Dec 8, 2017

U.S. government funded through Dec. 22

.@POTUS just signed H.J. Res 123 - the short term CR that provides FY18 appropriations to fund the fed govt thru Friday Dec. 22.— Sarah Sanders (@PressSec) December 8, 2017

Why it matters: Congress now has until right before Christmas to work out a deal to keep the government funded into 2018. Efforts to keep the government open could still be derailed by fights over immigration.

Go deeper: NPR explains how the fight over immigrants brought to the country illegally as children could upend spending talks.

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The NFL warms up to betting

Photo: Jim McIsaac/Getty Images

Starting this season, NFL teams in states with legal sports betting will be allowed to have in-stadium betting lounges and accept sponsorships from sportsbooks and betting operators, per multiple reports.

One caveat: There will not be any physical betting windows in the lounges, so they're more "hangout spots for bettors" than an actual "places to make bets."

Situational awareness

President Trump and First Lady Melania Trump at the Taj Mahal. Photo: Mandel Ngan/AFP via Getty Images

Coronavirus shakes the global economy

Health workers spray disinfectant in Seoul on Feb. 24. Photo: Chung Sung-Jun/Getty Images

New cases of the novel coronavirus have rocked asset prices in Japan, South Korea and Italy, as those nations and others have ratcheted up emergency efforts to contain the outbreak.

What's happening: Asian stock markets continued to tank overnight, as South Korea's Kospi dropped nearly 4%, Australia's ASX fell by 2.3% and Hong Kong's Hang Seng declined by 1.8%. MSCI’s index of Asia-Pacific stocks outside Japan touched its lowest since early February.