cessation of "non-essential" government services in the United States due to a funding lapse
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U.S. Justice Ketanji Brown Jackson issued a scathing dissent after the court issued a ruling on Thursday. How NYC quietly preparing for a Trump/big government takeover... Here's the job catastrophe Trump didn't want you to know before Tuesday's election - How the 3 T's of the jobpocalypse — Trump, tech bros, and tariffs — are destroying the economy.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
There've now been more than two-thousand flight delays or cancellations in the US linked to the continuing government shutdown. International routes aren't being affected, but many air traffic controllers who've gone unpaid are calling in sick or taking other jobs. Jamaica is set to receive a $150 million payout from its catastrophe bond after Hurricane Melissa. It's the first time it's been triggered in full. The World Bank tells the BBC it's a vital boost to the country's recovery. Andrew Peach also examines Elon Musk's trillion-dollar pay award after Tesla shareholders back a record-breaking deal that could make the world's richest man even richer. We hear from one investor who voted against it.
Beyond Cruelty Alert. Armed agents drive off with toddler after detaining her father. Get this - They got in the car with the toddler, after they dragged off the dad, with their guns and masks (very scary for a child) and drove off... This is who we are now. ICE stalked and detained U.S. citizen for 7 hours after she photographed agents in Oregon..WTF? Veteran war correspondent Phil Ittner reports from Ukraine. Author Danny Goldberg explains his new book, Liberals with Attitude.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The US Government shutdown has entered its 37th day - it is the longest period of time the American government has been closed…It all started on October 1st, because of the inability of Congress to agree to a new funding deal for Government workers and essential services.Joining Ciara Doherty to discuss is Anthony Zurcher, North American Correspondent with BBC News.
The government shutdown in the United States is set to become the longest in the country's history as Democrats and Republicans fail to agree on a new budget, leaving more than 40 million Americans who rely on food stamps facing great uncertainty. The White House says it will use emergency funds to provide reduced food aid. Also: the Israeli military's former top lawyer is arrested over the leak of a video allegedly showing Palestinian detainee abuse; dozens of people are killed after an earthquake in northern Afghanistan; the BBC visits India's Bihar state ahead of elections; what's causing an Antarctic glacier to rapidly retreat; Starbucks sells part of its operations in China; fast fashion giant Shein bans sex dolls on its online platform; the latest from Prince William's trip to Brazil; a conversation with Salman Rushdie; and Indonesians rail against "ugly" glass elevator on Bali cliff.The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk
Americans in states and localities across the country are heading to the polls on Tuesday to cast their votes for a variety of candidates, positions, and ballot measures.The U.S. government shutdown entered its 35th day on Tuesday, matching the record for the longest shutdown in history as Republicans and Democrats in Congress continue to blame each other for the standoff.
In the first official episode of the new season Dana unpacks the US government shutdown, why it happened, why it keeps happening, and what it means for the people on the ground. She also discusses Trump's most recent Gaza Peal Deal and some of its demands.See omnystudio.com/listener for privacy information.
The US government shutdown appears on course to be the longest in history after President Trump made clear he has no plans to negotiate with Democrats over healthcare costs. Leanna Byrne hears from a worker and a food bank in New York. Also, Kimberly-Clark, the company behind Huggies and Kleenex, is buying the maker of Tylenol and Kenvue, in a forty-nine billion dollar deal. Almost ten years after launching its ambitious Vision 2030 plan to diversify away from oil, Saudi Arabia is pouring billions into artificial intelligence and high-tech infrastructure. Presenter: Leanna Byrne Producer: Ahmed Adan Editor: Olie D'Albertanson
The US Corporation is bankrupt, and has suspended the constitution since 1871. In this podcast I blend current events with research done by Karen Hudes (world bank lawyer & whistleblower) and Jordan Maxwell. To understand the current US Government Shutdown, we have to understand the bankers who have been running the country, and what their goals are. In this episode of the Highway Diary podcast Eric goes through a history of debts of America, who holds them, and how the Deep State has gotten out of control. At the end, Eric puts this in context of the No Kings protest, as the same players are involved in the organization of that. Hint: The Freemasons, who are run by the British Royal Family. www.EricHollerbach.com
There's no sign of an end to the US government shutdown. 1.4 million workers are going without pay, while some people on federal aid are worrying how they'll get their next meal. How can the stand-off between Republicans and Democrats be resolved and what'll happen if it goes on? In this episode: Marena Lin, Co-founder, Project Restore Us. Niall Stanage, White House Columnist. The Hill. Chris Tilly, Professor, University of California Los Angeles. Host: Adrian Finighan Connect with us:@AJEPodcasts on Twitter, Instagram, Facebook
US Government Shutdown – What the FDA Can Still Be Doing? When the U.S. government experiences a shutdown, the consequences ripple across every industry — but for medical device manufacturers, the uncertainty can be alarming. In this article, Regulatory Expert Rob Packard explores what happens to the U.S. Food and Drug Administration (FDA) during a shutdown, and how it affects global manufacturers. You'll learn: Which FDA activities continue, and which are suspended How submissions like 510(k), PMA, and De Novo are impacted What happens to clinical trials, recalls, and ongoing investigations Whether this situation has happened before and how long it could last How companies can prepare and what contingency actions to take
Dutch voters head to the polls, Lebanon’s race to disarm Hezbollah, Australia’s PM heads to Malaysia and the US government shutdown’s impact on aviation. Plus: the ‘Perfume, sculpture of the invisible’ exhibition in Paris.See omnystudio.com/listener for privacy information.
In this episode of Cybersecurity Today, host David Shipley covers the latest updates from the Pwn2Own 2025 event in Ireland, where top hackers earned over $1 million for uncovering 73 zero-day vulnerabilities. Despite significant hype, AI's impact on cybersecurity remains limited. We also dive into a critical Microsoft WSUS flaw under active exploitation and its implications for U.S. government cyber defenses amid a federal shutdown. Lastly, ESET reports reveal North Korea's increased cyber espionage targeting European drone manufacturers. Stay informed on the ever-evolving landscape of cybersecurity threats and defenses. 00:00 Introduction and Headlines 00:29 Pwn to Own 2025 Highlights 02:35 AI's Role in Cybersecurity 03:43 Microsoft's Critical WSUS Vulnerability 07:24 US Government Shutdown and Cyber Attacks 10:04 North Korean Cyber Espionage 12:46 Conclusion and Call to Action
Listen now to the podcast from the Asset Management and Investors Council (AMIC), ICMA's dedicated forum advocating the interests of buy-side members, including asset managers, institutional investors, private banks, pension funds, and insurance companies, among others. Anita Karppi, Senior Director - Buy-side, Market Practice & Regulatory Policy, ICMA was joined this episode by industry experts, Bob Parker, former Chairman of AMIC and Senior Adviser to ICMA, and Massimiliano Castelli, PhD MSc, Managing Director and Head of Strategy & Advice at UBS Asset Management, who also serves as the Co-Chair of the AMIC Executive Committee. This podcast was recorded on 24th October 2025, where the team discussed: IMF/WB Annual Meetings: What were the major takeaways? US Government Shutdown & US/China Trade Negotiations: How will these challenges impact global markets? Central Bank Meetings: What to expect from the Fed, ECB, BoE, and BoJ in late October and early November? Equity and Commodity Markets: Are we witnessing bubbles, and how can we define one? Investor Sentiment: After a strong 2025 performance, will investors take profits or reduce risks? German Government & European Financial Integration: Will we finally see progress on the Capital Markets Union? If you have questions or topics that you would like our guests to address in future episodes, please feel free to get in contact via email: AMIC@icmagroup.org. Learn more about AMIC: https://www.icmagroup.org/market-practice-and-regulatory-policy/asset-management/
Samara Hammoud and Carol Kong discuss the top influences on currency markets this week including China's data dump, Japanese politics, the ongoing US government shutdown and the latest inflation data from around the world. Disclaimer: Important Information This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”). Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au. No Reliance This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for informational purposes only and is not to be relied upon for any investment purposes. This podcast does not take into account your objectives, financial situation or needs. It is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products, or as a recommendation, and/or investment advice. You should not act on the information in this podcast. The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations made are reasonably held at the time given, and are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made. Liability Disclaimer The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided or arising out of the use of all or part of the podcast.
The ongoing US Government shutdown is set to have wide-reaching effects, with economists raising concerns over the impacts. Missed pay cheques and the absence of billions of dollars of Government services will likely reverberate beyond federal workers and sting the broader public. Milford Asset Management's Brendan Larsen explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
In this episode of Hospitality Hot Topics, hosts Steve Carran and David Millili are joined by the legendary Anthony Melchiorri to break down what's been happening in the hospitality world throughout September.From ongoing labor shortages and AI's role in hotel operations, to the impact of the government shutdown on travel, visa challenges for international tourism, and skyrocketing holiday travel costs, the trio dives deep into the realities—and opportunities—facing hoteliers today.Anthony shares his trademark candid takes on industry trends, training, and technology, plus some entertaining insights on everything from Delta's YouTube partnership to the origin of resort fees (hint: he had something to do with it!).Topics Covered:Why labor shortages might never go away—and how AI can actually helpThe effect of government shutdowns on travel and tourismRising holiday travel costs and the AI-driven pricing challengeHow airlines and hotels can better embrace technologyFun behind-the-scenes stories from Anthony's 40-year hospitality careerWatch the FULL EPISODE on YouTube: https://youtu.be/4_xZWfZz36ALinks:Labor Issues are hotels top challengeUS Government Shutdown Affects US Travel (Another article)Visa Law is a new hurdle for tourists and business travelersHoliday Travel TrendsDelta Partners with YouTubeWhat is new with Anthony MelchiorriFor full show notes head to: https://themodernhotelier.com/episode/219Follow on LinkedIn: https://www.linkedin.com/company/the-...Join the conversation on today's episode on The Modern Hotelier LinkedIn pageConnect with Steve and David:Steve: https://www.linkedin.com/in/%F0%9F%8E...David: https://www.linkedin.com/in/david-mil.
Politics continue to take centre stage, with the shocking LDP election result in Japan and the resignation of the French Prime Minister after less than 4 weeks in office. The EUR has weakened as a result, while USD/JPY has surged. We discuss the main policy features of ‘Sanaenomics', the implications for the BOJ, and what to expect from the political developments in France. Our guest speaker, Samira Fazili, Managing Director, US Public Policy & Government Affairs, shares her take on how and when the US government shutdown could end. Chapters: US: 02:12, Japan 13:57, Asia: 20:06, Europe: 21:43.
Do stock dividends give you better returns? With the S&P 500 currently paying a dividend of only 1.1%, which is the lowest in about 25 years, people may wonder if they should even care about dividends. In 2024, dividends were only 36% of profits, which was 20 points below the average going back nearly 100 years. Looking at return figures, if you go back 65 years, reinvested dividends did account for roughly 85% of the S&P 500's total return. With the market at all-time high valuations, investors should not give up on investing in companies that pay good dividends, but they also should do plenty of research to verify the dividend is strong and will last. And never ever buy a company just because it pays a dividend! When looking for companies that pay dividends, look for stocks with new or increasing dividends because since 1973 they returned on average 10.2% versus 6.8% for those companies that did not increase their dividend. Over the same timeframe, those stocks not paying dividends had a return of only 4.3%. Remember when looking at investing in dividend stocks to check that the company has a good amount of cash flow, a reasonable payout ratio to pay that dividend and a strong balance sheet that does not have excessive debt and a good amount of cash for liquidity. How will the US government shutdown affect you and the economy? Over the last 50 years, the government has shutdown 21 times with the longest being December 2018 when it lasted 34 days. The shutdown will affect mostly those consumers who are traveling with experts from the travel industry saying it will lose about one billion dollars a week. Think about all the national parks that will be closed and the frustrations at the airports will probably curtail travelers' enthusiasm for traveling. Even with all the negative headlines, stocks tend to do well during a government shutdown with the average three month return after the shutdown at 9.5% and one year later at 22.4%. I would not encourage people to think they will get a 22% return this time around because of the valuation on the stock market these days. Unfortunately, bonds don't do as well with the three-month return being a -37% and a one-year return on bonds being a -10.7%. What this means is during a government shutdown generally long-term interest rates increase as bonds fall, and this would be detrimental to the housing market as we would then see mortgage rates increase if history repeats itself. On the shorter end of the yield curve, the Federal Reserve who sets short term interest rates will be handicapped because they will not be getting economic information such as the labor report and other government data to make their decision for interest rates cuts. It is possible if the shutdown is still ongoing at the end of October, the Federal Reserve may not cut interest rates because of the lack of data. The million-dollar question of how long it will last is a difficult one to answer as no one knows for sure but it appears since both sides are so far apart, they will not come to the negotiating table and until some negativity starts showing up in the economy there is not much pressure on the politicians. That means this shutdown could be one for the record books and could perhaps last a month or two! Public debt looks strong, but private debt not so much Public debt, which are bonds that trade on the public market, is looking rather strong based on the small yield margin between investment grade and speculative grade securities compared with the risk-free government debt. In September, $207 billion of corporate bonds were issued and that's the fifth highest monthly amount on record. Year to date returns for those holding public corporate bonds stands between 7 to 8%. Private debt on the other hand is starting to have issues as companies such as Tricolor Holdings, which is a lender to individuals with low credit ratings, filed for chapter 7 bankruptcy in September. The debt holders may get something, but when a company files chapter 7 bankruptcy, the government receives their money first along with the attorneys and then what is left over if any, goes to the debt holders then equity holders. Also, last month an auto parts company called First Brands filed for chapter 11 bankruptcy, they had $6 billion of leveraged loans outstanding. This could be the beginning of an avalanche of defaults in private credit as I believe if the economy continues to slow down, these products will have some major problems. Hopefully you weren't sold anything that deals with private debt, equity or real estate by your broker. Financial Planning: Updated Tax Brackets for 2026 For 2025, married couples filing jointly will see their standard deduction rise from $31,500 to $32,200 with an additional $1,650 per spouse for those age 65 or older and a new $6,000 deduction per spouse for households with adjusted gross income (AGI) under $150,000, bringing the total possible standard deduction to $47,500. The 12% federal tax bracket will now apply to taxable income up to $100,800 (up from $96,950), and the 0% capital gains and qualified dividend threshold will increase to $98,900 (from $96,700). When calculating tax liability, AGI minus the standard deduction equals taxable income. For retirees, this means the $150,000 AGI level is an especially important threshold to stay under. It unlocks the extra $6,000 standard deduction, keeps all ordinary income in the 10% and 12% brackets, and ensures that capital gains and dividend income remain tax-free. These inflation adjustments give married couples, especially retirees and middle-income earners, more room to keep their income in lower tax brackets and reduce their overall taxable income going into 2026. Companies Discussed: Verizon Communications Inc. (VZ), Cal-Maine Foods, Inc. (CALM), International Paper Company (IP) & Advanced Micro Devices, Inc. (AMD)
AP correspondent Ed Donahue reports on the government shutdown's impact at airports.
Despite uncertainty around the US government shutdown and signs of economic weakness, equities have rallied, though tech stocks paused as AI enthusiasm met valuation concerns. With non-farm payroll data delayed, investors are turning to private sector indicators for labour market insights. Meanwhile, in Japan, Sanae Takaichi's surprise win as Liberal Democratic Party (LDP) leader signals a potential return to expansionary “Sanaenomics”, a policy stance reminiscent of Abenomics, boosting equities and pressuring the yen. Tune in for a deep dive into the macro shifts shaping markets this week.This episode is presented by Magdalene Teo, Head of Fixed Income Research Asia, Julius Baer.
Samara Hammoud and Carol Kong discuss the top influences on currency markets this week including the US government shutdown, Japan's Liberal Democratic Party leadership race results, and Canada's labour market data. Disclaimer: Important Information This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”). Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au. No Reliance This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for informational purposes only and is not to be relied upon for any investment purposes. This podcast does not take into account your objectives, financial situation or needs. It is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products, or as a recommendation, and/or investment advice. You should not act on the information in this podcast. The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations made are reasonably held at the time given, and are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made. Liability Disclaimer The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided or arising out of the use of all or part of the podcast.
Monocle’s Chris Cermak and Laura Kramer look at the US government shutdown as it enters its third day. Plus: perks airlines use to keep customers happy and we visit Taybeh Brewing Co in the West Bank.See omnystudio.com/listener for privacy information.
For financial markets and economists, the main near-term challenge of the US government shutdown is a lack of data. The longer the shutdown rumbles on, the larger the potential negative economic consequences. In Europe, we are moving firmly into budget season, putting fiscal policies at the top of the agenda. In Asia, it is all about central bank meetings, with the Philippines, Thailand and New Zealand all set for rate cuts in the week ahead. Chapters: US: 02:13, Europe: 08:06, Asia: 13:34.
European bourses and US futures are firmer into a quieter than initially scheduled session on account of the gov't shutdown, ES +0.3%.DXY underpressure, down to a 97.70 trough. JPY is the relative laggard after remarks from Ueda, NZD continues to climb.USTs await ISM Services, Bunds unreactive to PMI revisions and remarks from Lagarde re. Knot. Gilts are attentive to the OBR's first forecast round.Crude saw fleeting upside on Hamas asking for more time to consult on Trump's Gaza plan, XAU pauses for breath.Looking ahead, US Final Composite PMIs (Sep), ISM Services (Sep), ECB's Schnabel, Fed's Williams, Jefferson, BoE's Bailey.Due to the US government shutdown, the following data will not be released: US NFP (Sep).Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
A view mass layoffs are imminent as the US Federal Government shutdown nears its third day. Democrats and Republicans failed to get their respective bills through the senate, suspending thousands of government workers without pay. US President Donald Trump's called it an unprecedented opportunity to slash spending. US Correspondent Jonathan Kearsley told Andrew Dickens layoffs are coming, it's just a question of how deep and wide they are. He says we know they're looking to slash spending to save billions, but the shutdown is also hurting the economy every day. LISTEN ABOVE See omnystudio.com/listener for privacy information.
SBS Finance Editor Ricardo Gonçalves speaks with Callam Pickering about the latest household spending data and what it means for interest rates, plus Henry Jennings from Marcus Today on the days market action.
Idiocracy, Government Shenanigans and Influencer AlliesJoin Dan and Corey for another rousing episode of 'Lib Conservative', where they dive deep into today's political theatre. From the delight of government shutdowns to the absurdities of ICE antics, they leave no stone unturned. Discussing everything from BB Netanyahu's desperate influencer campaign to promote Israel during their PR nightmare, to the baffling indictment of James Comey, it's a rollercoaster of political madness. Plus, behold the hilarity of ICE agents chasing immigrants and the jaw-dropping incompetence of government officials. Tune in for belly laughs and sharp insights on 'Lib Conservative', the world's smartest internet show.00:00 Introduction and Show Opening01:01 Government Shutdown Drama02:56 Idiocracy and Reality TV03:58 UFC Fight at the White House16:33 Government Shutdown Impact26:34 Political Theater and Media Bias53:19 First Amendment and Free Speech54:14 Israel and Gaza Conflict56:41 Flotilla Incident and Historical Comparison58:52 Performative Nature of Activism59:26 Netanyahu's PR Struggles and Influencer Strategy01:00:53 Candace Owens and Conspiracy Theories01:01:22 Netanyahu's Influencer Meeting01:04:27 Propaganda and Foreign Influence01:43:36 ICE Surveillance and Civil Liberties01:47:15 Humor and Political Commentary01:51:18 Conclusion and Final Thoughts
The U.S. government shuts down as the Senate fails to pass a funding bill, Israel's defense minister says that Gaza City is almost completely encircled, the U.N. approves a new 'gang suppression force' for Haiti, former Democratic Republic of Congo President Joseph Kabila is sentenced to death, Trump announces a deal with Pfizer to lower drug prices, Musk backs calls to boycott Netflix, a 6.9 earthquake kills dozens in the Philippines, a gas explosion partially collapses a Bronx public housing building, Nepal enthrones a two-year-old girl as its new living goddess, and scientists create human eggs from skin cells for the first time. Sources: www.verity.news
The White House Press Secretary's confirmed federal layoffs could happen within days thanks to the latest United States government shutdown. Federal funding expired yesterday after Democrats and Republicans failed to get their respective bills through the senate, furloughing thousands of government workers. Donald Trump is blaming the Democrats, threatening to follow through with mass layoffs in an effort to pressure them to back moves to end the shutdown. US Correspondent Richard Arnold told Mike Hosking that analysts are estimating approximately 750,000 federal employees will be furloughed. LISTEN ABOVE See omnystudio.com/listener for privacy information.
How will the US Government shutdown affect travel to the States? Guest: Lewis Krashinsky, Department of Political Science at the University of Toronto Learn more about your ad choices. Visit megaphone.fm/adchoices
A partial government shutdown has come into effect in the US. Democrats and Repulicans failed to agree on a spending bill, meaning hundreds of thousands of federal workers face not being paid. Also, the UN is appealing to the ruling Taliban to restore nationwide communications after the internet was cut across Afghanistan. The UN has announced a new security force to try and tackle gangs in Haiti. Leaders of the European Union will discuss how to protect their countries from drone attacks during meetings in Denmark. Scientists in the US are developing a technique that could use almost any cell in the body as the starting point of life. Official figures show Switzerland's glaciers have lost a quarter of their total volume over the past decade. Plus, an AI actor has been unveiled at the Zurich Film Festival.
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on X, Instagram, Facebook, and YouTube
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on X, Instagram, Facebook, and YouTube
Listen for the latest from Bloomberg News See omnystudio.com/listener for privacy information.
After weeks of threats from both sides and negotiations that went nowhere, the US is once again experiencing a government shutdown. This week, Jonathan Freedland speaks to Marianna Sotomayor, a congressional reporter at the Washington Post, to look at who should take the blame, who suffers, and who will blink first
Gold prices soar to record highs. The AP's Mike Hempen reports.
① The US government has shut down much of its operations as Congress and the White House failed to reach a funding deal. Is there a clear path out of the impasse? (00:37) ② China has officially launched its K-visa program aimed at attracting global young professionals. What is the role of global talents in China's path towards high-quality development and high-level opening? (13:19)
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Listen to the October 1st, 2025, daily headline round-up and find all the top news that you need to know.
Funding for the US government will be cut off at the end of Tuesday unless President Donald Trump's Republican Party can agree with opposition Democrats on a way forward with a spending bill. Gideon Long hears from Democrats and Republicans, as well as US workers. And, in Africa, a trade deal that's been the cornerstone of US-African economic relations for 25 years is set to expire. It's called the African Growth and Opportunity Act – AGOA for short. Plus, Afghanistan businesspeople are appealing to the Taliban after a total internet shutdown in the country. (File photo: A member of staff sits on steps close to the US Capitol, Washington, DC, USA, 30 September 2025. Photo by WILL OLIVER/EPA/Shutterstock)
As the US Senate prepared to vote again on a stopgap bill to keep the government funded for a few more weeks, President Donald Trump said a government shutdown was likely and warned Democrats that the administration could take some "irreversible" actions in such a scenario, including cuts to personnel and benefits. Meanwhile, YouTube has agreed to pay Trump $24.5 million to settle a lawsuit over the freezing of his account in the wake of the January 6, 2021 Capitol riot.
As an October 1 deadline fast approaches for the US Congress to agree on a spending bill to keep the US government running, federal agencies have outlined plans for a potential shutdown. Seen as non-essential, key economic reports on jobs and inflation could be delayed, adding more uncertainty over the state of the US economy. Also in this edition, we look at the record buyout of video game maker Electronic Arts by a group of investors led by the Saudi Public Investment Fund (PIF) and Jared Kushner.
What happens when Washington fails to fund the government? In this episode of C-Suite Perspectives, guest host Dana Peterson, Chief Economist at The Conference Board, sits down with Yelena Shulyatyeva, Senior US Economist for The Conference Board Economy, Strategy & Finance Center, to unpack the economic, business, and consumer impacts of a government shutdown. From delays in critical economic data to disruptions for federal workers, contractors, and even mortgage approvals, Yelena explains the ripple effects of shutdowns across sectors. The discussion also explores how consumer confidence, GDP growth, and even the Federal Reserve's policy decisions can be influenced when the government goes dark. Whether you're a business leader preparing for uncertainty, an investor tracking economic signals, or simply curious about how a shutdown affects everyday life, this conversation offers clarity and context on one of Washington's most disruptive events.
In the US, top congressional leaders plan to meet with President Donald Trump on Monday, a day before federal funding would expire if an agreement on a short-term spending bill can't be reached. A shutdown would threaten the release of key data including Friday's payrolls report, key to assessing whether the Federal Reserve will continue cutting interest rates next month. We heard from James Abate, Managing Director, Head of Fundamental Strategies at Horizon Investments. And - Asian stocks moved in a tight range at the open. Over the weekend, Chinese Industrial profits in August climbed 20.4% from a year earlier, the first increase in four months, according to data released Saturday by the National Bureau of Statistics. Factory deflation eased for the first time in six months. For more, we heard from Sian Fenner, Westpac Head of Business and Industry Economics. She spoke to Bloomberg's Avril Hong. See omnystudio.com/listener for privacy information.
In previous weeks, the Fed's easing expectations appear to have been driving all markets, sending equities higher, credit spreads tighter, and the USD and US yields lower. However, better US data this week have resulted in some rate cut expectations to unwind. Markets will be in for another big test next week, with the US Payrolls report and the significant risk of a US government shutdown. We preview China's PMI data, the Reserve Bank of India and the Reserve Bank of Australia's policy meetings, and activity data in Japan. Chapters: US: 01:49, China: 06:50, India: 10:39, Japan: 13:58, Australia: 15:35.