Eight moderate Senate Democrats defied party leadership late Sunday night, November 9, 2025, to advance a funding deal that would reopen the government without guaranteeing extensions of Affordable Care Act subsidies, putting Congress on a path to end the longest shutdown in American history. The agreement, reached by a group of Democrats who teamed up […]
Category: Politics
Supreme Court Justice Jackson temporarily blocks Trump SNAP payments ruling as government shutdown drags into day 37
Supreme Court Justice Ketanji Brown Jackson issued a temporary administrative stay late Friday evening, November 7, 2025, blocking a federal judge’s order that would have required the Trump administration to fully fund November SNAP benefits by the end of the day. The emergency ruling gave the 1st Circuit Court of Appeals time to consider the […]
Centrist Democrats betray progressive base as eight senators strike shutdown deal without healthcare guarantees, ending 43-day crisis
Eight moderate Senate Democrats defied their party leadership Thursday, November 6, to advance a funding deal that would reopen the government without guaranteeing extensions of Affordable Care Act subsidies, putting Congress on a path to end the longest shutdown in American history after 43 days. A critical bloc of eight Senate Democratic centrists on Sunday […]
Democrats sweep off-year elections as shutdown becomes longest in U.S. history, Trump blames Republican losses on budget crisis
The government shutdown officially became the longest in American history Tuesday night, November 4, 2025, as voters delivered devastating defeats to Republicans in off-year elections that both parties characterized as a referendum on President Trump’s agenda. Today marks day 36 of the ongoing government shutdown, making it the longest in U.S. history, taking the title […]
Government shutdown enters day 31 as SNAP crisis explodes, Trump hosts Gatsby party while federal judges order emergency food aid
The government shutdown entered its 31st day Friday, matching the longest funding lapse in American history as a national food assistance crisis erupted with Supplemental Nutrition Assistance Program benefits suspended for more than 40 million low-income Americans. Two federal judges ordered the Trump administration to use emergency funding to provide SNAP benefits, rejecting the administration’s […]
Fed cuts rates but Powell dampens December hopes, Meta craters 11% on AI spending fears as Trump-Xi trade truce falls flat
Wall Street retreated from record highs Thursday, October 30, as Federal Reserve Chair Jerome Powell cast doubt on additional rate cuts while massive AI spending by technology giants spooked investors worried that artificial intelligence investments may never generate adequate returns. The S&P 500 dipped 0.99% to finish the day at 6,822.34, while the Nasdaq Composite […]
Trump and Xi prepare for historic summit as breakthrough trade framework promises tariff relief and rare earth cooperation
President Donald Trump expressed confidence Tuesday, October 29, 2025, that his upcoming meeting with Chinese President Xi Jinping in South Korea would produce a comprehensive trade deal as both nations projected optimism following weekend negotiations in Malaysia that established a framework for ending months of escalating tensions. Trump expressed hope for a grand deal between […]
Tech megacaps drive indexes to fresh records as Microsoft secures $135B OpenAI stake, S&P 500 breaks through 6,800 barrier
Wall Street powered to new all-time highs Monday, October 28, as technology giants continued their relentless march higher on artificial intelligence optimism while the broader market took a breather following its recent torrid rally. The Dow Jones Industrial Average advanced 0.7% or 337.47 points to close at 47,544.59, marking a new record close, while the […]
Trump declares breakthrough as Treasury Secretary Bessent confirms 100% China tariffs ‘off the table’ ahead of Thursday Xi summit
President Donald Trump expressed confidence, Monday, that his upcoming meeting with Chinese President Xi Jinping will produce a comprehensive trade deal as Treasury Secretary Scott Bessent told reporters that Trump’s threatened 100% tariff increase on Chinese goods is effectively off the table. Speaking aboard Air Force One en route to Japan from Malaysia, Trump added […]
Stocks hit all-time highs as Trump-Xi trade deal optimism sends S&P 500 up 1.2%, Bitcoin rallies on risk-on sentiment
Wall Street surged to fresh record highs Monday, October 27, as investors celebrated news that Chinese and U.S. trade negotiators have reached a substantial framework ahead of Thursday’s summit between President Trump and Chinese President Xi Jinping in South Korea. The S&P 500 climbed 1.2% as Chinese and US trade negotiators have lined up an […]