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The White House is preparing a supplemental funding request to submit to Congress, which includes money for Israel, Ukraine, Taiwan, and U.S. border security, according to Reuters citing NBC News.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 5:25 pm

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U.S. Representative Norman has announced that a House floor vote on the Speaker will take place at 3 p.m. on Wednesday.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 5:23 pm

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U.S. Representative McCaul has announced that a House floor vote on the Speaker could occur as early as 3 p.m. on Wednesday. Republicans are expected to work out unity in the next few hours.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 5:23 pm

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Republicans in the U.S. House of Representatives have nominated Steve Scalise to be the Speaker. The news does not provide any direct financial implications for any specific companies or ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 5:07 pm

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US Treasury Secretary Janet Yellen has praised Ukraine's performance on its $15.6 billion IMF program, stating that continued efforts are vital for the country's recovery and reconstruction.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 5:06 pm

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US Treasury Secretary Janet Yellen emphasized the importance of increasing support for countries dealing with food security consequences due to Russia's war in Ukraine. She also praised Ukraine's efforts in combating corruption, stating that continued efforts are key to the country's future.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 5:05 pm

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U.S. Treasury Secretary Janet Yellen has expressed robust support for Ukraine and condemnation of Russia's aggression. She pledged 'unwavering support' to Ukraine 'for as long as it takes'.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 5:05 pm

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The U.S. Energy Information Administration (EIA) has revised its forecast for total petroleum consumption in the U.S., now expecting it to rise by 100,000 barrels/day to 20.2 million barrels/day in 2024, down from a previous forecast of a 200,000 barrels/day increase. Additionally, OPEC+ members are expected to decrease crude oil output by 300,000 barrels/day in 2024 compared to 2023.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 4:55 pm

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USO

The U.S. Energy Information Administration (EIA) has revised its forecast for U.S. crude oil production, now expecting it to rise by 200,000 barrels/day to 13.12M barrels/day in 2024. This is a significant decrease from the previously forecasted rise of 380,000 barrels/day.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 4:54 pm