Congress needs to pass a spending bill before Sunday to avoid a shutdown. However, lawmakers remain at odds over the funding, with some House Republicans pushing for deep spending cuts that are unlikely to survive in the Democratic-controlled Senate.
The U.S. has avoided a recession thus far in 2023, thanks to consumer resiliency and a strong job market. However, industry economists are watching to see whether the UAW strike and other events will detract from growth — and how wholesale used-car prices may be affected.
Dennis Cokenour has joined Intracoastal Bank, Daytona Beach, as credit manager.
Robbie Wilson has joined Intracoastal Bank, Daytona Beach, as controller and risk officer.
Lauren M. Colella has joined Latham, Luna, Eden & Beaudine, LLP, Orlando, as an associate attorney in the Public Finance and Real Estate department.
Sarah M. Dinon has joined Latham, Luna, Eden & Beaudine, LLP, Orlando, as an associate attorney in the Commercial Litigation and Bankruptcy department.
Rosannie T. Morgan has joined McDonald Toole Wiggins P.A., Orlando, as an associate attorney.
Peggy Smith Bush, special counsel, Marshall Dennehey, Orlando, received the University of North Alabama 2023 Alumni Award for Public Service.
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By KEVIN FREKING and STEPHEN GROVES (Associated Press)
WASHINGTON (AP) — A government shutdown appeared all but inevitable as House Speaker Kevin McCarthy dug in Thursday, vowing he will not take up Senate legislation designed to keep the federal government fully running despite House Republicans’ struggle to unite around an alternative.
Congress is at an impasse just days before a disruptive federal shutdown that would halt paychecks for many of the federal government’s roughly 2 million employees, as well as 2 million active-duty military troops and reservists, furlough many of those workers and curtail government services.
But the House and Senate are pursuing different paths to avert those consequences even though time is running out before government funding expires after midnight on Saturday.
“I still got time. I’ve got time to do other things,” McCarthy told reporters Thursday evening at the Capitol, adding, “At the end of the day, we’ll get it all done.”
The Senate is working toward passage of a bipartisan measure that would fund the government until Nov. 17 as longer-term negotiations continue, while also providing $6 billion for Ukraine and $6 billion for U.S. disaster relief.
Robo-advisers are a great choice for investors who want to simplify their investment management at costs below that of traditional financial advisers. In fact, some robo-advisers don’t even charge an annual management fee.
Here’s what else you should know about robo-advisers and five that will manage your money without a fee.
Robo-advisers use algorithms to build an investment portfolio for you based on your answers to a handful of questions about your risk tolerance and investment goals. Many robo-advisers also offer other features such as tax-loss harvesting and automatic rebalancing, which can boost your returns and make investing as hands-off as possible.
The best robo-advisers have fees that are considerably lower than those of traditional financial advisers and you can typically get started with a limited investment. Some robo-advisers will manage small amounts of money for free, while others don’t charge a management fee at all. Keep in mind that you’ll typically still pay fees for the funds that are used to build your portfolio.