The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.21%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.18% and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.31%. December E-mini S&P futures (ESZ25) rose +0.26% and December E-mini Nasdaq futures (NQZ25) fell -0.23%. US stock indices closed mostly higher on Tuesday, with…
The American labor market has become one of the biggest questions in the economy. As the government shutdown stretches into its second month, now the longest in U.S. history, investors and government officials have been left in the dark. There are no employment reports, no JOLTS data, and no clear understanding of how hiring, wages,…
For many workers, job security is a priority amid mass layoffs at major companies. Last month was the worst October for layoff announcements in more than two decades, according to global outplacement firm Challenger, Gray & Christmas. Additionally, the current government shutdown, now the longest on record, has left thousands of federal employees laid off…
Benzinga and Yahoo Finance LLC may earn commissions or revenue on some articles through the links below. The US government shutdown continues into its 33rd day, and while a resolution may soon be near, economists warn that the economic fallout is already underway. In a note to clients on Monday, Goldman Sachs economist Alex Phillips…
President donald trump He falsely ranted to reporters on Air Force One that food stamp recipients are “largely Democrats” while pressuring his opponents on the government shutdown. Two federal judges — Judge Indira Talwani in Massachusetts and the judge John McConnell in Rhode Island, ruled Friday that the White House must continue funding the Supplemental…
NEED TO KNOW Marjorie Taylor Greene lashed out at X after receiving criticism for her outspoken response to the current government shutdown. Greene was accused by Sen. Ted Cruz of becoming “too liberal” after she attacked House Speaker Mike Johnson over his handling of the shutdown. He continued to speak and has scheduled appearances at…
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration on Friday delayed flights at airports in Austin, Newark and Nashville as air traffic control staffing issues continue to ground flights and the government shutdown enters its 31st day. At least nine FAA facilities were facing staffing issues Friday and the agency said it would…
Lawrence O’Donnell ripped congressional Republicans Tuesday night over their conduct during the ongoing government shutdown, which is expected to surpass the 30-day mark this week. He specifically mentioned how many vacations right-wing politicians have taken during the impasse. Initially, O’Donnell directed his ire at House Speaker Mike Johnson and the “vacation” he allowed Republicans to…
Oct. 28 (UPI) — The US Senate voted for the 13th time and failed to reopen the government on Tuesday. Democrats will not back down from their insistence on health care funding, and Republicans will not agree with it. The government shutdown is on the 28th. Senators voted 54-45 on the funding patch that would…
Today, Wall Street is gearing up for a quiet start, with continued concerns that interest rates will remain higher than usual, keeping the 10-year Treasury yield strong. Investors are also keeping an eye on economic data and listening closely to statements from Federal Reserve officials due out this week. Last Friday, the S&P 500 and…
