Good to have you with us this morning. I'm Joe Frier >> and I'm Savannah Sers. We're going to begin this morning with a major warning that could impact air travel this weekend and beyond.Officials from the Trump administration say they are going to start cutting air traffic at dozens of the nation's busiest airports starting tomorrow. >> If you thought traveling was unpredictable now, well, just wait. This move could prompt airlines to cut thousands of flights on short not the holiday travel rush starts to ...

The shutdown obviously played a big part when we think especially about Virginia and those northern Virginia suburbs of Washington which are kind of de facto parts of Washington. Uh what did you see last night. What are you hearing from sources on the Hill about how this happened and what it means.>> Well, look, they had always felt good about Virginia and I think it's striking the way that you saw Hakee Jeff already come out. The idea that House Democrats provide the path forward for what the Democratic pa ...

Transportation Secretary Shawn Duffy announcing the US will cut flight capacity by 10% at 40 high volume markets across the nation. Duffy and FAA administrator Brian Bedford say they will disclose the locations of those 40 markets, but not till tomorrow. This comes as travelers continue to face flight disruptions due to an uptick in workforce absences during the government shutdown.Now, at record length, here's part of what they had to say. >> I anticipate there will be additional disruptions. Uh there will ...

Welcome back. As we mentioned, the government shutdown is now officially the longest ever in American history. And President Trump is in part blaming the shutdown for Republicans poor performances in last night's elections.And today, the Senate's top Democrat, Chuck Schumer, says he agrees with President Trump. Trump admits that Republicans, the Republican shutdown is hurting him and his party. The president is right.We warned the president of the consequences of ignoring Democrats, ignoring the American pe ...

Operational Impact - FAA ordered a 10% reduction in flight traffic at 40 airports [1] - Air-traffic controllers are working without pay during the government shutdown [1]

The Department of Transportation says it will cut traffic by 10% at 40 airports starting Friday if the government shutdown continues.https://t.co/RbHPHliV8q ...

President Trump railed against Democrats in Congress over the historic government shutdown after the party swept three major local elections in the US.“We lost a little bit of sovereignty last night in New York,” he said of Zohran Mamdani's victory https://t.co/AuhWDoqRtI https://t.co/AUGQgAiZLp ...

The shutdown obviously played a big part when we think especially about Virginia and those northern Virginia suburbs of Washington which are kind of de facto parts of Washington. Uh what did you see last night. What are you hearing from sources on the Hill about how this happened and what it means.>> Well, look, they had always felt good about Virginia and I think it's striking the way that you saw Hakee Jeff already come out. The idea that House Democrats provide the path forward for what the Democratic pa ...

Market Overview - The tech sector experienced a significant selloff, with approximately $500 billion lost from chip stocks, leading to a mixed performance in major indexes [3][4][5] - The NASDAQ composite rebounded by 0.51%, while the S&P 500 rose by 0.31% [3] - Bitcoin prices dipped below $100,000 but have shown a 10% increase since the start of the year [5] Technology Sector Insights - Active management in ETFs is gaining traction as investors seek to navigate volatility in the tech sector [6][8] - The focus on technology remains strong, with an emphasis on productivity gains and free cash flow generation [16][22] - Companies are exploring various themes within technology, including semiconductor manufacturing and data center infrastructure [19][23] Fast Casual Dining Trends - Cava has reduced its full-year sales growth forecast from 6-8% to 3-4% due to macroeconomic pressures affecting younger consumers [31][32] - The company has seen a decline in visit frequency among the 25-35 age demographic, attributed to rising costs and economic challenges [32][35] - Despite challenges, Cava reported a 20% year-over-year revenue growth and a 67% growth on a two-year basis [38] McDonald's Performance - McDonald's reported US store sales that exceeded forecasts for the second consecutive quarter, focusing on value offerings amid a challenging environment [57][59] - The company has implemented promotional strategies, including a $5 meal deal, to attract customers [58][60] - Analysts predict increased promotional activity across the restaurant industry as brands compete for market share [63][64] Analyst Calls and Stock Movements - Super Micro reported weaker-than-expected results, leading to an 8% drop in shares, but some analysts view this as a buying opportunity [53] - Pinterest's stock fell after an earnings miss and a weaker forecast, prompting price target cuts from multiple firms [54] - Yum Brands saw a price target increase following better-than-expected results, with potential plans to sell its Pizza Hut segment [56]

We must get the government back open soon and really immediately. Last night it was uh, you know, not expected to be a victory. It was very Democrats, but I I don't think it was good for Republicans. I don't think it was good.I'm not sure it was good for anybody, but we had uh an interesting evening and we learned a lot. But I thought we'd have a discussion after the press leaves about uh what last night represented and what we should do about it and also about the shutdown, how that relates to last night. ...