Government shutdown
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X @Bloomberg
Bloomberg· 2025-11-12 18:42
Reports on unemployment and the consumer price index for October are unlikely to be released due to the government shutdown, White House Press Secretary Karoline Leavitt said https://t.co/ggNruSwpIh ...
Grab 3 Bitcoin-Centric Stocks Before the Cryptocurrency's Next Rally
ZACKS· 2025-11-12 17:56
Market Overview - The cryptocurrency market is currently facing challenges, with Bitcoin experiencing significant selloffs and uncertainties affecting investor sentiment [1][5] - Bitcoin fell below $100,000 for the first time since June, marking a decline of over 20% from its all-time high of $126,300 [4][5] - Despite recent declines, Bitcoin has shown signs of recovery, trading above $104,400, and remains significantly higher than its yearly low of $66,000 [7][11] Economic Factors - The Federal Reserve's recent interest rate cut did not positively impact the markets due to hawkish comments from Fed Chair Jerome Powell regarding future rate cuts [6] - A government shutdown has hindered the release of key economic data, contributing to investor uncertainty [6] Historical Performance - November has historically been a strong month for Bitcoin, with an average gain of 42.5% since 2013 [7] Investment Opportunities - A buy-the-dip strategy is suggested for investing in crypto-focused stocks, with three companies highlighted: NVIDIA Corporation, Robinhood Markets, and Interactive Brokers Group [3][11] NVIDIA Corporation - NVIDIA is a leading designer of GPUs, crucial for data centers and cryptocurrency mining, with an expected earnings growth rate of 49.2% for the current year [8][9] - The Zacks Consensus Estimate for NVIDIA's earnings has improved by 0.5% over the past 60 days, and it currently holds a Zacks Rank 2 (Buy) [9] Robinhood Markets, Inc. - Robinhood operates a financial services platform allowing users to trade various assets, including cryptocurrencies, with an expected earnings growth rate of 74.3% for the current year [12] - The Zacks Consensus Estimate for Robinhood's earnings has improved by 22.6% over the past 60 days, and it currently holds a Zacks Rank 1 (Strong Buy) [12] Interactive Brokers Group, Inc. - Interactive Brokers is a global electronic broker that facilitates cryptocurrency trading, with an expected earnings growth rate of 17.1% for the current year [13] - The Zacks Consensus Estimate for Interactive Brokers' earnings has improved by 5.1% over the last 60 days, and it currently holds a Zacks Rank 1 (Strong Buy) [13]
House Majority Leader Steve Scalise: House to vote on bill to end shutdown around 7 p.m. ET today
CNBC Television· 2025-11-12 14:29
Day 43 of the government shutdown. House leaders are expected to vote on the continuing resolution that passed the Senate. And joining us now, House Majority Leader Steve Scaliz.U Majority Leader, it's good to have you on. Uh good morning. Thank you.>> Good to be back. Thanks for having me. >> Uh I've seen it a few times where they asked Speaker uh Johnson about it and I don't know, people run with, you know, if it bleeds it leads.And and I I guess he didn't answer. Oh yeah, it's a done deal. It's definitel ...
X @The Wall Street Journal
The Wall Street Journal· 2025-11-12 14:08
Monetary Policy - The Federal Reserve's inflation hawks advocated pausing rate cuts during a contentious October meeting due to data obscurity caused by the government shutdown [1] - The divide within the Federal Reserve regarding monetary policy may persist [1]
Senate funding bill to move to House floor after key committee vote
MSNBC· 2025-11-12 11:38
Government Shutdown & Funding Bill - Lawmakers are taking steps to end the 43-day government shutdown, the longest in US history [1] - The House Rules Committee advanced the Senate-passed bill to reopen the government, extending funding for most agencies until the end of January [1] - The House is scheduled to hold votes on the funding bill, with Republicans hopeful for passage [2] - The funding bill includes three full-year funding bills for some parts of the government [1] Political Dynamics & Negotiations - Democrats are reportedly furious but moving towards acceptance of the deal, recognizing healthcare as a more salient issue [10][11] - Some Democrats who supported the deal felt they couldn't get anything better after 41 days of shutdown [12][13] - A tension point is the idea that some senators were looking for a way out of the shutdown posture early on [16] Affordable Care Act (ACA) & Abortion Coverage - The deal includes a provision allowing senators to sue the federal government if their private phone data was accessed without notification, potentially awarding $500,000 in damages per violation [18] - Some Republicans want to extend ACA subsidies only if new restrictions on abortion coverage are included [19] - Democrats are pushing back against stricter abortion funding limits, calling it a non-starter [21][22] - Abortion remains a prickly issue for Republicans, especially after the overturning of Roe v Wade [23][24]
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-11-11 22:56
I bet most people in America have no clue the government has been shut down for more than a month. ...
Gov. Wes Moore: Government shutdown negotiations 'on the back of healthcare' is a 'non-starter'
NBC News· 2025-11-11 22:30
Government Policy & Veterans Affairs - The Governor expresses frustration with the Trump administration's handling of the Pentagon and VA leadership, citing disrespect towards veterans [2][3] - Concerns raised over the cutting of 30,000 VA employees and the impact of a 40+ day federal government shutdown on veterans, who constitute one in four federal employees [3] - Criticism directed at actions potentially violating due process for military personnel [3] Healthcare & Federal Shutdown - The Governor criticizes the federal government shutdown and its impact on healthcare, highlighting potential premium increases of 90% [3][6] - The Governor questions the logic of linking the reopening of the federal government to healthcare cuts [6] - Maryland allocates $62 million towards SNAP to ensure uninterrupted benefits for its residents during the federal government shutdown [11] - Concerns raised about potential healthcare premium increases of $15,000 to $25,000, deeming it economically and morally unsound [13] Redistricting & Democracy - The Governor defends the creation of a bipartisan redistricting commission to ensure fair maps and representation, despite criticism [16][18] - The Governor emphasizes the importance of letting the people of Maryland decide what their democracy looks like, contrasting this with perceived attempts to "rig the rules" [20][21] Economic Performance & Re-election - The Governor highlights Maryland's economic progress, including energy assistance, capital investment in entrepreneurs, and a drop in the unemployment rate [23] - The Governor attributes high approval ratings to delivering results, increasing employment, creating opportunities, and improving public safety [25]
Kornacki: Trump and Republicans 'took a hit' in approval ratings during government shutdown
NBC News· 2025-11-11 22:00
Welcome to Meet the Press Now. I'm Kelly O'Donnell on day 42 of the government shutdown as much of official Washington is pausing to observe Veterans Day. But the federal government is now one step closer to reopening after last night when the Senate passed a bipartisan deal to end the shutdown with exactly the 60 votes needed.Eight members of the Democratic caucus voted with Republicans, even though this does not include Democrats central demand of an extension of Affordable Care Act subsidies. Those membe ...
'It's a terrible vote': Sen. Sanders on deal to end government shutdown
MSNBC· 2025-11-11 20:48
It is a terrible vote. What it will do, Rachel, is raise health insurance premiums that are already skyhigh. It's going to double them, in some cases, triple and quadruple them.It's going to pave the way for 15 million Americans to be thrown off of Medicaid. 15 million people. Studies suggest that when you throw low-income and workingclass people off of the health care they have, some 50,000 will die unnecessarily every year. 50,000 people will die unnecessarily.So this was a terrible, terrible piece of leg ...
X @Michaël van de Poppe
Michaël van de Poppe· 2025-11-11 20:16
Don't worry about this drop today or the past few days.The government shutdown is over and around the corner.The bull market isn't over. The 4-year cycle never existed. ...