Economics

Global stocks rallied and Wall Street climbed after U.S. senators advanced a measure to end the government shutdown, pushing the FTSE 100 to a record high.

Cas Mudde, Alberto Bisin, Cem Işık, Victor Asal, Michael D. McDonald and 22 more

The Wall Street Journal, The Telegraph, Financial Times and 2 more

President Trump proposed paying most Americans $2,000 each from U.S. tariff revenues, but the plan faced Supreme Court skepticism and legal and inflation risks.

Richard Baldwin, Justin Wolfers, Hakan Yilmazkuday, Daniel W. Drezner, Dean Baker and 26 more

Nvidia led gains as Wall Street rallied after signs the U.S. government shutdown was nearing an end, lifting investor optimism and driving a broad tech-led advance.

Laurence J. Kotlikoff, Cem Işık

PP leader Alberto Núñez Feijóo accused Spanish Prime Minister Pedro Sánchez of breaking judicial independence and interfering with the Supreme Court after Sánchez publicly defended the attorney general as "innocent."

German Economy Minister Katherina Reiche called for an "Agenda 2030" urging structural reforms and subsidy reviews in a Berlin keynote, a move likely to displease SPD colleagues.

Katja Rietzler

U.S. senators reached agreement on a deal that could end the record-long government shutdown, and Wall Street rallied as global markets followed.