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The House is paralyzed as lawmakers consider next steps following Speaker McCarthy's

I believe I can continue to fight maybe in a different manner.

I will not run for Speaker again, I'll have the conference pick somebody else.

A sudden sell-off in bonds sends rates surging and cast doubt on the prospect of an economic

soft landing. And the tech giant predicting AI will have superhuman capabilities by 2030.

It's Wednesday, October 4th. I'm Keith Collins for the Wall Street Journal and here's the

AM edition of What's News, the top headlines and business stories moving your world today.

The House of Representatives is paralyzed after Speaker

Kevin McCarthy was ousted yesterday in an unprecedented action.

He says he won't try to reclaim the gavel and no GOP members, including others in the leadership,

as well as those in the small dissident group who helped orchestrate McCarthy's exit,

have indicated they want the job. Joining me now with more is Wall Street Journal

Washington reporter Christina Peterson. Christina, what is on the immediate agenda for House

lawmakers as they step into the unknown here? Is there any indication there could be any sort

of quick path out of this crisis? Well, the first step is that they're going to have to elect a new

House Speaker. It's going to take a little bit of time because I don't think anyone saw House

swiftly former Speaker Kevin McCarthy would be ousted and no one knew if he would want to run

again. There were all sorts of theories that potentially he could try and mount a comeback,

...