Government Shutdown
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Fed Expected to Deliver Second Straight Rate Cut
Bloomberg Television· 2025-10-27 16:29
Looking ahead to the week ahead. Lots of tech earnings come Wednesday and Thursday. Big meeting between the US and Chinese leader coming up on Thursday, too.Sandwiched in between somewhere, a Federal Reserve decision that we're all taking for granted make the case just an assumption. They cut interest rates again and it's easy sailing, except you and I both know it's different that committee. Mike, how difficult will it be for the Chairman Powell, to communicate anything beyond the October decision.Oh, it's ...
Trump’s ‘original sin’: House Dem sets record straight on SNAP benefits amid government shutdown
MSNBC· 2025-10-26 17:16
on again offagain fight with Canada after a television ad got under his skin. First, he called off trade talks with Canada earlier this week because of the ad from Ontario's government using a 1987 speech from Republican President Ronald Reagan on the dangers of tariffs and protectionism. Last night, Trump posted on social media that he planned to hike tariffs on imports of Canadian goods by an extra 10% because the ad wasn't pulled off the air immediately and ran Friday during the first game of baseball's ...
‘My first time at a food bank’: Millions set to lose food benefits if government shutdown drags on
MSNBC· 2025-10-25 23:30
Millions of Americans are nervous about losing critical food assistance in just one week after the Trump administration said it would not be using emergency funds to pay for federal food benefits. With at least 25 states planning to cut off benefits to the Supplemental Nutrition Assistance Program amid the ongoing shutdown, families are scrambling for alternatives. >> It's finding ways to make ends meet. Uh grateful for any sort of assistance programs. We're on wick for my daughter who's 13 months old to ge ...
"They have gutted our programs": Furloughed gov. worker speaks out
MSNBC· 2025-10-25 13:11
They have gutted our programs. They have they have, like you said, dehumanized employees. What are we going back to, right.It's broken. And so, at some point, someone has to stop the bleeding, but I I'm a firm believer that you can hold more than one truth at a time. Yeah, we need to get paid.And being out here, I think people don't necessarily understand we can't do GoFundMes. It is against the law. We can't go get another job.That is against the law. Um, and so there are there's no unemployment. You got t ...
NBC Nightly News Full Episode - Oct. 24
NBC News· 2025-10-25 02:01
Tonight, the major military escalation. The largest aircraft carrier in the US Navy ordered to move towards South America as President Trump ramps up the pressure on Venezuela. A massive display of firepower, including thousands of sailors, dozens of aircrafts, several destroyers, and a submarine, all heading to the Caribbean, where overnight the US military struck another boat allegedly carrying drugs and cartel members. Is this all to deter drug trafficking? The deadly crane collapse in Massachusetts. Two ...
CPI Surprise Sends Equities to New Highs | Closing Bell
Bloomberg Television· 2025-10-24 20:45
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greipel taking you through to that closing bell. It's a global simulcast and it starts now.Carol Massar and Tim Stenovec, join us from the radio booth. Welcome to our audiences across all of our bloomberg platforms, television, radio, a partnership with YouTube, with an S&P 500 Carol Massar perched at a record high. Yeah, pretty interesting, but it feels like it's kind of limping along.We're coming off our b ...
Market has foundation for a continued rally, says Neuberger Berman's Shannon Saccocia
Youtube· 2025-10-24 20:36
Market Overview - The market is showing resilience despite ongoing government shutdown concerns, with the S&P potentially closing above 6,800, the Russell above 2,500, and the Dow above 47,000 [1] - Recent inflation data has been supportive of the Federal Reserve's objectives, contributing to market stability [1] Credit and Valuation Concerns - There have been emerging credit concerns and questions regarding valuations and vendor financing, yet the market continues to trend upward [2] - A minor reset in prices was sufficient for the market to regain momentum after previous slippage [3] Market Dynamics - The market experienced a "gap and nap" pattern, with a 1% increase at the open but little selling pressure, indicating a lack of urgency among investors [4] - The current upward trend is characterized by more buying than selling, reminiscent of market behavior in early 2021 [5] Retail Investor Behavior - Retail investors are actively participating in the market, showing a preference for companies with no profits, which may sustain upward momentum until market complacency is identified [6][7] Future Economic Outlook - Concerns about a significant economic slowdown, particularly related to China in 2026, are noted, but current data does not indicate such a trend, providing a foundation for continued market rally [8]
The Government Shutdown Continues. History Suggests This Is What the Stock Market Will Do Next.
Yahoo Finance· 2025-10-24 14:53
Key Points The U.S. stock market has generally done well after prior government shutdowns have ended. Tariffs, the trade war, and fears about inflation and the job market muddy the waters when it comes to forecasting the market's direction in the near term. These 10 stocks could mint the next wave of millionaires › The government shutdown is in its fourth week as I write this article -- and it's now the second-longest such shutdown in American history. Plenty of people have been suffering throughou ...
Why Jim Cramer thinks it pays to bet on the bulls
CNBC· 2025-10-23 22:33
Bullish investors usually triumph in the end, CNBC's Jim Cramer suggested. He explained why he thinks it makes sense to stay in the market, reviewing recent events that worry many on Wall Street."If you're going to think of the market as a tug of war between the bulls and the bears, would you at least think of the bulls as the favorite and give them the benefit of the doubt?" he said. "Because if history's any guide, the bull deserves it."The market is not "a bunch of coins to be flipped," Cramer said, but ...
X @The Economist
The Economist· 2025-10-23 10:00
Most Americans are yet to feel the pain of the government shutdown. Yet the economic costs will pile up the longer the saga drags on https://t.co/m5uRJSDJZV ...