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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
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Pro-ICE billboard lights up San Francisco streets ahead of Super Bowl LX Fox NewsNFL says ICE not among federal agencies at Super Bowl LX ESPNWatch: Batman tells city council to not assist ICE at Super Bowl BBCPro-ICE billboard pops up in San Francisco ahead of Super Bowl ABC7 San Francisco
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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
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WA millionaire tax bills introduced as emergency, blocking voter referendum MyNorthwest.com'Millionaires Tax' officially proposed in Washington state king5.comFerguson says he can't support WA income tax bill without changes The Seattle Times'Millionaire's tax' legislation officially introduced by Washington state Democrats KOMO
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French prosecutors request 5-year ban on Marine Le Pen from holding office AP NewsFrench prosecutors ask appeal court to keep ban on Marine Le Pen running for office The GuardianLe Pen Appeal Prosecutor Hints at Blow to Her Presidential Hopes BloombergFrench prosecutors seek public office ban for Le Pen but leave door open to presidential bid Reuters
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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
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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.
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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.
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By the close, the Nasdaq Composite was down 1
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