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Bloomberg· 2025-10-03 16:41
The White House is concerned that a prolonged government shutdown could further delay the release of key economic data the jobs report scheduled for Friday was held back https://t.co/0JOULWuLWE ...
X @Bloomberg
Bloomberg· 2025-10-03 16:20
Republican congressional leaders Mike Johnson and John Thune stuck to their talking points as the government shutdown entered its third day.Another Senate vote Friday on a House-passed temporary spending bill is expected to fail https://t.co/HHv0dXv5bs https://t.co/XGKixgzMQx ...
‘We believe it’s illegal’: Federal workers union leader on admin's threats of mass firings
MSNBC· 2025-10-03 15:57
And joining us now is Everett Kelly, the national president of the American Federation of Government Employees. Everett, right now, what should people know about the kind of work that's not getting done with all these federal workers furlowed. Well, honor, thank you first of all for having me.You know, uh I don't think that people have saw the full effect yet, but you will see very quickly um employees not being able to perform their duty is going to affect the American people. Uh you will see long lines in ...
LIVE: GOP leadership hold news conference on Day 3 of government shutdown
MSNBC· 2025-10-03 14:51
Watch live coverage as the GOP leadership led by Senate Majority Leader John Thune (R-SD) and House Speaker Mike Johnson (R-LA) hold a news conference ahead of another Senate vote on spending bills that failed previously. Sen. John Thune said if the measures are blocked again, the Senate will adjourn until Monday, extending the government shutdown into a sixth day.THUMB: Recent Thune, Johnson For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/ » Sub ...
'Unhinged and unserious': Jeffries says Trump knows he caused shutdown
MSNBC· 2025-10-03 14:31
part of these negotiations apparently feature AI themed videos that President Trump is sending out of you. Uh one the other day uh which you're featuring wearing a sombrero and a mustache and you alongside uh Senator Schumer saying you know things that you did not actually say and then one posted overnight where President Trump with a Trump 2028 hat which he did actually have on his desk in your meeting with him. He threw it uh in this video on your head and laughed.Can you just talk to us about what that m ...
Senate expected to vote today on short-term spending bills
CNBC Television· 2025-10-03 14:31
We have day three of the government shutdown. The Senate expected to vote again today on the same proposals that failed Tuesday and Wednesday. Let's get to Emily Wilkins with the latest from DC and whether we should expect any different.Mike, I mean, at this point, the short answer is no. We should not expect any different today. At this point, there just doesn't seem to be a way out of this government shutdown.So, what we're expecting to see later this afternoon, the Senate will come back. They will have a ...
Rev. Al: Democrats must stick to their guns and fight during shutdown
MSNBC· 2025-10-03 13:57
We are three minutes past the top of the hour and there is still no sign of a resolution in the government shutdown that is in place right now as Republicans and Democrats continue to trade accusations as to who is to blame. Votes on a funding bill are scheduled to resume in the Senate this afternoon following a break yesterday. But if those votes fail again, no votes are expected over the weekend, which would extend the shutdown until at least Monday.Senate Majority Leader John Thoon dismissed the idea tha ...
JPMorgan predicts bitcoin could hit $165K, President Trump threatens to fire federal workers
Yahoo Finance· 2025-10-03 13:38
Hello and welcome to Morning Brief Market Sunrise. I'm Raman Karamali live from Yahoo Finance Studios in London. It's Friday 3rd October.Coming up on the show, Wall Street hits record highs even as the government shutdown drags on. AI tie-ups involving Open AI and Nvidia fuel investor enthusiasm. and I'll tell you all about something called the debasement trade.So, grab your coffee and let's own the morning. Well, the first thing you need to know about is that Wall Street hit record highs on Thursday and th ...
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Bloomberg· 2025-10-03 13:07
The White House still employs 45 staffers for Elon Musk’s Department of Government Efficiency despite the Tesla CEO’s departure in May — and they’re exempt from being furloughed during the government shutdown https://t.co/y5Wbqcz1aB ...
Fruzzetti: The shutdown doesn't always have huge economic implications
Youtube· 2025-10-03 12:42
Core Insights - The government shutdown is not expected to have significant economic implications, although it may affect market sentiment [1] - The labor market is softening, and lower interest rates alongside the strength of higher-income consumers may provide support, but volatility is anticipated until stimulus effects materialize in early 2026 [2] - The focus in the market has shifted back to the "Magnificent 7" mega-cap tech stocks, indicating a preference for these over broader market trades [2] Market Trends - A barbell investment strategy is recommended, combining defensive and growth sectors, especially in light of potential government shutdowns [3][4] - Gold is highlighted as a valuable asset to hedge against a weakening dollar [4] - The healthcare sector has historically outperformed the S&P 500 during midterm election years, making it a strategic investment choice [5] Client Sentiment - Clients are currently experiencing emotional reactions driven by political rhetoric, leading to concerns about safety and protection of their investments [7][8] - There is a demand for scenario analysis to create versatile portfolios that can adapt to market corrections and capitalize on opportunities [9]