Skip to main content

Featured

Speaker Johnson Warns of Record-Breaking U.S. Government Shutdown

Speaker of the House Mike Johnson, R-La., praises President Donald Trump's peacemaking efforts leading to a ceasefire pausing two years of war in the Gaza Strip, at the Capitol in Washington, Monday, Oct. 13, 2025.  House Speaker Mike Johnson has cautioned that the ongoing U.S. government shutdown could become the longest in the nation’s history, as the political standoff between Republicans and Democrats shows no signs of easing. Now in its 13th day, the shutdown has already shuttered federal offices, closed museums, and disrupted air travel across the country. Thousands of federal workers face layoffs, while unions have begun legal challenges against the administration’s actions. Johnson, speaking at the Capitol, said he would not negotiate with Democrats until they suspend their healthcare-related demands and agree to reopen the government. “We’re barreling toward one of the longest shutdowns in American history,” he warned. Vice President JD Vance described the cuts as “pain...
Post a Comment
Read more

article

Market Rebound: Dow, S&P 500, Nasdaq Futures Rise After Sharp Sell-Off

After a turbulent trading session, U.S. stock futures are showing signs of recovery on Tuesday. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite futures all climbed, attempting to regain ground lost during Monday’s sharp decline.

The market downturn was largely driven by renewed tensions between President Trump and Federal Reserve Chair Jerome Powell. Trump’s criticism of Powell’s monetary policy decisions added uncertainty to investor sentiment, leading to a widespread sell-off. However, futures rebounded as investors assessed the broader economic outlook and upcoming corporate earnings reports.

Tesla’s earnings report, scheduled for later today, is expected to be a key focus for investors. The electric vehicle giant has faced challenges with declining sales and shifting consumer demand, making its financial results particularly significant. Additionally, Verizon shares dropped in premarket trading after reporting a larger-than-expected loss in wireless subscribers, reflecting the impact of recent price hikes and competitive pressures.

Despite the volatility, analysts suggest that the market’s resilience could signal optimism among investors. As economic data continues to roll in, traders will be watching closely for signs of stability in the coming days.


Comments

Post a Comment