The Trump administration is doubling down on threats to lay off thousands of federal employees if Congress doesn’t end the government shutdown soon, but has yet to deliver on its ultimatum. President Donald Trump told reporters Sunday night that layoffs were “taking place right now.” But in a press briefing Monday, White House Press Secretary…
US stock futures leaned higher on Monday as the federal government shutdown entered another week, eyeing a return to a strong rally that has pushed major indexes to fresh record highs. Dow Jones Industrial Average futures (YM=F) nudged up 0.1%, while those on the S&P 500 (ES=F) gained 0.3%. Contracts on the tech-heavy Nasdaq 100…
US stock futures were mixed Sunday night as the federal government shutdown entered another week, as Wall Street looked to build on a strong run for equities that pushed major indexes to fresh record highs. Futures tied to the Dow Jones Industrial Average (YM=F) pushed up 0.5% while contracts on the S&P 500 (ES=F) hovered…
For many Americans, across party lines, concern over the government shutdown means concern about its potential impact on the economy, among other things. Therefore, many don’t think either party’s position is worth having a shutdown over. Given that, no one is looking especially good politically at the moment. President Trump, congressional Democrats, and Republicans are…
Investors largely shrugged off the start of the US government shutdown, with the major indexes continuing to notch record highs as Wall Street leaned on AI momentum and expectations for further easing of interest rates by the Federal Reserve. The stock market rally, led by large-cap tech, comes even as Washington gridlock delays critical economic…
The biggest story for investors in the week ahead will be all the stories that won’t be told. Should the government remain shut down, releases including the Census Bureau’s imports and exports figures, wholesale trade and inventories, and the key jobless claims numbers from the Labor Department will be delayed. And this after we already…
Political leaders show no signs of compromise as government shutdown continues – CBS News Watch CBS News The government shutdown reached its fourth day on Saturday. The Senate on Friday went home after another failed vote to keep the government open. Willie James Inman has the latest. Source link
NEWYou can now listen to Fox News articles! Senate Democrats blocked Republicans’ attempt to reopen the government again, all but guaranteeing that the government shutdown rolls through the weekend. After a day off to observe Yom Kippur, lawmakers made little progress in finding an off-ramp to end the shutdown, which entered its third day on…
When the government shuts down, many federal workers go without paychecks, whether they are deemed essential and required to show up or whether they’re furloughed for the duration of the shutdown. Such employees are by law entitled to back pay once a funding agreement is reached, but independent contractors who sell goods or services to…
Garret Martin is a Hurst senior professorial lecturer and the co-director of the Transatlantic Policy Center at the American University School of International Service. When it comes to shutdowns, the U.S. is very much an exception rather than the rule. On Oct. 1, 2025, hundreds of thousands of federal employees were furloughed as the business of government…