archiveUS budget deficit

May 22, 2025 10:33 PM ISTUS Stock Market LIVE Updates: Solar Power Stocks Plunge as GOP House Bill to Gut SubsidiesInvestors of clean-power stocks are running for the exits after a massive tax and spending bill that would gut former President Joe Biden’s landmark climate law narrowly passed the House of Representatives.   The bill now moves to the Senate, where some lawmakers are skeptical of provisions that would end subsidies for green energy years earlier than planned. But even as some Wall Street analysts suggested a final bill isn’t...

US Stock Market Live: Wall Street saw one of its most brutal selling sessions overnight in over a month as rising deficit worries led to a spike in bond yields, which in turn hit sentiment around equities. The run-up seen from lower levels also was a big factor in investors choosing to take money off the table as uncertainties rose. Watch this space for all the live updates.US Stock Market Live: Wall Street saw one of its most brutal selling sessions overnight in over a month as rising deficit worries...