Sunday, September 28, 2025

Daily News Brief — Sunday, September 28, 2025

 

U.S.

  • With three days to the Sept. 30 funding deadline, an advocacy group warned that about $8 billion in congressional appropriations for healthcare and education may go unused under a Trump administration “backdoor cuts” approach. Reuters

  • President Trump will meet top congressional leaders Monday to negotiate funding and avert a potential government shutdown. Reuters

  • U.S. business activity cooled further in September, with firms reporting difficulty passing higher costs onto consumers amid weak demand. Reuters

World

  • President Trump signed an executive order declaring the planned sale of TikTok’s U.S. operations meets legal requirements, valuing the U.S. entity at ~$14 billion. Reuters

  • In the U.N. General Assembly, Ukraine’s President Zelenskiy warned of an accelerating AI arms race and weakening global alliances. Reuters

Business / Markets

  • U.S. stocks rose Friday: S&P 500 +0.59% (6,643.70), Dow +0.65% (46,247.29), Nasdaq +0.44% (22,484.07). Reuters

  • Stronger-than-expected weekly jobless claims and market caution pushed indexes to a one-week low as investors reassessed the timeline for further Fed rate cuts. Reuters

  • Investors are watching the upcoming U.S. nonfarm payrolls report, which could indicate whether further rate cuts are viable. Reuters

Tech / Media

  • The Trump‑Oracle/Silver Lake deal for TikTok’s U.S. operations remains under scrutiny: ByteDance will retain a minority stake and U.S. control over the algorithm was certified in the executive order. Reuters

  • Tech firms are factoring in a proposed $100,000 H‑1B visa fee, which could raise operating costs for talent‑dependent startups and scale‑ups. Reuters

Sports

  • The 2025 Ryder Cup concludes today: Team Europe leads Team USA 11½ to 4½ going into the final singles matches. New York Post+1

  • The single‑match format on Sunday will determine the winner across head-to-head pairings, rather than team or paired formats. New York Post

Daily News Brief — Saturday, October 11, 2025

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