The final full week of trading for the month of November will bring investors two crucial earnings reports and the restoration of the September jobs report, which will set the tone for the year’s final weeks of trading. Results from Nvidia (NVDA) after the close on Wednesday and Walmart (WMT) on Thursday morning will provide…
Recounting a recent meeting with Xi Jinping‘s delegation, US President Donald Trump on Wednesday joked that he wishes for a cabinet which behaves like the Chinese President’s team. Speaking at the White House breakfast where the senators had gathered, the US President spoke about how Xi Jinping’s team were uptight during the bilateral meeting between…
US stocks rose on Wednesday amid hopes for interest-rate cuts, with more Wall Street banks posting strong results in a promising start to earnings season. The Dow Jones Industrial Average (^DJI) moved up roughly 0.4%, following a rocky session on Tuesday for markets. Meanwhile, the S&P 500 (^GSPC) and the tech-heavy Nasdaq Composite (^IXIC) added…
Published on: Oct 15, 2025 05:42 am IST The Justice Department last week in a separate court filing estimated the figure was at least 4,278. The number of US federal worker layoffs as a result of the government shutdown was revised downward on Tuesday, suggesting the Trump administration’s initial statement about sweeping job cuts was…
US President Donald Trump (Photo credit: ANI) The government shutdown in the United States began on October 1, with no end in sight. As a consequence of the budget freeze, US President Donald Trump has already announced the first layoffs of federal employees. But what does the term “shutdown” actually mean? And how long could…
The US embassy in China has stopped posting regular updates to its official social media accounts as a result of the government shutdown. This triggered a wave of discussion among social media users, many of whom used the occasion to take potshots at the American political system. “Because of the lapse in appropriations, this account…
Hong Kong stocks fell on Monday as the US government shutdown hit investor sentiment and spurred demand for haven assets like gold. The Hang Seng Index declined 0.7 per cent to 26,944.34 as of 11am local time, trimming some of the 3.9 per cent gain recorded last week. The Hang Seng Tech Index lost 1.5…
The US government shutdown, which began on Tuesday, October 1, 2025, threatens to disrupt the tech sector, with experts warning of stifled deal flow and halted visa processing for high-skilled workers, according to a report by TechCrunch. This marks the first government shutdown in seven years, with no clear end in sight due to the…
As the lights go out in Washington, it’s not clear who wins this showdown. The United States government has gone dark – again. At 12:01am on Wednesday morning, Congress missed the deadline to pass a stopgap funding bill. Agencies began powering down. Federal workers were told not to come in. And the political blamegame in…
The US government is headed towards a formal shutdown, with last ditch efforts to pass a bill crafted by Republicans as a short-term measure to fund the government through November 21 failed. The Senate vote was 55 to 45 on Tuesday evening, while the Republicans need at least 60 votes to ensure the passage of…