The gold price continued to move this week, approaching the US$3,900 per ounce level and setting a fresh all-time high on the back of a US government shutdown. The closure came after Congress failed to reach an agreement on a spending bill ahead of the new American fiscal year, which…
The big news impacting markets this week is the shutdown of the US government. While lawmakers were trying to find a funding solution, Democratic and Republican lawmakers were at loggerheads over maintaining funding for Medicaid programs. It marks the first time in seven years that the government has been shut…
Senate Democrats appear ready for the long haul as the government shutdown continues and are putting the onus of reopening the government on Republicans. The Senate was out Thursday to observe the Jewish holiday Yom Kippur and is expected to return to action Friday to again vote on the dueling…
The federal government may have to lay off ‘thousands’ of employees if the government shutdown continues, White House press secretary Karoline Leavitt warned Thursday. Leavitt made the comments during a gaggle with reporters outside the White House, saying administration officials are already gaming out the layoffs. ‘Look, it’s likely going…
House Speaker Mike Johnson, R-La., made clear on Thursday that House Republicans will not budge amid the ongoing standoff over government funding, as Democrats continue to insist on healthcare concessions. ‘Don’t ask the Republicans what we should be doing or what we should be negotiating. I don’t have anything to…
Former FBI Director James Comey, who was indicted Friday on two federal charges alleging that he issued a false statement to Congress and obstructed justice, previously has called for those who lie under oath to face consequences. For example, Comey once railed against lifestyle icon Martha Stewart, who was convicted…
A new report warns the U.S. nuclear arsenal is dangerously outdated and too small to confront growing global threats — and recommends nearly tripling the number of deployed American warheads by 2050. The report, first obtained by Fox News Digital, argues that America’s current force of about 1,750 deployed nuclear…
Office of Management and Budget (OMB) chief Russell Vought and President Donald Trump are in the midst of mapping out cuts to the federal government after lawmakers on Capitol Hill failed to reach a funding bill agreement early Wednesday morning. Trump set the stage in the lead-up to the shutdown…
House Speaker Mike Johnson, R-La., is warning that everyday Americans could be at risk in a prolonged government shutdown. The top House Republican sat down for an exclusive interview with Fox News Digital on Wednesday, the first day of the ongoing government shutdown. Asked how long he thought it would…
A conservative watchdog says Trump’s much-hyped DOGE cuts are a drop in the bucket compared to America’s ballooning entitlement spending. OpenTheBooks, a conservative fiscal watchdog group, released a report on Thursday showing that mandatory spending for Medicare and Social Security vastly outweigh any cuts to discretionary spending ushered in by…