HE DID. TONIGHT, KAI MORE THAN $370 MILLION IN FEDERAL FUNDING EACH WEEK. THAT’S HOW MUCH MONEY GOVERNOR WES MOORE SAYS THE STATE OF MARYLAND RELIES ON THE FEDERAL GOVERNMENT FOR TO RUN THINGS LIKE HEALTH CARE, FOOD ASSISTANCE PROGRAMS. THEY WERE THINGS THAT HE ADDRESSED TONIGHT DURING THAT SPEECH TO THE STATE. THINGS THAT…
Stocks closed at record highs Wednesday despite a U.S. government shutdown expected to idle hundreds of thousands of workers and hobble federal agencies charged with dispensing a range of critical services. So why do investors seem unfazed? Although shutdowns have serious, real-world consequences for millions of Americans, data shows they tend to have a modest impact…
Amid efforts by the White House and Democrats to blame the other for the government shutdown, JD Vance defended one of his boss Donald Trump‘s tactics: Posting of deepfake videos made to look like House Minority Leader Hakeem Jeffries was wearing a sombrero in his TV appearances. Less than four hours before the shutdown deadline…
US stocks rose on Wednesday after the US government entered its first shutdown in seven years, putting hundreds of thousands of jobs and billions of dollars in output at risk. Meanwhile, key ADP jobs data showed private payrolls declined in September, widely missing estimates but helping to virtually cement bets on near-term rate cuts. The…
President Donald Trump and other high-ranking Republicans claim Democrats forced the government shutdown fight because they want to give free health care to immigrants in the U.S. illegally. Democrats are trying to extend tax credits that make health insurance premiums more affordable on marketplaces established by the Affordable Care Act, commonly known as Obamacare, and…
By Noel John and John Biju (Reuters) -Gold prices surged to a record high on Wednesday, lifted by a weaker dollar and safe-haven demand amid a U.S. government shutdown, while softer jobs data reinforced expectations of a Federal Reserve rate cut this month. Spot gold climbed 0.2% to $3,866.10 per ounce, as of 09:16 a.m….
The government shutdown will throw important federal data-gathering activities for a loop, likely delaying Friday’s release of the hotly anticipated jobs report. The “employment situation” report, which shows the unemployment rate and number of new jobs created during the prior month, is a key gauge of economic health and closely watched by investors and policymakers…
How Republicans and Democrats are blaming each other for the shutdown Senate Minority Leader Charles Schumer, D-N.Y., right, and House Minority Leader Hakeem Jeffries, D-N.Y., conduct a news conference after a meeting with President Donald Trump, Speaker of the House Mike Johnson, R-La., Vice President JD Vance, and Senate Majority Leader John Thune, R-S.D., about…
WASHINGTON (AP) — Plunged into a government shutdown, the U.S. is confronting a fresh cycle of uncertainty after President Donald Trump and Congress failed to strike an agreement to keep government programs and services running by Wednesday’s deadline. Roughly 750,000 federal workers are expected to be furloughed, some potentially fired by the Trump administration. Many…
Ahead of the looming government shutdown, the U.S. Department of Housing and Urban Development on Tuesday posted a banner in large type on its homepage blaming the shutdown on the “Radical Left,” an allegation that an ethics group said was a “blatant violation” of the Hatch Act. “The Radical Left are going to shut down…