By Stephen Culp NEW YORK (Reuters) -Wall Street stocks turned sharply lower on Tuesday and Treasury yields dipped as revived trade tensions between Washington and Beijing and the prolonged U.S. government shutdown doused investor risk appetite. All three major U.S. stock indexes veered deep into negative territory in early trading, with megacap momentum stocks pulling…
Naomi Pyle isn’t sure if her husband’s next paycheck from the U.S. Navy will arrive on Wednesday. The couple, who are raising two children in San Diego, California, were already struggling to make ends meet before the government shutdown on October 1, Pyle, 30, told CBS News, adding that the family won’t be able to…
Updated 10m ago House Democrats to meet today while House remains out of session this week The House hasn’t been in session since Sept. 19, after passing a measure to fund the government until Nov. 21. And the House is still on recess this week after GOP leadership canceled votes. Republicans say the lower…
California Gov. Gavin Newsom has ridiculed Donald Trump after the president was recorded struggling with an open umbrella while boarding Air Force One. Newsom, who has been ruthlessly trolling MAGA figures such a Trump online for months, used the embarrassing clip of the president to attack the 79-year-old for the ongoing government shutdown. “The only…
Pain for federal workers as government shutdown continues – CBS News Watch CBS News Federal employees will receive reduced paychecks this week as the government shutdown continues. Taurean Small has more. Source link
US President Donald Trump (Photo credit: ANI) The government shutdown in the United States began on October 1, with no end in sight. As a consequence of the budget freeze, US President Donald Trump has already announced the first layoffs of federal employees. But what does the term “shutdown” actually mean? And how long could…
Thousands of federal workers get layoff notices in a government shutdown first – CBS News Watch CBS News Ukraine’s President Volodymyr Zelenskyy is hoping for peace in his country’s war with Russia after speaking to President Trump over the phone. Taurean Small has the latest. Source link
Funds have been identified and will be used to pay military members on October 15 despite the government shutdown, President Donald Trump said in a post on Truth Social Saturday. “I am using my authority, as Commander in Chief, to direct our Secretary of War, Pete Hegseth, to use all available funds to get our…
Travelers planning to fly into or out of U.S. airports could feel the impact of staffing issues, which continue to build as the government shutdown reached its 10th day Friday. The “national picture today looks a little messy,” CBS News senior transportation correspondent Kris Van Cleave said from Los Angeles International Airport on Friday. Across the…
Updated 19m ago No scenario “at this moment” in which House returns before Senate passes GOP funding bill, Johnson says House Speaker Mike Johnson said Thursday there is no scenario “at this moment” in which the lower chamber returns before the Senate passes Republicans’ seven-week stopgap measure. “I’ll tell you why,” he told CBS…