The dollar index (DXY00) today is slightly lower by -0.06%. The dollar is trading slightly lower due to reduced safe-haven demand on the preliminary US-China trade agreement. The dollar is also seeing some carry-over weakness from last Friday’s Sep US CPI report of +3.0% y/y for both the nominal and core figures, which was slightly … Read more
Roughly 42 million Americans rely on food stamps that arrive every month on their electronic benefit transfer cards. On Nov. 1, that aid is set to abruptly stop amid the ongoing U.S. government shutdown, potentially leaving households scrambling to figure out how to put food on the table. People enrolled in the Supplemental Nutrition Assistance … Read more
Roughly 3,370 flights were delayed across the U.S. on Monday, Day 27 of the government shutdown, as more essential workers failed to show up to work. In addition to the flight delays, 118 flights heading into or out of the U.S. were canceled Monday, according to flight tracking website FlightAware. The delays come after backups at … Read more
Some federal workers who are not being paid during the government shutdown have a nagging fear: They might not receive retroactive pay once the impasse is resolved. Roughly 1.4 million federal employees whose wages are being withheld during the government shutdown are hunkering down and cutting all nonessential spending, as they missed their first full paychecks on Friday. … Read more
Jill Hornick, a 59-year-old service representative at a Social Security Administration field office in Illinois, would normally have received her latest paycheck on Friday. Instead, she was last paid on Oct. 10 — for three days less than she had worked. Hornick is defined as an essential worker and continues to report to the office … Read more
By Caroline Valetkevitch NEW YORK (Reuters) -Gold prices declined again on Wednesday, a day after spot gold had its sharpest single-day drop in over five years, while major stock indexes mostly eased with Netflix shares down after the company’s outlook disappointed. Gold, one of the year’s best-performing trades, slid as investors booked profits. It remains … Read more
U.S. Department of Transportation Secretary Sean Duffy on Thursday raised concerns about air traffic controllers taking on second jobs to pay their bills during the government shutdown. “If you have a controller that’s working six days a week, but has to think about, ‘How am I going to pay the mortgage, how am I going … Read more
The S&P 500 Index ($SPX) (SPY) on Tuesday closed unchanged, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.06%. December E-mini S&P futures (ESZ25) fell -0.05%, and December E-mini Nasdaq futures (NQZ25) fell -0.08%. Stock indexes settled mixed on Tuesday, with the S&P 500 posting a one-week high … Read more
The S&P 500 Index ($SPX) (SPY) today is up +0.07%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.58%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.12%. December E-mini S&P futures (ESZ25) are up +0.07%, and December E-mini Nasdaq futures (NQZ25) are down -0.11%. Stock indexes are mixed today, with the Dow Jones Industrials posting a … Read more
The S&P 500 Index ($SPX) (SPY) on Monday closed up +1.07%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.30%. December E-mini S&P futures (ESZ25) rose +1.12%, and December E-mini Nasdaq futures (NQZ25) rose +1.32%. Stock index futures rallied on Monday and added to last Friday’s gains, with … Read more