Government Shutdown

MTG mentions one of the positives that will come from the shutdown: the end of ‘taxpayer-funded climate modification’ that isn’t actually happening

truenewj8 months ago03 mins

Rep. Marjorie Taylor Greene claims the current government shutdown has halted “taxpayer-funded climate modification experiments” that U.S. government agencies say they were not involved in yet. “One good thing that can come from this government shutdown…CLEAR SKIES!” the Georgia Republican wrote in X on Friday. “No more taxpayer-funded climate modification experiments Americans never asked for….

How the government shutdown affects the real estate market: Loan availability, closing times and more

amefika8 months ago07 mins

When Washington shuts down, it doesn’t just freeze politics. A closure also affects the real estate market. Home buyers are facing stalled loan approvals, sellers are juggling delayed closing dates and furloughed federal employees are wondering how to make next month’s mortgage payment. The ripple effects can be felt everywhere, from rural towns awaiting USDA…

Analysis-Rise in dollar due to rival problems may lack staying power

amefika8 months ago05 mins

By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – The dollar’s rally over the past month is unlikely to last as it was largely due to a repositioning by temporary factors, including the disruption of U.S. economic data due to the U.S. government shutdown and turmoil in the governments of rival currencies. The…

Federal mental health and disease control employees were among the targets of weekend layoffs.

truenewj8 months ago05 mins

NEW YORK (AP) — Hundreds of federal employees working in mental health services, disease outbreaks and disaster preparedness are among those affected by the Trump administration’s massive layoffs over the weekend, current and laid-off workers said Monday, as the administration sought to pressure Democratic lawmakers to concede and end the nearly two-week government shutdown. The…

What is Trump’s approval rating? What the polls say 10 days before the government shutdown

truenewj8 months ago04 mins

The United States has entered the second week of a government shutdown with no end date mentioned so far. President Donald Trump has insisted that the blame lies with Democrats, who continue to press their demands to expand health coverage. But polls show that more Americans blame Republicans and Trump for the shutdown than congressional…

White House says major US government job cuts have begun due to shutdown

truenewj8 months ago05 mins

By Ahmed Aboulenein, Andy Sullivan, Nathan Layne and Courtney Rozen WASHINGTON (Reuters) – The White House said on Friday it had initiated substantial layoffs across the U.S. government, as President Donald Trump made good on his threat to cut the federal workforce during the government shutdown. Job cuts were being made at the Treasury Department,…

Air traffic controllers who avoid unpaid work during government shutdown could be fired, Duffy warns

truenewj8 months ago03 mins

Although the United States has a major shortage of air traffic controllers, those who call in sick rather than work without pay during the federal government shutdown risk being fired, the US transportation secretary has warned. Transportation Secretary Sean Duffy said this week he understands drivers’ frustrations and concerns. But during an appearance Thursday on…

Stocks rise on AI optimism

amefika8 months ago07 mins

The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.58%, the Dow Jones Industrials Index ($DOWI) (DIA) closed flat, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.19%. December E-mini S&P Futures (ESZ25) rose +0.60% and December E-mini Nasdaq Futures (NQZ25) rose +1.17%. Most stock indexes rose on Wednesday, with the S&P 500…

Video of Kristi Noem blaming Democrats for the shutdown being implemented at TSA security checkpoints across the country.

truenewj8 months ago02 mins

In an extraordinary effort to inject politics into the travel experiences of millions of Americans, the Trump administration plans to display a video at airports across the United States that will blame Democrats for shortfalls in Transportation Security Administration workers’ wages due to the government shutdown. People waiting in airport security lines will now encounter…

Stocks Mixed as Traders Assess AI Rally, US Rates, Close

truenewj8 months ago04 mins

The news that Israel and Hamas had agreed on the first phase of a deal to end the Gaza conflict eased geopolitical concerns (HAZEM BADER) Asian markets were mixed on Thursday as investors tried to assess the prospects for the AI-driven global rebound, Federal Reserve interest rates and the ongoing US government shutdown. The news…