Senate to vote on funding bills again

Speaker of the House Mike Johnson (R-LA) and Senate Majority Leader John Thune (R-SD) walk into Statuary Hall for a news conference about the ongoing federal government shutdown at the U.S. Capitol on Oct. 3, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Senate on Friday is poised to vote once again on…

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Report shows hiring at lowest since 2009 as economists turn to alternative data during shutdown blackout

Job fair signage as job seekers arrive at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025. Allison Joyce | Bloomberg | Getty Images Unemployment changed little in September, while layoff and hiring rates both slowed, according to separate labor market reports Thursday. The jobless level…

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Silicon Valley’s defense tech startups are booming as war shifts

Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop…

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Trump, Russ Vought eye more funding cuts

President Donald Trump on Thursday said Democrats have given him an “unprecedented opportunity” to slash federal agencies, signaling plans to harm his political opponents during the two-day-old government shutdown while blaming them for causing it. Trump’s warning came a day after his administration froze about $18 billion for two major infrastructure projects in New York…

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Russia will raise taxes to pay for the Ukraine war

Russian President Vladimir Putin during a meeting on development of ‘new regions’, annexed from Ukraine, at the Kremlin, June 30, 2025, in Moscow, Russia. Contributor | Getty Images Russia is set to hike taxes on businesses and consumers as the government looks for ways to support military spending while its war-focused economy creaks at the…

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