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You can end a shutdown overnight — but you can’t reopen a government that fast

NEW YORK (AP) - The longest government shutdown in U.S. history is over - on paper, at least. But the American public isn't done with it yet: Getting everything back up and running doesn't happen all at once. The disruption of the closure, clocking in ...
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Fed’s December rate cut looks increasingly like a toss-up

By Ann Saphir and Padraic Halpin SAN FRANCISCO/DUBLIN (Reuters) -Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence on further easing, helping push ...
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US aircraft carrier nears Venezuela in flex of American military power

WASHINGTON (AP) - The most advanced U.S. aircraft carrier is expected to reach the waters off Venezuela in days, a flex of American military power not seen in Latin America for generations. Experts disagree on the possibility that American warplanes will catapult off the USS ...
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British billionaire Joe Lewis is pardoned by Trump for insider trading and conspiracy crimes

WASHINGTON (AP) - British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, was pardoned by President Donald Trump more than a year after he was fined $5 million after pleading guilty to insider trading and conspiracy charges in New York, ...
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Illinois quick hits: WARN Act reporting shows 1,600 job losses in October

WARN Act reporting shows 1,600 job losses in October The Illinois Worker Adjustment and Retraining Notification (WARN) Act for October reports that more than 1,600 employees will be losing ...
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Pritzker, alders oppose Chicago tax plans, property tax hike could be next

(The Center Square) - As the Chicago City Council considers 2026 budget measures, Mayor Brandon Johnson's proposed tax hikes continue to draw disapproval from a wide range of critics. ...
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IRS boosts contribution limits for 401(k) retirement plan savers

Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year. The IRS said Thursday the maximum contribution that an individual can make in 2026 to a 401(k), 403(b) and most 457 plans will be $24,500. That's ...
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US corporate bankruptcies set to hit 15-year high amid credit jitters, S&P data shows

(Reuters) -Large U.S. corporate bankruptcies are on pace to hit their highest level in 15 years, S&P Global data showed on Thursday, underscoring mounting stress across corporate America at a sensitive time for public market investors. Total bankruptcy filings reached 655 this year through October, ...
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Mamdani calls Democratic governors for advice on issues, dealing with Trump: Sources

(NEW YORK) -- Zohran Mamdani, New York City's mayor-elect, has spoken with several Democratic governors -- seeking their insight for how to navigate certain aspects of governing and best deal with President Donald Trump, several sources familiar with the conversations confirmed to ABC News.Mamdani ...
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Trump briefed on updated military options in Venezuela

(WASHINGTON) -- President Donald Trump has been briefed on updated options for potential military operations in Venezuela, including a strike on land, ABC News has confirmed. The briefing on Wednesday followed the arrival of the USS Gerald Ford -- the world's largest aircraft carrier ...
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Fed’s Kashkari wanted rate-cut pause in October, reports Bloomberg News

(Reuters) -Minneapolis Federal Reserve President Neel Kashkari told Bloomberg News in an interview on Thursday that he did not support the Fed's interest-rate cut in October given the economy's resilience, and said he was undecided on what to do for the Fed's meeting next ...
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Blue Origin launches huge rocket carrying twin NASA spacecraft to Mars

CAPE CANAVERAL, Fla. (AP) - Blue Origin launched its huge New Glenn rocket Thursday with a pair of NASA spacecraft destined for Mars. It was only the second flight of the rocket that Jeff Bezos' company and NASA are counting on to get people and ...
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