Dow, S&P 500, Nasdaq futures flat with Fed decision, slew of Big Tech earnings on deck

Dow, S&P 500, Nasdaq steady after sell-off as ADP jobs report returns to growth

Private employers added 42,000 jobs to the US economy in October, according to ADP’s private payrolls report, rebounding from an upwardly revised loss of 29,000 jobs in September. Forecasters were expecting the economy to add 30,000 jobs during the month, according to S&P Global Market Intelligence. “Private employers added jobs in October for the first…

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Five Takeaways From a Good Night for Democrats

Five Takeaways From a Good Night for Democrats

One year after losing the election to Donald Trump, Democrats finally got to celebrate. The party scored a victory in New York, where democratic socialist Zohran Mamdani won the mayoral race. It also held on to the governor’s mansion in New Jersey and flipped a gubernatorial seat in Virginia, electing the state’s first female governor….

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U.S. may be forced to close some airspace next week if shutdown continues, Duffy says

U.S. may be forced to close some airspace next week if shutdown continues, Duffy says

The U.S. Department of Transportation may need to close “certain parts of the airspace” if the government shutdown continues into next week, Transportation Secretary Sean Duffy said Tuesday.  “You will see mass flight delays, you’ll see mass cancellations,” Duffy said at a press conference in Philadelphia. “And you may see us close certain parts of…

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SNAP recipients say they're ready to scrimp amid food-stamp fight

SNAP recipients say they’re ready to scrimp amid food-stamp fight

A plan announced Monday by the U.S. Department of Agriculture to provide partial food stamp benefits for November during the ongoing government shutdown could offer a measure of relief to millions of Americans. Yet the move still leaves participants in the Supplemental Nutrition Assistance Program in the dark on exactly when they will get the funds. In a declaration submitted…

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Palantir Q4 outlook beats Wall Street estimates despite US government shutdown worries

Palantir Q4 outlook beats Wall Street estimates despite US government shutdown worries

Palantir’s (PLTR) fourth quarter outlook came in above Wall Street’s expectations Monday despite some analyst concerns over impact from the ongoing US government shutdown. Palantir said it foresees revenue of just over $1.3 billion for the fourth quarter, ahead of the $1.2 billion projected by Wall Street analysts tracked by Bloomberg. The defense tech firm…

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