Shares have jumped in Asia, tracking Wall Street’s rise to new records despite the the shutdown of the U.S. government. Technology shares advanced on expectations of higher demand for computer chips due to a partnership between South Korean tech and OpenAI. U.S. futures and oil prices were higher. On Wednesday, the S&P 500 climbed 0.3%, topping an all-time high set last week. The Dow Jones Industrial Average added 0.1% to its own record set the day before, and the Nasdaq composite rose 0.4%. Treasury yields sank in the bond market after a report from ADP Research suggested that hiring across the country may have been much weaker last month than economists expected.
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Fired Surface Transportation Board member sues Trump over his dismissal ahead of rail merger review
Fired Surface Transportation Board member sues Trump over his dismissal ahead of rail merger review
In 2011, two workers were killed in an explosion at Carbide Industries.
A U.S. government shutdown has begun, and it could impact travel plans, with potential airport delays and cancellations. The shutdown started Wednesday after President Donald Trump and Congress failed to agree on funding. Many airport employees are now working without pay. Geoff Freeman from the U.S. Travel Association warns of longer TSA lines and flight issues if the shutdown continues. Airports remain staffed, but the strain could worsen due to existing air traffic controller shortages. International travel is still possible, and passport processing remains mostly unaffected. Smithsonian museums and national parks are open, but with limited services.
For the fourth consecutive year, Louisville is showcasing the city's signature dish with Hot Brown Week.
The move announced by the the nation’s largest retailer amounts to an acknowledgment that American consumers and the U.S. government under Pre…
AP Wire
U.S. stocks rose to more records as Wall Street still doesn’t seem to care much about the latest shutdown of the U.S. government. The S&P 500 climbed 0.3% Wednesday and topped its prior all-time high set last week. The Dow Jones Industrial Average added 0.1% to its own record set the day before, and the Nasdaq composite rose 0.4%. Treasury yields sank in the bond market after a report from ADP Research suggested that hiring across the country may have been much weaker last month than economists expected. A report on U.S. manufacturing was also weaker than expected.
The Trump’s administration is citing the government shutdown in explaining why it's holding up roughly $18 billion for a new rail tunnel beneath the Hudson River between New York City and New Jersey and an extension of the city’s Second Avenue subway. The move is likely meant to target Senate Democratic leader Chuck Schumer of New York. To the White House, he's the one to blame for the budget. He says the freeze would harm commuters. The New York agency working on the subway line says it's been blindsided by the announcement. Meanwhile, Trump's budget director says $8 billion in funding for green energy projects in Democratic-led states would be canceled.
AP Wire
The federal government was thrown into a shutdown with no easy endgame in sight. Democrats held firm Wednesday to their demands to salvage health care subsidies that President Donald Trump and Republican in Congress have refused to negotiate. The White House threatened mass layoffs of federal workers in a matter of days. No new talks were scheduled after the president failed this week to secure a deal with congressional leaders. Blame was being cast on all sides. A vote to end the government shutdown has failed. House Speaker Mike Johnson said he's praying that Democrats come to their senses.