Schroders: congressional gridlock may prove costly this time City Talk This year’s US midterms look set to produce a divided government in Washington. Investors have historically viewed congressional gridlock as market-friendly, but that assumption may no longer hold, says George Brown Midterm elections are often a painful reckoning for the party in power, with current polling suggesting the Republicans are unlikely to escape that fate. [...]
Donald Trump and Elon Musk urged to end feud Politics Republicans fearful about potential consequences of a prolonged feud between US President Donald Trump and Elon Musk are urging the pair to call a truce. At a minimum, the explosion of animosity between the two powerful men could complicate the path forward for Republicans’ massive tax and border spending legislation that has been promoted by [...]