Welcome back to halftime. Let's get to our chart of the day. Look at this one.Chipotle shares taking a real big hit after lowering its sales outlook as consumers they cut back on dining as they're feeling the pressure from inflation. Shares down more than 14%. Steph Link, you sold out of this one. You got out.You don't like burritos. What's going on. >> Mayor Kulpa, this has been a problem for a while.I've been fighting it. I I was looking for anything to be positive last night. Anything at all.There was no ...

Government Finance - The Treasury General Account (TGA) balance is increasing due to the government shutdown, as receipts are received and debt is issued [1] - The TGA opening balance reached $965 billion [1] - The TGA balance increased by approximately $150 billion in October [1] - The $150 billion increase in the TGA represents cash coming out of the market [1]

Senator Thun keeps talking like something's changed behind the scenes. >> Hopefully, the fever is starting to break. >> What makes you think? >> Um I I I think there's some cracks developing right now uh amongst the Democrats and uh I'm glad some common sense may finally prevail. >> We'll see. That was Republican Senator Steve Danes to me on Capitol Hill yesterday. Welcome back to Way Too Early. 5:30 on the dot here on the East Coast, 2:30 out west. I'm Ali Vitali and the government is still shut down. We'r ...

Government Shutdown Impact - Government shutdown caused a standoff over funding food aid [1] - Millions of low-income Americans are struggling to purchase groceries due to the funding standoff [1] Political Implications - Senators failed to resolve the funding issue and are heading home for a long weekend [1]

Core Viewpoint - The ongoing government shutdown is creating uncertainty regarding key economic data, which may impact the Federal Reserve's decision-making for the upcoming December meeting [1][5][7]. Group 1: Federal Reserve's Response - Federal Reserve Chairman Jerome Powell emphasized the need for caution in policy decisions due to the lack of complete economic data caused by the government shutdown [1][5]. - The Federal Open Market Committee (FOMC) is scheduled to meet on December 9-10, and Powell indicated that the Fed will continue its work despite the incomplete data [2][5]. - The Fed has already implemented its second interest rate cut of the year to support the labor market, even as inflation remains above target levels [7]. Group 2: Economic Indicators - Powell noted that while official employment data for September is delayed, available evidence suggests low levels of layoffs and hiring, with declining perceptions of job availability among households and hiring difficulty among firms [9]. - The Fed is committed to collecting and evaluating all available data to make informed decisions, despite the challenges posed by the shutdown [7][10].

🇺🇸 LATEST: Chair Powell speaks on whether the government shutdown will affect the December meeting. https://t.co/ZGcjcAK29G ...

The financial pain from the government shutdown is spreading, and both sides say they expect the other to throw in the towel nearly a month into the impasse https://t.co/vtk0Cxwhua ...

JUST IN: 🇺🇸 Fed Chair Jerome Powell says the government shutdown will affect the economy. ...

We have some numbers um that Kristen Welker put up um in a story about Donald Trump's approval ratings for uh the economy and most of them are below 40%. Lowest numbers he's ever had. >> He's all over the world.You've got a government shutdown. You've got uh one in four, one in five Americans who depend on food assistance not going to get it. You have health care prices absolutely exploding.Uh you still have concerns about inflation. You've got a 20 to40 billion bailout of Argentina. You also of course you ...

We're now 29 days into the government shutdown. And join us now for the latest, Senator Ted Cruz uh of Texas, who serves as the chairman of the Commerce Committee. He recently introduced a Keep America Flying Act, which would pay air traffic controllers and TSA workers uh during the government shutdown.Yesterday was their first day of receiving zero pay since the shutdown began. We're living in um and it's good to see you, Senator. Thanks.and and it's starting to bite and and these there going to be some re ...