World PulseNow
Newsletter

Rep. Sherman: Shutdown Layoffs 'An Act of Vandalism'

Bloomberg•Friday, October 10, 2025 at 7:50:13 PM
NegativeFinancial Markets
Rep. Sherman: Shutdown Layoffs 'An Act of Vandalism'
The ongoing government shutdown, now in its 10th day, has led to significant layoffs of federal workers, with the White House confirming job cuts at key agencies like Health and Human Services, Homeland Security, and Commerce. White House Budget Director Russell Vought announced the start of these layoffs, which he referred to as reductions in force. This situation is alarming as it not only affects thousands of employees but also raises concerns about the impact on essential services and the economy. The term 'vandalism' used by Rep. Sherman highlights the severity of the situation and the frustration felt by many.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
White House Signals Federal Layoffs Have Begun Amid Government Shutdown
The New York Timesan hour ago
White House Signals Federal Layoffs Have Begun Amid Government Shutdown
NegativeFinancial Markets
The White House has indicated that federal layoffs have started as a result of the ongoing government shutdown. This situation is concerning as it not only affects the livelihoods of federal employees but also has broader implications for government services and the economy. The shutdown highlights the urgent need for a budget agreement to prevent further disruptions and ensure that essential services continue to operate.
Read full article
via The New York Times
White House lays off thousands of US government workers, blaming shutdown
Investing.coman hour ago
White House lays off thousands of US government workers, blaming shutdown
NegativeFinancial Markets
The White House has announced significant layoffs affecting thousands of US government workers, attributing the decision to the ongoing government shutdown. This move raises concerns about the impact on public services and the livelihoods of those affected. As the shutdown continues, the implications for federal operations and employee morale are becoming increasingly serious, highlighting the urgent need for a resolution.
Read full article
via Investing.com
Trump snub prompts furious White House response: ‘The Nobel Committee proved they place politics over peace’
Fortune12 hours ago
Trump snub prompts furious White House response: ‘The Nobel Committee proved they place politics over peace’
NegativeFinancial Markets
The recent decision by the Nobel Committee to award Venezuelan opposition leader María Corina Machado has sparked a furious response from the White House, with officials accusing the committee of prioritizing politics over genuine peace efforts. This controversy highlights the ongoing tensions surrounding Venezuela's political landscape and raises questions about the role of international awards in influencing political narratives.
Read full article
via Fortune
Trump to announce U.S. drug pricing deal at White House on Friday
Investing.com12 hours ago
Trump to announce U.S. drug pricing deal at White House on Friday
PositiveFinancial Markets
On Friday, Trump is set to unveil a significant drug pricing deal at the White House, a move that could reshape healthcare costs for millions of Americans. This announcement is crucial as it aims to address the rising prices of prescription medications, making them more affordable and accessible. The deal is expected to have bipartisan support, reflecting a growing consensus on the need for reform in the healthcare sector.
Read full article
via Investing.com
White House Accuses Nobel Committee Of ‘Politics Over Peace’ After Trump Campaign For Peace Prize
Forbes14 hours ago
White House Accuses Nobel Committee Of ‘Politics Over Peace’ After Trump Campaign For Peace Prize
NegativeFinancial Markets
The White House has criticized the Nobel Committee for prioritizing politics over genuine peace after awarding the Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado. This decision has sparked controversy, as it raises questions about the motivations behind such awards and their implications for international relations. The situation in Venezuela remains tense, and the recognition of Machado could influence the political landscape, making this award a significant topic of discussion.
Read full article
via Forbes
Stephen Miller Cited ‘Plenary Authority,’ Then Paused. Conspiracy Theories Started Flying.
The New York Times2 days ago
Stephen Miller Cited ‘Plenary Authority,’ Then Paused. Conspiracy Theories Started Flying.
NeutralFinancial Markets
Stephen Miller, the White House deputy chief of staff, sparked online speculation during a CNN broadcast when he mentioned 'plenary authority' and then paused, leading some to wonder if he misspoke. CNN later clarified that a technical glitch was to blame for the awkward moment. This incident highlights the ongoing scrutiny public figures face and how quickly conspiracy theories can emerge in the digital age.
Read full article
via The New York Times
What is antifa, the ‘terrorist’ group targeted by Donald Trump?
Financial Times2 days ago
What is antifa, the ‘terrorist’ group targeted by Donald Trump?
NegativeFinancial Markets
The White House has labeled antifa as a 'leftwing terror threat,' claiming it poses a significant danger to the United States. However, data suggests that this characterization may not be entirely accurate. This situation is crucial as it reflects the ongoing political tensions and the government's approach to domestic groups, raising questions about freedom of expression and the definition of terrorism.
Read full article
via Financial Times
Jensen Huang Just Declared an ‘AI Industrial Revolution’ — and He’s Not Backing Down From Trump or China
Finance Monthly2 days ago
Jensen Huang Just Declared an ‘AI Industrial Revolution’ — and He’s Not Backing Down From Trump or China
PositiveFinancial Markets
Jensen Huang, the CEO of Nvidia, has boldly declared an 'AI Industrial Revolution' during a recent summit at the White House, where he shared the stage with Donald Trump. This announcement highlights the significant advancements in artificial intelligence and its potential to reshape industries and economies. Huang's confidence in AI's future, coupled with his willingness to engage with political figures like Trump and address challenges posed by China, underscores the urgency and importance of AI development in today's global landscape.
Read full article
via Finance Monthly
Government Shutdown: Mike Johnson Refutes White House Threat To Withhold Pay From Furloughed Workers
Forbes2 days ago
Government Shutdown: Mike Johnson Refutes White House Threat To Withhold Pay From Furloughed Workers
NegativeFinancial Markets
The government shutdown that started on October 1 has left many workers in limbo, with Mike Johnson stepping up to refute claims from the White House about withholding pay from furloughed employees. This situation highlights the ongoing struggle between Democrats and Republicans to reach a funding agreement, which is crucial for the functioning of government services and the livelihoods of many Americans.
Read full article
via Forbes
Turkey floated $100 million Halkbank settlement idea at White House last month, sources say
Investing.com3 days ago
Turkey floated $100 million Halkbank settlement idea at White House last month, sources say
NeutralFinancial Markets
Last month, Turkey proposed a $100 million settlement regarding Halkbank during discussions at the White House. This development is significant as it highlights ongoing negotiations between Turkey and the U.S. over financial matters, potentially impacting diplomatic relations and economic stability in the region.
Read full article
via Investing.com
Latest from Financial Markets
White House Signals Federal Layoffs Have Begun Amid Government Shutdown
The New York Timesan hour ago
White House Signals Federal Layoffs Have Begun Amid Government Shutdown
NegativeFinancial Markets
The White House has indicated that federal layoffs have started as a result of the ongoing government shutdown. This situation is concerning as it not only affects the livelihoods of federal employees but also has broader implications for government services and the economy. The shutdown highlights the urgent need for a budget agreement to prevent further disruptions and ensure that essential services continue to operate.
Read full article
via The New York Times
Can I Take Batteries on a Plane? What to Know Before You Fly.
The New York Timesan hour ago
Can I Take Batteries on a Plane? What to Know Before You Fly.
NeutralFinancial Markets
Traveling with batteries can be tricky, especially with the recent changes in regulations. This article breaks down what you need to know about taking items like power banks and cordless hair dryers on a plane. Understanding these rules is crucial for a smooth travel experience, ensuring you don’t face any surprises at security checkpoints.
Read full article
via The New York Times
White House lays off thousands of US government workers, blaming shutdown
Investing.coman hour ago
White House lays off thousands of US government workers, blaming shutdown
NegativeFinancial Markets
The White House has announced significant layoffs affecting thousands of US government workers, attributing the decision to the ongoing government shutdown. This move raises concerns about the impact on public services and the livelihoods of those affected. As the shutdown continues, the implications for federal operations and employee morale are becoming increasingly serious, highlighting the urgent need for a resolution.
Read full article
via Investing.com
First Brands boss weighs resigning under pressure from lenders
Financial Timesan hour ago
First Brands boss weighs resigning under pressure from lenders
NegativeFinancial Markets
The CEO of First Brands is contemplating resignation due to mounting pressure from lenders, following the company's swift decline. This situation has sparked worries about potential widespread financial losses on Wall Street, highlighting the interconnectedness of corporate health and market stability. Investors are closely watching how this unfolds, as it could signal broader economic implications.
Read full article
via Financial Times
Gloria Trevi​ Unfiltered Docuseries​ ​’Sin Filtro​' Premieres On ViX
Forbesan hour ago
Gloria Trevi​ Unfiltered Docuseries​ ​’Sin Filtro​' Premieres On ViX
PositiveFinancial Markets
Gloria Trevi, the iconic 'Queen of Mexican Pop,' has premiered her docuseries 'Sin Filtro' on ViX, offering fans a rare glimpse into her life during the 'Mi Soundtrack' world tour. This series is significant as it not only showcases her musical journey but also reveals the personal experiences that shape her artistry, making it a must-watch for fans and newcomers alike.
Read full article
via Forbes
US threatens visa restrictions, sanctions against UN members that back IMO emissions plan
Investing.com2 hours ago
US threatens visa restrictions, sanctions against UN members that back IMO emissions plan
NegativeFinancial Markets
The United States has issued a stern warning about potential visa restrictions and sanctions against United Nations members who support the International Maritime Organization's emissions plan. This move highlights the U.S. government's commitment to addressing climate change, but it also raises concerns about international cooperation and the potential backlash from countries that may feel pressured. The implications of this stance could affect diplomatic relations and global efforts to combat environmental issues.
Read full article
via Investing.com