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Cannabis Stocks Are Hot Ahead of a House Panel Hearing on a Federal Legalization Bill
Investor optimism over the possibility of federal cannabis legalization has contributed to a strong rally in beaten-down pot stocks.
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Republican Super PACs Outraise Democratic Rivals Ahead of Midterm Congressional Elections
Republican-led super PACs outraised their Democratic rivals in the latter half of last year, giving them more firepower ahead of this year’s midterm elections.
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Here's What to Watch for as Biden Decides on His Supreme Court Pick
Biden reaffirmed his campaign vow to nominate a Black woman to replace Justice Stephen Breyer on the Supreme Court and plans to announce his choice this month.
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Majority of Borrowers Say Taking on Federal Student Loan Debt Is Not Worth It, CNBC Survey Finds
A new CNBC + Acorns Survey finds more than half of federal student loan borrowers now say taking on that debt was not worth it.
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House Debuts Long-Awaited Response to Senate's China Competition, Semiconductor Bill
The House of Representatives on Tuesday debuted a bill designed to boost U.S. semiconductor manufacturing and competition with China.
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Schumer Delays Voting Rights Votes Until Next Week as Democrats Face Filibuster Fight
Senate Republicans are set to block two voting rights bills, leading Democrats to consider filibuster changes to pass them.
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Democrats Look to Salvage Tattered Legislative Agenda as They Face 2022 Midterm Elections
President Biden’s Build Back Better Act, government funding, Fed nominations, voting rights, and a research and development bill are all on Congress’ to-do list.
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5 Things to Know Before the Stock Market Opens Tuesday
Dow futures bounced higher Tuesday, one day after a big slide on Wall Street capped three straight down sessions.
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Senate Will Vote on Biden's Social Spending Plan Next Year Despite Manchin's Opposition
Chuck Schumer said the Senate will vote on the Build Back Better Act, but it is unclear if Democrats can revive the social and climate plan in any form.
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It's Not Just Joe Manchin: Here's What Stands in the Way of Democrats Passing Biden's Social-Spending Bill
Democrats have pushed a Senate vote on the Build Back Better Act into next year, and Sen. Joe Manchin is just one of the hurdles they have to clear.
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Democrats Are Unlikely to Pass Biden's Social Spending Plan This Year — Here's What It Means
Opposition from Sen. Joe Manchin has made it unlikely the Build Back Better Act will pass the Senate this year, so Democrats may turn to a voting rights bill.
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House Passes Debt Ceiling Increase, Sending It to Biden to Avoid Default Hours Before Deadline
Congressional Democrats voted to raise the debt ceiling, avoiding the risk of default with only hours to spare.
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Senate Majority Leader Chuck Schumer Calls Paid Leave ‘One of the Most Important Planks' in Build Back Better
Sen. Chuck Schumer said he supports a paid family and medical leave proposal that’s being considered. But it may face opposition from other Senate leaders.
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Starbucks Will Have at Least One Unionized Cafe in Buffalo, New York — a U.S. First for the Chain
Starbucks workers in Buffalo, New York, voted to unionize at least one cafe.
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Resuming Student Loan Payments May Put Economic Recovery at Risk, Senators Say
Requiring student loan borrowers to restart their payments will strip $85 billion from 18 million American families over the next year, an analysis shows.
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Senate Votes to Block Biden Vaccine Mandate, Which Has Already Hit Roadblocks in Court
The Senate voted to block President Biden’s vaccine mandate on private employers, but the president will likely veto the bill if it comes to his desk.
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Wall Street Economists Are Confident Biden's Build Back Better Bill Will Become Law – and Boost Infrastructure Firms
Economists at Goldman Sachs, Evercore ISI, Morgan Stanley and J.P. Morgan have written that passage of Biden’s Build Back Better plan is a matter of time.
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Congress Hopes to Avoid a Government Shutdown as Friday Deadline Approaches
Washington and Wall Street were optimistic Monday that Congress can pass a bill to fund the government and avert a partial shutdown before a Friday deadline.