The markets are ending the week on a low note as the global selloff continued in Asia and Europe this morning, prompted by rising uncertainty stemming from the U.S. economy. Doubts about a much-anticipated December interest rate cut from the Fed are mounting, with the likely outcome obscured by patchy data after Washington’s government shutdown….
The Trump administration has already flipped on one key Democrat request for ending the government shutdown. Seven rogue Democrats and one Independent sided with Republicans in a Senate vote this week to pass a compromise deal to reopen the government, which has been shut since October 1. The House of Representatives approved the bill on…
Tech investment titan SoftBank plunged as much as 10 percent on news of its Nvidia stock sale (Philip FONG) Equities rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive Federal Reserve interest rate cut. However, a mixed day on Wall…
President Donald Trump has now gone 20 days without recording a single positive approval rating in any major poll—the longest stretch of his second term so far. According to data from RMG Research, the last time Trump held a net-positive approval rating was October 22, when the poll showed him narrowly above water. Since then,…
For the first time since the government shutdown began over a month ago, senators convened on Saturday to negotiate a bipartisan resolution to end the 39-day impasse. The rare weekend session underscores the mounting crisis affecting federal workers, airlines, and millions of Americans relying on SNAP benefits. However, progress remains elusive as President Donald Trump…
Flight cancellations accelerate as US airlines comply with shutdown order to cut flights Published 3:36 pm Thursday, November 6, 2025 U.S. airlines began canceling flights nationwide Thursday due to the Federal Aviation Administration’s order to reduce traffic at the country’s busiest airports starting Friday because of the government shutdown. Hundreds of flights scheduled for Friday…
The longer the government shutdown drags on, the more people will feel its impacts—especially when it comes to healthcare and food assistance. Open Enrollment begins for Affordable Care Act Marketplace plans on Saturday, and the enhanced premium tax credits that subsidized health care costs for millions of Americans are set to expire at the end…
The Trump administration’s threat of mass layoffs in response to the ongoing government shutdown received another blow on Friday when a federal judge ruled a temporary restraining order she imposed earlier this week barring firings applies to additional federal workers. Newsweek contacted the Department of Justice and the White House for comment on Saturday via…
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…
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…