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The Latest Breaking News from Government Shutdown

Ronald Reagan-Era Economic Advisor Steve Hanke Calls Bitcoin's Government Shutdown Rally A 'Flight Of Fantasy'

Veteran economist Steve Hanke dismissed Bitcoin’s (CRYPTO: BTC) rally amid the federal government shutdown as a “flight to fantasy” on Tuesday.

Benzinga

Chuck Schumer Blames Trump For Government Shutdown, Says Republicans Are 'Hellbent On Taking Health Care Away From 60 Million Americans'

Senate Minority Leader Chuck Schumer (D-N.Y.) on Tuesday accused President Donald Trump and congressional Republicans of triggering the government shutdown, calling the standoff a "life or death" issue for millions of Americans.

Benzinga

Trump threatens no back pay for federal workers affected by government shutdown

The move is being seen by many as a strongarm tactic to pressure Democrat lawmakers into budging and reopening the government, which has entered its eighth day of shutdown.

Euronews

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Gold Tops $4,000 For First Time As Traders Pile Into Safe Haven

Gold prices broke $4,000 for the first time Wednesday as investors piled into the safe haven over expectations for US interest rate cuts and worries over the US government shutdown.

International Business Times

Flights delayed across multiple major airports due to government shutdown

More than 3,000 flight delays were reported Tuesday with Nashville and Chicago airports being hit hard

The Independent UK

Bitcoin, Ethereum, XRP, Dogecoin Snap Winning Run; Analyst Sees New ETH Highs Once Gold's 'Insanely Parabolic' Trajectory Ends

Leading cryptocurrencies slumped alongside markets on Tuesday, while gold surged to fresh highs, as the U.S. government shutdown entered its seventh day.

Benzinga

The Latest: Trump administration threatens no back pay for federal workers in shutdown

President Donald Trump’s administration is warning Tuesday of no guaranteed back pay for federal workers during a government shutdown, reversing what has been longstanding policy for some 750,000 furloughed employees, according to a memo being circulated by the White House

The Independent UK

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Staffing shortages cause more US flight delays as government shutdown reaches 7th day

Staffing shortages led to more flight delays at airports across the U.S. as the federal government shutdown stretched into a seventh day

The Independent UK

Federal shutdown deals blow to already hobbled cybersecurity agency

As the United States experiences its latest government shutdown, most of the daily operations of the federal government have ground to a halt. This includes much of the day-to-day work done by federal information technology and cybersecurity employees, including those at the nation’s leading civilian cybersecurity agency, the Cybersecurity and…

The Conversation

Corn Slipping Lower on Tuesday

Corn futures are showing fractional to penny losses across most contracts on Tuesday. The CmdtyView national average Cash Corn price at $3.78 1/2. USDA’s Crop Progress report was not published due to the government shutdown. The trade was looking for corn harvest to near 29% complete as of Sunday, with...

Barchart

America's air traffic controller shortage is even worse during the government shutdown—but job candidates can make $145,000 per year

Air traffic controllers, expected to work without pay during the government shutdown, aren’t showing up to airports. It’s making the industry’s headcount problem even worse, with staffing down 50% in some areas.

Fortune

Flight delays as US air traffic controllers feel strain of government shutdown

More than 6,000 US flights were delayed Monday as some airports temporarily closed amid staffing shortages

The Guardian - US

Furloughed federal workers in government shutdown aren’t owed back pay, Trump’s White House claims

‘The livelihoods of the patriotic Americans serving their country in the federal government are not bargaining chips in a political game,’ the American Federation of Government Employees national president said.

The Independent UK

Jon Stewart on Democrats protecting healthcare in shutdown: ‘The least they can do’

Late-night hosts discuss government shutdown and Trump sending national guard to quash imagined insurrections

The Guardian - US

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Barchart

Stocks Turn Lower as Chipmakers Retreat

The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.40%. December E-mini S&P futures (ESZ25 ) are down -0.34%, and December E-mini Nasdaq futures...

Benzinga

Marjorie Taylor Greene 'Disgusted' With GOP Stance, Open To Healthcare Talks With Democrats: 'Going To Go Against Everyone'

Rep. Marjorie Taylor Greene (R-Ga.) expressed willingness to discuss health care with Democrats, breaking from her party's stance amid the government shutdown.

The Guardian - UK

Gold price tops $4,000 for first time as investors seek safe haven

Precious metal having biggest rally since 1970s amid political uncertainty in US, France and Japan

The Independent UK

Government shutdown threatens to stall the recovery in the IPO market

The U.S. government shutdown could raise a caution flag for private companies considering a move to the public market for investors

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Barchart

Stocks Supported by the AI Spending Boom

The S&P 500 Index ($SPX ) (SPY ) today is up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.25%. December E-mini S&P futures (ESZ25 ) are up +0.13%, and December E-mini Nasdaq futures...

Euronews

Gold and Bitcoin hit record: Safe havens climb as uncertainty persists

The government shutdown in the US and the French political crisis have brought renewed uncertainty to financial markets.

Barchart

Stock Index Futures Muted as U.S. Government Shutdown Continues

December S&P 500 E-Mini futures (ESZ25) are down -0.04%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.01% this morning, taking a breather after hitting fresh records in the prior session, while the deadlock between Republicans and Democrats in Washington continues.

The Independent UK

Gavin Newsom hits out at Trump over shutdown after FAA warned airport would have no air traffic controllers

Travelers hit with frustrating delays and cancellations as government shutdown affects federal agency workers

Benzinga

Tom Lee Sees 'Powerful Tailwinds' Despite Goverment Shutdown, Calls Current Scenario 'The Most Hated V-Shaped Rally'

Fundstrat’s Tom Lee has expressed optimism about the U.S. economy despite the ongoing government shutdown, citing two key factors that could drive investor confidence.

The Independent UK

Jon Stewart shreds ‘human flat tire’ Chuck Schumer in ‘WTF’ rant over government shutdown

Daily Show host derides Senate minority leader over ineffective leadership and weak jokes

International Business Times UK

Is Burbank Airport Shutting Down? Air Traffic Control Chaos Sparks Massive Flight Delays

Burbank Airport experiences massive flight delays amid air traffic control staffing problems, prompting shutdown fears among passengers.

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