By Julia Edwards NEW YORK (Reuters) - The threat of a government shutdown eclipsed all other market drivers on Monday as Congress appeared unlikely to reach a budget deal before midnight that would keep federal agencies running. For the most part, markets have weathered shutdowns in the past. In the 11 instances in which the federal government closed its doors since 1981, the median change for the S&P 500 is a gain of 0.1 percent, followed by a median increase of 2.8 percent in the following month, according to Bank of America- Merrill Lynch research. Most shutdowns are relatively short, at three days or less. Even the 21-day closure in December 1995 failed to shake the market. Source: Bank of America-Merrill Lynch (Reporting by Julia Edwards; Editing by Dan Grebler)
- Fox Weather
Officials from Lee County, where Ian made landfall as a Category 4 hurricane, announced the curfew on Wednesday. They are also coordinating plans to help residents and will dispatch first responders as soon as possible.
- Tampa Bay Times, St. Petersburg, Fla.
Photojournalist Douglas R. Clifford and I left our hotel room in Fort Myers late Wednesday night and have been searching the area and assessing the damage from Hurricane Ian. A section of the causeway leading to Sanibel is gone, wiped out by the powerful Category 4 storm. Here are our dispatches from Lee County: 4:04 p.m.: Residents stunned by the losses Fort Myers residents returned to begin ...
- The Independent
‘You’re going to take my PTO because y’all don’t want to pay us hurricane pay?’
- Yahoo News
“The numbers are still unclear, but we’re hearing early reports of what may be substantial loss of life," Biden said while speaking at FEMA headquarters Thursday afternoon.
(Bloomberg) -- A gap in the government’s two primary measures of US economic activity during the first half of 2022 narrowed, pointing to a significant loss of momentum during the period.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneNasdaq 100 Hits Session Low as Gloom Grips Stocks: Markets WrapThe UK’s Crisis of Confi
- Access Hollywood
The cause of Queen Elizabeth’s death has been revealed.