MacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history

The US travel group has issued a warning to Congress about potential chaos during the Thanksgiving holiday due to the ongoing government shutdown. This situation is concerning as it could disrupt travel plans for millions of Americans, affecting families and businesses alike. With Thanksgiving being one of the busiest travel times of the year, the implications of a shutdown could lead to delays and increased stress for travelers, making it crucial for Congress to address the issue promptly.

The Hill has experienced a remarkable 50% surge in traffic as the federal government shutdown continues into its second month. This increase is largely driven by heightened interest in coverage related to the shutdown and political developments. This surge is significant as it highlights the public's engagement with current events and the media's role in informing citizens during critical times.

Treasury yields have stabilized after a recent selloff, as Federal Reserve officials emphasized that a rate cut in December is not guaranteed. This situation is significant because it reflects ongoing uncertainty in the financial markets, particularly with the looming government shutdown affecting economic data releases.

The Trump administration's decision to send only partial food stamp payments this month has raised concerns as the government shutdown continues. This move comes after a court ruling mandated the preservation of the SNAP program, which is crucial for millions of Americans facing food insecurity. The uncertainty surrounding SNAP, the largest anti-hunger initiative in the nation, highlights the ongoing struggles many families face during this shutdown, making it a significant issue for communities relying on this support.

US stocks are on a roll, extending their six-month bull run thanks to Amazon's impressive $38 billion deal with OpenAI. This partnership is significant as it highlights the growing importance of artificial intelligence in the market. Investors are keenly watching these developments, especially with the looming government shutdown, which has them searching for insights into the economy. This deal not only boosts Amazon's position but also signals a strong future for AI technologies.

As the government shutdown stretches into its second month, travelers are facing significant delays at airports, with wait times exceeding 60 minutes. This situation is exacerbated by air traffic controller shortages and severe weather conditions, particularly the strongest storm impacting Jamaica. These delays not only frustrate passengers but also highlight the broader implications of the shutdown on the travel industry, which is already under strain.

In the Bronx, long lines have formed at food pantries like the World of Life Christian Fellowship International as around 200 more people than usual seek assistance after SNAP payments were abruptly cut off due to the government shutdown. This situation highlights the growing food insecurity many families face, making it crucial for communities to come together and support those in need during these challenging times.

Philips has reported strong sales growth and effective productivity measures that have positively impacted its earnings in the third quarter. This is significant as it indicates the company's resilience and ability to adapt in a competitive market, leading to expectations of full-year profitability at the upper end of their forecast range.

Truist Securities has downgraded Denny's stock to a 'Hold' rating following news of an acquisition. This decision reflects concerns about the potential impacts of the acquisition on Denny's future performance. Investors should pay attention to how this change might affect the company's stock value and overall market position.

The FTSE 100 is expected to decline as global stock markets show signs of instability. This downturn is significant as it reflects broader economic concerns that could impact investor confidence and market performance. Keeping an eye on these trends is crucial for anyone involved in the financial markets.

First Brands has made serious allegations against its former CEO, Patrick James, accusing him of orchestrating a multibillion-dollar fraud. This situation raises significant concerns about corporate governance and accountability, as it highlights the potential risks companies face from within. The outcome of this case could have far-reaching implications for investors and the industry as a whole.

KKR has announced that it expects half of its private equity capital distributions in 2025 to originate from Asia. This is significant as it highlights the growing importance of the Asian market in global investment strategies, reflecting a shift in focus towards regions with high growth potential. Investors and stakeholders should pay attention to this trend as it may influence future investment decisions and opportunities.

JPMorgan has downgraded ACC stock to a neutral rating due to concerns over its cash flow. This decision reflects the bank's cautious outlook on the company's financial health, which could impact investor confidence and stock performance. Understanding these shifts is crucial for investors as they navigate the market.