Kevin McCarthy has reportedly agreed to cap aid to Kiev to win support from colleagues who were blocking his election as speaker Newly elected US House Speaker Kevin McCarthy reportedly won over the final few votes needed to secure the gavel by promising conservative lawmakers that he will help pass legislation that would limit future…
The Dow and the Nasdaq tumbled amid a broad sell-off after the Fed hiked key rate US markets fell sharply on Thursday in Wall Street’s worst day since 2020, eviscerating all the gains from the previous day, after the US Federal Reserve announced plans to raise the key interest rate.