Federal employees are losing shopping interest

Affirm CEO Max Levchin said Friday that while the buy now, pay later firm isn’t seeing credit stress among federally employed borrowers due to the government shutdown, there are signs of a change in shopping habits. “We are seeing a very subtle loss of interest in shopping just for that group, and a couple of…

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U.S. flight cancellations begin after FAA shutdown order

Travelers wait in line at a security checkpoint at O’Hare International Airport in Chicago, Illinois on November 7 2025. Kamil Krzaczynski | Afp | Getty Images U.S. airlines started cancelling hundreds of flights on Friday, hours after the Federal Aviation Administration ordered the cuts amid the more-than-monthlong government shutdown. The cuts were ordered as air…

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SNAP benefits must be fully paid, judge orders Trump admin

Supplemental Nutritional Assistance Program (SNAP) signage at a grocery store in Dorchester, Massachusetts, US, on Monday, Nov. 3, 2025. Mel Musto | Bloomberg | Getty Images A federal judge on Thursday ordered the Trump administration to pay full SNAP benefits for November by Friday, rejecting the administration’s plan to partially fund the food stamp program…

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Starwood Capital CEO on Mamdani win

Billionaire real estate investor Barry Sternlicht had some harsh words for the newly elected mayor of New York City, Zohran Mamdani. Sternlicht is Chairman and CEO of Starwood Capital Group, which has both commercial and residential holdings and joint ventures in the city, as well as its own offices in Midtown Manhattan. Sternlicht blamed overly…

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