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U.S. financial markets showed resilience on Friday as major indexes posted modest gains despite mounting concerns over the ongoing government shutdown. Investors appeared to downplay the immediate risks of Washington’s budget impasse, instead focusing on corporate earnings and broader economic fundamentals. The Dow Jones Industrial Average closed up 0.4%, the S&P 500 advanced 0.5%, and […]
U.S. stocks inched higher on Thursday as investors cautiously assessed the potential economic consequences of the ongoing federal government shutdown, now entering its third day. Despite political gridlock in Washington, major indexes managed modest gains, suggesting markets are still betting on a resolution. The Dow Jones Industrial Average rose 0.3%, the S&P 500 added 0.4%, […]
The White House has warned that mass layoffs of U.S. federal workers are “imminent” as the ongoing government shutdown shows no signs of resolution. Officials cautioned that what began as temporary furloughs could soon lead to permanent job losses for hundreds of thousands of employees. The shutdown, now in its second day, marks the first […]
Elie Honig, a former federal prosecutor and legal analyst, has drawn attention to a striking similarity between Donald Trump’s approach to federal workers and his notorious tactics in the real estate business. According to Honig, Trump’s strategy follows a familiar pattern—making big promises, avoiding accountability, and leveraging power dynamics to his advantage, often at the […]
