Government shutdown
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X @Forbes
Forbes· 2025-10-28 19:41
Philanthropy & Politics - Tim Mellon's $130 million donation to pay troops during the government shutdown represents a significant portion of his wealth, potentially exceeding half [1] - Mellon's donations are primarily directed towards Trump [1] Wealth Origin - Mellon's wealth is not solely derived from inheritance; he also made millions through other means [1]
Symone: 'House Republicans are AWOL'
MSNBC· 2025-10-28 18:41
I think it's insane that the president of the United States is literally in Asia while the government is shut down while Americans are standing in food lines while while moms and dads are going to be missing their SNAP benefits while children are potentially about to go hungry while people will not be able to afford the health care that they need regard whatever that healthcare is. I and the president is just flying around talking about an MRI that he got and Congresswoman Alexandra Okassio Cortez and Jasm ...
‘We need to sue their a---s’: Dem Rep. blasts Trump admin over food benefits
MSNBC· 2025-10-28 18:39
Panic is setting in across the country as programs that keep nearly 42 million Americans fed are set to lose funding in just four days. >> I'm only down to one pack of chicken and I don't even know what I'm going to do for the next months. My son won't have his milk and we won't have food.I'll go without eating or anything as long as my kids eat. >> SNAP isn't a luxury. It's a necessity.Everything comes from my SNAP benefits. I haven't even gotten to the 1 of November and I'm already shaking in my boots. >> ...
X @Bloomberg
Bloomberg· 2025-10-28 18:36
Vice President JD Vance said he expects the Trump administration to pay military personnel on Friday, even as the government shutdown shows no end in sight https://t.co/Id8GKr9MLp ...
CNBC Fed Survey: 92% of respondents say Fed will cut 25bps in December
Youtube· 2025-10-28 18:21
Welcome back to the exchange. We're a little more than 24 hours from the Fed decision, but 28 days into the government shutdown for the impact of that and the ongoing trade uncertainty, uh, all of that could have a future a fate or could impact the future of rate cuts. We turn to Steve Leeman with the results of the latest CNBC Fed survey. Steve, >> thanks Leslie. Yeah, responders to the October CNBC Fed Service. rate cut on the way from this meeting, the next meeting in December, and possibly one in Januar ...
Soybean Rally Extends to Tuesday’s Midday
Yahoo Finance· 2025-10-28 17:16
Market Overview - Soybeans are experiencing gains of 10 to 13 cents across front months, with January futures attempting to surpass $11 and November reaching a new calendar year high [1] - The national average cash bean price has increased by 12 3/4 cents to $10.11 1/4 [1] - Soymeal futures are up by $8.30 to $8.60, while soy oil futures are down by 72 to 74 points [1] - Market optimism is present ahead of the upcoming Trump-Xi meeting [1] Harvest Progress - The trade anticipates that soybeans will be approximately 84% harvested as of October 26 [2] - The Crop Progress report was not released due to the government shutdown [2] Export Data - Brazil's soybean exports are projected at 7 million metric tons (MMT) for October, reflecting a decrease of 0.34 MMT from previous estimates [3] - Current soybean prices include November at $10.79 3/4 (up 12 1/2 cents), nearby cash at $10.11 1/4 (up 12 3/4 cents), January at $10.96 3/4 (up 11 3/4 cents), and March at $11.08 (up 12 1/2 cents) [3]
Shutdown Day 28: Air traffic controllers miss first full paycheck
MSNBC· 2025-10-28 16:41
Government Shutdown Impact - The ongoing government shutdown is causing widespread concern, with potential lapse of the SNAP program on November 1st threatening food access for millions [2] - Air traffic controllers are missing paychecks, leading to increased sick calls and over 11,000 flight delays, raising safety concerns [10][11][12] - The shutdown's impact is reaching new levels, with potential tipping points around holidays like Thanksgiving due to stress on federal workers and airports [9][15] Political Standoff - Republicans and Democrats are entrenched in their positions, with no clear offramp in sight, awaiting President Trump's involvement [6][7] - The White House does not seem overly concerned about the shutdown's impact or public opposition, viewing Democrats as hypocritical [19][20][21] - Despite potential for standalone bills addressing specific pain points like SNAP benefits and air traffic controller pay, the core issue of the shutdown remains unresolved [27][28][29] Presidential Role - President Trump's engagement in resolving the shutdown appears limited, as evidenced by his overseas trip [16][17] - Republican lawmakers are waiting for cues from President Trump before negotiating, indicating his significant influence [18] - While President Trump could potentially end the shutdown, the White House may not perceive significant political consequences [23]
Federal workers to miss first full paycheck of shutdown
NBC News· 2025-10-28 14:34
And the government shutdown is entering day 28 and things remain at an impass in the standoff between Senate Democrats and Republicans. >> Today is the day that a majority of federal workers are set to miss their first full paycheck. >> Air traffic controllers are going to miss their first full paycheck.Some of them are already starting to call in sick. They're having to pick up second jobs in order to make ends meet. And so that is really fueling concern about increasing air travel delays.There's also a qu ...
Govt. shutdown isn't something we focus on in my airline analyst work, says JPMorgan's Jamie Baker
CNBC Television· 2025-10-28 13:54
Government Shutdown Impact - JP Morgan认为,目前政府停摆对航空公司的损失可以忽略不计,不会影响行业结构性叙事 [2] - 尽管政府停摆受到关注,但并非航空公司当前主要担忧 [3] - 如果出现重大中断和航班取消,可能会增加业务复杂性,但预计不会发生 [10][11] - 认为政府停摆对旅客需求的影响有限,预计问题将很快解决 [11][12] Industry Structure and Trends - 行业结构发生显著变化,部分航司盈利能力强劲,而另一些则面临困境 [4] - 成功航司倾向于积极发展常旅客计划、国际旅行和高端市场 [5] - 面临困境的航司通常提供标准化的低端服务,这类消费者目前消费意愿较低 [6] - 经济结构(K型经济)对航空公司业绩有影响,高端消费者贡献了大部分收入 [5][6] Capacity and M&A - 关注Spirit航空公司的未来发展,预计该公司将拒绝约一半的飞机 [7] - 对Spirit航空公司的潜在并购持中立态度,更关注飞机运力是否留在美国 [7][8] - 飞机制造商的挑战导致飞机交付延迟,限制了运力增长,这在一定程度上对行业有利 [9]
BASE jumping is on the rise at Yosemite due to a lack of park rangers during government shutdown
NBC News· 2025-10-28 12:08
Wow. >> It's the moment that took rock climber Charles Winstead by surprise. >> I was like, "Oh, wow. That's that's unusual." They don't usually jump in the middle of the day.>> That's never seen that before. >> Base jumpers landing in Yoseim's lush Meadows. The video taken in the last two weeks as thrillsekers seem to capitalize on the government shutdown.Space jumping is prohibited in all national parks, but that hasn't stopped thrillsekers from taking the plunge since the 1980s. Winstead says the appeal ...