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What happens if the US government shuts down?

Key economic data will be delayed if lawmakers fail to break funding deadlock

Published on: September 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Nvidia's market cap tops $4.5 trillion after string of AI infrastructure deals

Nvidia shares are up about 39% so far in 2025, as investors continue pouring money into the leading developer of AI chips.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

European stocks close higher as U.S. politics comes into focus; Pandora falls as CEO announces retirement

European stocks ended Tuesday higher as investors kept an eye on Trump's trade tariffs and another political impasse in the U.S.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

Boston Fed President Collins sees caution on future interest rate cuts

Collins on Tuesday expressed support for the recent interest rate cut but skepticism on future moves.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

Here's JPMorgan Chase's blueprint to become the world’s first fully AI-powered megabank

JPMorgan, the world's largest bank by market cap, is being "fundamentally rewired" to automate knowledge work across its operations, its data chief says.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

UK at 'a fork in the road' between renewal and decline, PM warns

Starmer's keynote speech comes at a moment of national tension and rumblings of discontent within the Labour Party.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

'We're headed to a shutdown,' Vance says after Trump meeting with leaders ends

Democrats have insisted that any short-term funding deal to avoid a shutdown of the U.S. government include an extension of enhanced Obamacare subsidies.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

YouTube agrees to pay Trump $24.5 million to settle lawsuit over suspended account

YouTube has agreed to pay $24.5 million to settle a lawsuit involving the suspension of President Donald Trump's account in 2021.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

China's DeepSeek launches next-gen AI model. Here's what makes it different

The Chinese artificial intelligence startup has now released DeepSeek-V3.2-Exp, an experimental version of its current model DeepSeek-V3.1-Terminus.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

China's Zijin Gold surges over 60% in Hong Kong debut after world's second-largest IPO this year

Zijin Gold is the overseas gold-mining arm of China's Zijin Mining that operates all of the group's gold mines outside China.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

U.S. Commerce head Lutnick wants Taiwan to help America make 50% of its chips locally

The Trump administration is pushing Taipei to shift investment and chip production to the U.S. so that half of U.S. chip demand is manufactured locally.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

Australia keeps policy rate steady at 3.6% as inflation worries loom

The Reserve Bank of Australia said the decision to hold rates was due to the decline in underlying inflation slowing.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

China manufacturing activity picks up in September β€” official PMI still shows contraction

Chinese manufacturers have been grappling with tepid domestic demand, while higher U.S. tariffs have hurt exports to the world's largest consumer market.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

From Elon Musk to Microsoft's Satya Nadella: Tech leaders that were once H-1B visa holdersΒ 

Since its creation in 1990, the H-1B visa program has been utilized by a number of foreign workers who would rise the ranks into prominent leaders.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

CNBC Daily Open: A U.S. government shutdown could make Fed's job harder

If the U.S. government shuts down, jobs and inflation data, which the Federal Reserve relies to make rate decisions, could be delayed.

Published on: September 30, 2025 | Source: CNBC International favicon CNBC International

China’s Alibaba is a late entrant to the AI pantheon

For now the big difference with the Metas and Googles is that China’s tech giants remain largely domestic beasts

Published on: September 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Netanyahu says Israel backs Trump’s peace plan for Gaza

Proposal calls for an immediate end to the conflict and the release of all remaining hostages

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Startup founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase

Charlie Javice, founder of college financial aid platform Frank, was arrested in 2023 on charges she defrauded JPMorgan Chase in the sale of the fintech firm.

Published on: September 29, 2025 | Source: CNBC International favicon CNBC International

Asia-Pacific markets set to open higher; Reserve Bank of Australia decision in spotlight

The Reserve Bank of Australia's decision is in the spotlight, where it is expected to hold its cash rate steady at 3.6%, according to aReuters poll.

Published on: September 29, 2025 | Source: CNBC International favicon CNBC International

YouTube pays $24.5mn to settle Trump censorship lawsuit

US president sued Google’s video platform after it blocked him from posting following the 2021 attack on the US Capitol

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Tony Blair set to serve on Trump’s β€˜Board of Peace’ for Gaza

Some in former UK prime minister’s Labour party react with incredulity at his proposed role in Palestinian territory

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Prices in UK shops rising at fastest rate in 18 months, industry figures show

Rapid increase in cost of food counteracts falls for other goods, British Retail Consortium reports

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

A window to a future where China wins the green race

As electricity becomes the new oil the developing world may be a forerunner in co-operating with China

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Wealthfront files for IPO, joining wave of fintech firms going public in 2025

Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday.

Published on: September 29, 2025 | Source: CNBC International favicon CNBC International

Vance warns US government is β€˜headed to a shutdown’

Federal funding set to run out on Wednesday morning unless lawmakers reach agreement

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

FirstFT: Israel’s Benjamin Netanyahu backs Donald Trump’s peace plan for Gaza

Also in today’s newsletter, Trump administration tightens export controls on Chinese companies, and First Brands files for bankruptcy

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Labour must brace for decisions that are β€˜not cost-free or easy’, Starmer to say

Prime minister’s plea to the party will come after Downing Street opens door to tax rises in Budget

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Charlie Javice sentenced to 7 years in prison for JPMorgan fraud

Frank founder sold student aid start-up to the US bank for $175mn in 2021 but lied about its user base

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Cannabis stocks surge after Trump highlights senior healthcare benefits

US president shares video advocating medical use of hemp-derived cannabidiol

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

EA going private in $55 billion deal that will pay shareholders $210 a share

Electronic Arts said it has agreed to be acquired by PIF, Silver Lake and Affinity Partners in an all-cash deal worth $55 billion.

Published on: September 29, 2025 | Source: CNBC International favicon CNBC International

Etsy pops 16% as OpenAI announces ChatGPT Instant Checkout for the shopping site

U.S. ChatGPT Plus, Pro and Free users can now make purchases through the chatbot.

Published on: September 29, 2025 | Source: CNBC International favicon CNBC International

Odds of a government shutdown rise to 70% in prediction markets

Users on Kalshi and Polymarket upped their bets on a government closure after the Labor Department said it won’t release a key jobs report in a shutdown.

Published on: September 29, 2025 | Source: CNBC International favicon CNBC International

Full text of Trump’s proposal to end the war in Gaza

The White House published its plan ahead of a press conference with Israeli Prime Minister Benjamin Netanyahu

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Government shutdowns usually have little economic impact. This time could be different

For all the political firestorms they generate, government shutdowns have been nonevents for both markets and the economy.

Published on: September 29, 2025 | Source: CNBC International favicon CNBC International

Business gives wary welcome to Reeves and Starmer at Labour conference

Executives urge ministers to follow through on promises to cut red tape

Published on: September 29, 2025 | Source: Financial Times - World favicon Financial Times - World