Tokyo stocks experienced a dramatic drop on the last day of Japan's fiscal year, with the Nikkei index plunging 4% to a seven-month low, fueled by fears over U.S. tariffs impacting the economy.
With hours left to avoid a government shutdown, Senate Democrats face a tough choice: support a controversial spending bill that grants Trump extensive power or risk a lapse in funding. Chuck Schumer insists a shutdown is not an option.
As Congress prepares to vote on a funding bill to prevent a government shutdown, President Trump's influence appears to sway hardline Republicans. Will bipartisan support stabilize the government amid budget cuts?
Speaker Mike Johnson proposes a clean government funding extension to prevent a shutdown, aiming to incorporate cuts from Elon Musk’s efficiency initiative for fiscal year 2026.