President Donald Trump departed for Asia on Saturday for his first major diplomatic mission of his second term as the government shutdown entered its 25th day with no resolution in sight to the budget crisis that has left hundreds of thousands of federal workers without paychecks. Trump is heading to the Kuala Lumpur Convention Center […]
Category: Politics
Dow smashes through 47,000 for first time as cooler inflation data sparks relief rally, energy stocks surge on Russian sanctions
Wall Street roared higher Friday, October 24, as better-than-expected inflation data reinforced investor confidence that the Federal Reserve will continue cutting interest rates while corporate earnings remained robust enough to justify elevated valuations. The Dow gained 473 points or 1.01% and closed at 47,207.12, closing above 47,000 for the first time ever, capping a week […]
Shutdown enters day 23 as Democrats signal openness to bipartisan worker pay deal while SNAP benefits face November collapse
The government shutdown entered its 23rd day Thursday, October 23, 2025, with House Minority Leader Hakeem Jeffries expressing cautious openness to a potential bipartisan Senate bill to pay federal workers even as Democrats maintained their core demands for Affordable Care Act subsidy extensions. Jeffries said House Democrats will consider in good faith anything bipartisan that […]
Markets whipsaw on China export fears as Trump’s mixed signals create investor confusion, gold tumbles 5% in steepest drop since 2020
Wall Street experienced violent swings Wednesday, October 22, as renewed concerns about U.S.-China trade relations combined with gold’s steepest single-day decline in five years to create a challenging environment for investors navigating conflicting signals from the Trump administration. The Dow Jones Industrial Average fell 334.33 points or 0.71% to close at 46,590.41, while the S&P […]
Trump nominee Ingrassia withdraws after racist text messages sink support among Republican senators
President Trump’s nominee to lead the Office of Special Counsel withdrew from consideration Tuesday night, October 21, after acknowledging he lacked sufficient Republican support following revelations about racist text messages in which he described himself as having “a Nazi streak” and called for the Martin Luther King Jr. holiday to be “tossed into the seventh […]
Senate staffers lose paychecks as shutdown enters day 20 with Democrats rejecting Republican plan to pay essential workers
The government shutdown entered its 20th day on Monday, October 20, 2025, as Senate Majority Leader John Thune announced plans to vote on legislation that would pay federal workers deemed essential while negotiations over healthcare subsidies continue to stall. The move drew immediate opposition from House Minority Leader Hakeem Jeffries, who characterized the proposal as […]
Trump rejects compromise on healthcare as Senate moderates pursue shadow negotiations to end three-week shutdown
President Donald Trump made clear Sunday, October 19, 2025, that he is unlikely to compromise with Senate Democrats’ shutdown demands for an extension of Affordable Care Act tax credits, complicating bipartisan efforts by rank-and-file senators to negotiate an end to the budget crisis entering its 19th day. Trump’s hardline position came as a small group […]
Historic ‘No Kings’ protests flood American cities as shutdown enters day 18 with furloughed federal workers leading demonstrations
Millions of demonstrators flooded streets across all 50 states Saturday in what organizers called an unprecedented national mobilization against President Trump’s policies, with furloughed federal workers joining progressive activists in the largest coordinated protest movement since the administration’s return to power. The nationwide rallies came on the 18th day of the government shutdown as Democrats […]
Bolton pleads not guilty to classified docs charges as liberal judge blocks Trump workforce reforms during shutdown
Former Trump administration national security adviser John Bolton entered a not guilty plea Friday, October 17, to 18 federal charges alleging he illegally transmitted and retained highly classified national defense information, becoming the third prominent Trump critic to face indictment in recent weeks amid what the president characterizes as equal justice finally being applied to […]
Government shutdown enters 15th day as progressive Democrats stage CNN town hall blaming Republicans for healthcare crisis
The federal government shutdown entered its 15th day on Wednesday, October 15, as Senate Democrats continued blocking Republican efforts to reopen the government without accepting their demands for Affordable Care Act subsidy extensions. Progressive lawmakers Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez participated in a CNN town hall fielding questions from audience members who have […]