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'No path' to health care fix if government is closed: Sen. Kaine on why he voted yes
MSNBC· 2025-11-10 21:03
All right, joining us now to get the defense of this, Democratic Senator from Virginia, Tim Kaine. One of the people who um says that they have come to a deal with Republicans to end the shutdown. Senator Kaine, thank you very much for joining us.First off, I'd love to get your Sure. response to your fellow Democrats. And that's also going to include your fellow V Virginia, Senator Mark Warner, who said that he can't vote for a short-term fix that leaves working families staring down a healthc care crisis a ...
Here's how fast normal airline operations can be expected to resume when the government shutdown ends
MarketWatch· 2025-11-10 18:59
Core Viewpoint - Flight cancellations are a major disruption for both airlines and passengers, indicating that achieving a new normal will be challenging [1] Industry Impact - Airlines face significant operational challenges due to flight cancellations, which can affect their overall performance and customer satisfaction [1] - The industry may struggle to adapt to a new normal as disruptions continue to impact scheduling and reliability [1]
Trump is promising $2,000 for Americans, but here's why it may not happen
Yahoo Finance· 2025-11-10 18:22
government shutdown has now lasted 41 days. It could be coming to an end very soon after the Senate advanced a bill that would fund the government through January of 2026. Several Democratic senators joined the Republicans for a 6040 vote vote in favor of the bill.Let's bring in Henrietta Trees VA partners managing partner and director of economic policy to talk more about this. Henrietta, um how close are we in your view right now and what's the sort of timeline that we're looking at. >> We are on the goal ...
As Lawmakers Advance Plan To End Historic 41-Day Government Shutdown, Here's How Air Travel Could Recover - American Airlines Group (NASDAQ:AAL), DoorDash (NASDAQ:DASH)
Benzinga· 2025-11-10 11:12
Core Viewpoint - The approval of a deal by Senate leaders aims to end the longest government shutdown in U.S. history, which is expected to positively impact the domestic air travel sector by allowing air traffic controllers to return to work and reducing delays [1]. Group 1: Air Traffic Controllers and Delays - The deal will fund federal government agencies through January 2026, enabling air traffic controllers employed by the Department of Transportation to return to work, which is crucial as staff shortages have significantly impacted the aviation industry [2][3]. - Currently, over 13,000 air traffic controllers and more than 50,000 TSA agents are working without pay, contributing to 46% of flight delays being related to staff shortages [3]. - The return of air traffic controllers is expected to minimize delays during the busy Thanksgiving holiday season and prevent a potential 10% capacity reduction at over 40 major airports [4]. Group 2: Backpay and Employee Concerns - The agreement includes a clause that guarantees backpay to federal employees affected by the shutdown, alleviating uncertainties regarding compensation for furloughed workers [5]. - Earlier concerns were raised due to a 2019 backpay law that could have prevented some workers from receiving backpay [5]. Group 3: Airline Industry Response - American Airlines Group Inc. CEO Robert Isom has called for the government to end the shutdown to avoid further flight cancellations, as the airline canceled over 220 of its 6,200 scheduled flights [6]. - Isom has been in constant communication with Transportation Secretary Sean Duffy, expressing hope for a swift resolution to the shutdown [7].
X @Bloomberg
Bloomberg· 2025-11-10 07:14
Market Trends - US Treasury yields increased across the curve [1] - The rise in yields followed the US Senate's progress in resolving the government shutdown [1]
X @Bloomberg
Bloomberg· 2025-11-10 04:00
BREAKING: The US Senate votes 60-40 to advance a bill to end the government shutdown https://t.co/bkcLnMDOL1 ...
ASX Market Open: Expected end to US Gov’t shutdown gives traders enough hope to lean green | Nov 10
The Market Online· 2025-11-09 21:28
Market Overview - The ASX is expected to open with a 25-point increase, influenced by positive sentiment from U.S. markets amid hopes of a government shutdown resolution [1] - The U.S. economy has faced stagnation during the shutdown, but optimism is beginning to emerge [2] U.S. Market Sentiment - Wall Street shows excitement following President Trump's announcement of potential $2,000 payouts funded by tariffs, although details remain unclear [3] - All three major U.S. indexes ended Week 44 lower, with the Nasdaq dropping 3% and the S&P 500 declining by 1.6% [3] Australian Economic Indicators - Key statistics to watch this week include Westpac's and NAB's consumer confidence reports, along with Australian employment figures [4] Company News - ANZ Group (ASX:ANZ) reports a 14% decline in cash profits due to redundancy costs, legal penalties, and intense competition in retail banking [5] - A2 Milk (ASX:A2M) is expanding its partnership with China State Farm to include English-label infant formula for eCommerce [5] - Woodside Energy (ASX:WDS) faces a potential strike at its $12.5 billion Pluto LNG facility expansion, with 2,000 workers voting for wage increases [6] - Moho Resources (ASX:MOH) has commenced its first drilling at the Bush Chook project [6] - Barrenjoy has raised the target price for James Hardie (ASX:JHX) to $31 [6] Commodity Market - The Australian dollar is trading at 64.8 U.S. cents [7] - Iron Ore prices have decreased by 2.4% to $101.45 per tonne, while Brent Crude has seen a slight increase of 0.4% to $63.63 per barrel [7] - Gold remains stable at $4,005 per ounce, and U.S. natural gas futures have dropped by 1% to $4.31 per gigajoule [7]
Several Senate Democrats may vote with Republicans to end shutdown today: Former Senator
MSNBC· 2025-11-09 21:19
uh on the phone by former Senator Claire McCascal, of course, an esteemed MSNBC analyst, political analyst. Um Senator, I understand you have some inside information on what might be going down as we're looking at the Senate floor right now. Yes, I believe that you're going to see the Democrats meeting in caucus yet today and as soon as tonight or in the morning, I believe there will be somewhere between 10 and 12 Democrats that will vote uh to reopen the government and to extend government funding for a fe ...
Global Snapshot: US Shutdown Threatens Travel, Rumble Eyes Acquisition, and Middle East Diplomacy Continues
Stock Market News· 2025-11-09 16:38
Group 1: US Political Landscape and Economic Concerns - The potential government shutdown could severely disrupt US air travel during the Thanksgiving holiday, affecting millions of travelers and the economy [2][8] - Bipartisan discussions are ongoing in the Senate to find a resolution to prevent a prolonged government shutdown [3][8] Group 2: Corporate Acquisitions and Tech Sector Moves - Rumble Inc. (RUM) is pursuing an all-share offer to acquire Northern Data AG, a German data center company, with a proposed valuation below its current market capitalization of $894 million [4][8] Group 3: Middle East Diplomacy and Regional Tensions - Jared Kushner is in Israel to meet with Prime Minister Netanyahu regarding the Gaza agreement, amidst reports of an Israeli airstrike in Southern Lebanon [5][6][8] Group 4: Iraq's Electoral Process - Iraq's Supreme Security Committee for Elections praised the recent electoral process, noting a special voting turnout ratio exceeding 80% and describing the elections as the best in terms of security and execution [7][8]
Thousands of flights delayed as FAA cuts snarl major airports
NBC News· 2025-11-09 00:35
Air Traffic Disruptions - Air traffic control staffing shortages caused a 90-minute ground stop at Chicago's O'Hare airport [1] - More than 5,000 delays occurred coast to coast at Newark Liberty airport [2] - Over 1,000 flights were canceled for the second consecutive day [3] - Airlines are cutting 4% of flights at 40 major airports due to strain on air traffic controllers working without pay [3] Safety and Operational Concerns - The National Air Traffic Controllers Association warns of growing safety risks due to the shutdown [4] - The union indicates it will take time to get all controllers back in place even after the government reopens [6] Travel Alternatives and Impact - One-way car reservations are up more than 20% compared to last year, indicating a shift to road travel [5] - Mandated cancellations are set to hit 10% and could potentially jump to 15-20%, threatening Thanksgiving travel [5] - Nearly 1,000 cancellations are already lined up for the next day, potentially marking the third consecutive day of cancellations at that level [6]