Economy
Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
Private payrolls saw their biggest decline in two-and-a-half years during September, a further sign of labor market weakening that compounds the data blackout accompanying the U.S. government shutdown. Companies shed a seasonally adjusted 32,000 jobs during the month, the biggest slide since March 2023, payrolls processing firm ADP reported Wednesday. Economists surveyed by Dow Jones […]
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India holds rates steady at 5.5% in line with forecast as central bank assesses earlier cuts
India’s central bank kept its policy rate unchanged at 5.5% Wednesday, in line with the expectations of economists polled by Reuters, as it assessed the impact of earlier cuts. Inflation moderated significantly in the first quarter, but growth could decelerate in the second half of the financial year due to global trade uncertainties, said Sanjay […]
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Government shutdown live updates: Funding ends after Trump, GOP, Democrats fail to cut deal
The shutdown could cause hundreds of thousands of federal workers to be furloughed and a slew of key programs and services to be shuttered. Source
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The government shutdown fight hinges on ACA tax credits — and if immigrants should get them
The federal government may soon shut down, in large part because of a debate between Republicans and Democrats over Obamacare subsidies and whether some immigrants should get those financial benefits. Republicans claim Democrats want to give health care to “illegal immigrants.” Democrat, in turn, say that’s a lie. Democrats say they are only trying to […]
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Stocks making the biggest moves midday: Pfizer, Semtech, Spotify, UiPath, CoreWeave and more
Check out the companies making the biggest moves midday: Semtech — The signal components maker rallied 8% after the company announced the launch of new optical receivers for artificial intelligence networks alongside Poet Technologies. On top of that, Oppenheimer upgraded the stock to outperform following a meeting with management. Credo Technology — Shares fell more […]
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UK at ‘a fork in the road’ between renewal and decline, PM warns
U.K. Prime Minister Sir Keir Starmer attends an opening session on the first day of the Labour Party conference at ACC Liverpool on September 28, 2025 in Liverpool, England. Dan Kitwood | Getty Images News | Getty Images U.K. Prime Minister Keir Starmer warned Tuesday that Britain stands “at a fork in the road” between renewal and […]
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Boston Fed President Collins sees caution on future interest rate cuts
Susan Collins, president of the Federal Reserve Bank of Boston, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Thursday, March 30, 2023. Ting Shen | Bloomberg | Getty Images Boston Federal Reserve President Susan Collins on Tuesday expressed support for the recent interest rate cut, but […]
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Stocks making the biggest moves premarket: CoreWeave, Firefly Aerospace, Instacart, Wolfspeed and more
Check out the companies making the biggest moves in premarket trading: Firefly Aerospace — The space technology company’s stock fell 10% after one of its rocket boosters exploded during preflight testing at its Texas facility. Firefly Aerospace said no other facilities were affected and it is assessing the impact of the explosion. Wolfspeed — The […]
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Democrats refuse to cave on health care before meeting with Trump on government shutdown
U.S. House Minority Leader Hakeem Jeffries (D-NY) speaks to reporters during a press conference at the U.S. Capitol Building on September 29, 2025 in Washington, DC. Anna Moneymaker | Getty Images Congressional Democrats held the line on their health-care demands just hours before meeting Monday with President Donald Trump and Republican leadership to discuss avoiding […]
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Labor Dept. won’t release Friday’s key jobs report, other data if government shuts down
The US Capitol is seen in the background as signage for US Department of Labor is seen in Washington, DC on August 4, 2025. Jim Watson | Afp | Getty Images The Labor Department is preparing for what would amount to a news and data blackout should the U.S. government suspend operations. In a contingency […]
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