|
Trump Signs Bill to End Government Shutdown as Immigration Talks Loom: Live Updates The New York TimesHouse Democrats help Mike Johnson end government shutdown, fund DHS and ICE AxiosCongress ends shutdown, approves $1.2T in funding — and sets up DHS cliff PoliticoLive updates: Trump signs government funding bill and meets with Colombia's Petro | CNN Politics cnn.comPartial shutdown ended, as Trump signs package securing back pay for furloughed feds Federal News Network
|
|
How every House member voted on the shutdown and ICE funding The Washington PostHouse Democrats help Mike Johnson end government shutdown, fund DHS and ICE AxiosICE reform debate picks up as partial government shutdown ends WCVBCongress ends shutdown, approves $1.2T in funding — and sets up DHS cliff PoliticoPartial shutdown ended, as Trump signs package securing back pay for furloughed feds Federal News N
|
|
The U.S. House of Representatives passed a funding package to halt a partial government shutdown, meaning the latest closure only lasted for four days.
|
|
Trump says states are agents of federal government in elections CNNTrump calls on Republicans to ‘nationalize' future elections CNNThune rejects Trump's call for GOP to take over and ‘nationalize' elections The HillTrump doubles down on suggesting federal government 'get involved' in state elections
|
|
Chipotle stock has fallen about 33% over the last year, dragging the company's market value down to about $51 billion.
|
|
Police Search X's Premises in France as Prosecutors Summon Elon Musk The New York TimesX offices raided in France as UK opens fresh investigation into Grok BBCParis police raid X offices as part of expanded criminal probe The Washington PostFrench headquarters of Elon Musk's X raided by Paris cybercrime unit The GuardianParis prosecutors raided X offices and summoned Musk as global crackdown on Grok intensifies Axios
|
|
Stocks jumped out of the gate Friday after the release of the August jobs report. But enthusiasm from the few investors that stuck around ahead of the long holiday weekend didn't last, with all three indexes ending in the red.
SEE MORE Hedge Funds' 21 Top Blue-Chip Stocks to Buy Now
The Labor Department this morning said the U.S. added 315,000 new jobs in August, well below July's 526,000. Also in the jobs report: the unemployment rate edged up to 3.7% from 3.5%; the labor participation rate, or the number of people actively seeking work, improved to 62.4% from 62.1%; and average hourly earnings - a key measure of labor cost inflation - was up 5.2% year-over-year, same as it was in July.
"Friday's jobs data provided some moderate relief, with payrolls almost landing precisely on consensus at 315,000 in August," says Douglas Porter, chief economist at BMO Capital Markets." While no doubt a solid advance - and completely inconsistent with recession chatter - other aspects of the report sent some calming signals." Porter points to steady wage growth, an increasing labor force and the rising unemployment rate that suggest "the extreme tightness in the job market may be beginning to moderate - almost exactly what the Fed doctor ordered."
Still, the major indexes, after being up more than 1% each around lunchtime, swung lower in afternoon trading after news reports indicated Russian energy giant Gazprom will indefinitely suspend operations of a natural-gas pipeline to Germany.
Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.
By the close, the Nasdaq Composite was down 1
|
|
