WASHINGTON (AP) — Republicans said they were determined to make President Barack Obama heed the Constitution as they began muscling legislation through the House on Wednesday authorizing an election-year lawsuit asserting he has exceeded his executive powers.
Wall Street stocks Wednesday moved higher in early trade following a surprisingly strong report on second-quarter US growth and earnings results from Twitter that sent the social network's shares soaring. The Commerce Department said US economic growth came in at 4.0 percent in the second quarter on the back of strong private investment and consumer spending. Markets are waiting for a policy decision from the US Federal Reserve at 1800 GMT. Twitter bolted 22.6 percent higher after revenues more than doubled from a year ago to $312 million in the three months that ended June 30, with the number of monthly active users hitting 271 million, up 24 percent year-over-year.