would not affect the US military's war in Afghanistan or its operations against Islamist militants in Iraq and Syria. All 1.3 million military personnel ...

  • Hectic negotiations ahead of US shutdown
    AAP2 days ago

    Hectic negotiations ahead of US shutdown

    Congress members were racing against the clock to avert a US government shutdown but it was not clear if hectic negotiations would bring a deal before a midnight deadline. The vast majority of Democratic senators have said they would not support the bill unless it includes protections for hundreds of

  • Congress faces looming govt shutdown
    AAP2 days ago

    Congress faces looming govt shutdown

    The US Congress is racing the clock to avoid a federal government shutdown before a midnight deadline on Friday after a meeting between President Donald Trump and Democratic Senate leader Chuck Schumer failed to produce a deal. Trump invited Schumer to the White House for talks as a stopgap bill to

  • AAP2 days ago

    No deal reached in US budget talks

    Democratic Senate leader Chuck Schumer has met with President Donald Trump at the White House to search for ways to avert a US government shutdown, but he said afterwards that disagreements remained as the clock ticked toward a midnight deadline to pass a funding bill. Trump invited Schumer to the White