Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE On Wednesday, the U.S. government ground to a halt. Stock markets, however, jumped — one benchmark even hit a record high. Traders in prediction markets are betting the shutdown will last nearly two weeks. Nothing too radical, since that’s the average length…
A new ADP jobs report estimated that the U.S. economy lost more than 30,000 private sector jobs in September. Newsweek reached out to the White House for comment via email. Why It Matters The Bureau of Labor Statistics (BLS) jobs report was set to be released on Friday, but could be delayed as legislators remain…
US equity futures held losses after Congress failed to agree to a spending plan, forcing the government into a shutdown that will keep hundreds of thousands of federal workers home from their jobs. Futures on the S&P 500 Index were down 0.4% as of 1:02 a.m. Wednesday after the deadline to fund the government came…
The dollar has started an event-loaded week with declines. Bloomberg’s gauge of the greenback fell 0.2% on Monday, dropping for a second day. A US government shutdown is looming, with both political sides digging in on their stances. Several pieces of key US economic data are also due this week, culminating with the monthly jobs…
A 2025 survey of 5,000 undergraduates by Inside Higher Ed, supported by Generation Lab, found that the greatest share of students rated their nutrition at college as average (44 percent), with an additional 30 percent describing their nutrition as below average or poor. A number of colleges and universities are working to teach students proper nutrition habits…
THE BOSS of the cash-strapped Police Federation earned £600,000 in salary and bonuses last year. It means the head of the rank and file officers’ “union” Mukund Krishna earned twice as much as Met Police commissioner Sir Mark Rowley. Mr Krishna’s vast pay award was revealed to Parliament by Labour MP and former Met Police…
U.S. President Donald Trump signs an executive order in the Oval Office at the White House on September 19, 2025 in Washington, DC. Trump signed two executive orders, establishing the “Trump Gold Card” and introducing a $100,000 fee for H-1B visas. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump‘s surprise…
Federal Reserve Chair Jerome Powell has sounded the alarm on what many recent graduates already know—getting a job right out of college is really hard right now. Speaking at his regular press conference following the Federal Open Market Committee meeting, Powell called it “an interesting labor market.” He said people “kids coming out of college…
Hong Kong is in talks with several Chinese electric-vehicle makers to establish local EV manufacturing, according to people familiar with the matter, as the financial hub looks to advanced industries to diversify its ailing economy. The city’s officials aim to develop an EV assembly base — a relatively complex process requiring advanced skills, the people…
Donald Trump’s miserable job market will not even start to improve for a few more months, Commerce Secretary Howard Lutnick has warned. President Trump, whose handling of the economy is often cited by supporters as one of his strengths, has been hit with waves of underwhelming and disheartening job reports this year. On the presidential…