Monday, October 13, 2025
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Money

Traders Predict Shutdown to Last Weeks as Dems Stall in Washington

Key Takeaways: Markets Expect Delay: Prediction markets Kalshi and Polymarket show traders betting heavily that the federal shutdown will last more than two weeks, with millions of dollars already wagered. Democrats Blamed for Stalemate: President Trump placed responsibility squarely on Democrats who voted...

Central Bank Braces for Data Blackout Amid Funding Fight

Key Takeaways Data Blackout Looming: A government shutdown would halt Labor Department releases on jobs and inflation, forcing the Fed to rely on alternate data ahead of its Oct. 28–29 meeting. Fed’s Backup Plan: Chicago Fed President Austan Goolsbee says the...

From Debanked to Bullish: Eric Trump Backs Bitcoin Revolution

Key Takeaways Bitcoin as Digital Gold: Eric Trump says bitcoin’s finite 21 million supply makes it superior to gold, portable, and poised to hit $1 million. Broken Banking: After being debanked, Trump blasted traditional finance as outdated, slow, and inefficient, arguing...

Airlines Warn Shutdown Could Ground Progress, Cost Billions

Key Takeaways Economic Risk: The aviation sector makes up 5% of GDP and supports 10 million jobs; a shutdown threatens billions in activity and consumer confidence. Safety at Stake: With the FAA short 3,800 controllers, a shutdown would freeze hiring, close...

Trump Admin Invests $625M to Revitalize America’s Coal Industry

Key Takeaways Historic Investment: The Trump administration is injecting $625 million into coal modernization, rural energy projects, and efficiency upgrades to secure America’s industrial base. Fueling Growth: Energy Secretary Wright emphasized coal’s role as the “backbone” of steel, cement, and AI...

House GOP Touts Strategic Bitcoin Reserve, Tax Relief for Miners

Key Takeaways Republicans All In: Speaker Mike Johnson and top GOP leaders met with crypto industry executives, signaling a strong partnership to shape pro-growth legislation. Policy Priorities: Discussions focused on a Strategic Bitcoin Reserve, tax reform for miners, and market-structure clarity...

Trump Admin Streamlines Federal Contracting, Opens Doors for Small Business Growth

Key Takeaways Massive Red Tape Reduction: The Revolutionary FAR Overhaul eliminates over 1,600 unnecessary requirements, giving small businesses faster, simpler access to federal contracts. Stronger Competition: Reforms preserve small business set-asides, improve 8(a) program competition, and expand “on-ramps” for firms to...

Trump’s One Big Beautiful Bill Expands HSA Access to 10 Million Americans

The Trump administration just delivered another victory for working Americans tired of Washington red tape in healthcare. Starting January 1, 2026, the One Big Beautiful Bill Act (OBBB) will reclassify Bronze and Catastrophic Obamacare Marketplace plans as High-Deductible Health Plans (HDHPs),...

Goldman Sachs to Host Largest Small Business Summit in D.C.

Key Takeaways Record Participation: Over 2,300 entrepreneurs will gather in Washington, D.C. on Oct. 29–30 for the largest Goldman Sachs 10,000 Small Businesses Summit to date. Proven Impact: Since 2010, the program has invested $750 million, graduated 17,000 businesses, supported 245,000 jobs, and...

Fed Finally Blinks: Powell Cuts Rates as Labor Market Softens

Key Takeaways First Cut of the Year: The Fed lowered its benchmark rate by 25 basis points to a 4%–4.25% range, the first cut since December 2024. Labor Market Weakness: Policymakers cited slowing job growth and rising unemployment as reasons to...
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Latest News

Trump Declares “The War Is Over” as Gaza Ceasefire Takes Hold

Key Takeaways: Ceasefire Declared: President Donald Trump announced Sunday that the war in Gaza is officially over, with both Israel...
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