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Congress Moves to Avert Shutdown Amid Economic Uncertainty

1/31/2026

42 3 Full Breakdown

Summary

Story summary

The U.S. Congress is finalizing a federal spending plan to avert a government shutdown on January 30, 2026.
The Senate has passed five spending bills, while the House's response remains uncertain on funding for Department of Homeland Security and Immigration and Customs Enforcement.
The December Producer Price Index rose 0.5%, exceeding expectations.
The USDA's Cattle Inventory Report is due at 3 PM ET and is expected to show herd rebuilding.

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Story summary

The U.S. Congress is finalizing a federal spending plan to avert a government shutdown on January 30, 2026.
The Senate has passed five spending bills, while the House's response remains uncertain on funding for Department of Homeland Security and Immigration and Customs Enforcement.
The December Producer Price Index rose 0.5%, exceeding expectations.
The USDA's Cattle Inventory Report is due at 3 PM ET and is expected to show herd rebuilding.