Government shutdown halts data, stokes risk as economy wobbles, experts say
The government shutdown halted the release of key economic data, choking off the flow of information as some experts warn the economy may be slipping toward a recession, some economists told ABC News.
A federal agency postponed the release of a monthly jobs report on Friday, leaving observers in the dark about the status of a sharp hiring slowdown.
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Read MoreUS liquor exports see steep losses as tariffs take effect
Exports of U.S.-made liquor fell sharply in the second quarter of 2025 as tariffs imposed under President Donald Trump took hold, according to the Distilled Spirits Council of the United States.
Overall liquor exports declined 9% compared with the same period in 2024, the council said. Shipments to Canada plummeted 85%.
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Read MoreWhat's Tesla Teasing? The Stock Is Rising as Investors Look Ahead to Tuesday
Key Takeaways
- Shares of Tesla are rising to start the week. Part of the reason could be anticipation regarding an event, expected tomorrow, at which some watchers believe news of a more affordable EV could arrive.
- Tesla was the best-performing stock in the Magnificent 7 in the third quarter.
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Read MoreGoldman Sachs Maintains “Equal Weight” on Tesla (TSLA), Sees Upcoming Catalysts in Q3 Earnings
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
Read MoreExperts say S&P 500 ‘broken’ despite recent record high — is Warren Buffett’s ‘set it, forget it’ strategy obsolete?
On October 8, the S&P 500 reached a record high of 6,753.72 amid an ongoing government shutdown.
The Burst
Market Commentary: Billionaires Loading Up On 1 Stock-Split Stock
A former hedge fund analyst commented that Nvidia was “either a fraud or 100% a short” yet billionaires continue to pile into this chip maker, why? We dived down the rabbit hole to find out.
Read MoreThe Ivy
1 Stock That Could Be the Next Big Thing After Palantir
When it comes to government relying on AI companies, Palantir seems to attract most investor attention and with good reason too.
Palantir is famous for big data analytics and analyzing massive amounts of information to make informed insights that can help government primarily, and increasingly commercial enterprises in sectors ranging from healthcare to finance.
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