World PulseNow
Newsletter

Trump Threatens to Fire Thousands of Federal Workers Over Shutdown | The Pulse 10/3

Bloomberg•Friday, October 3, 2025 at 12:05:46 PM
NegativeFinancial Markets
Trump Threatens to Fire Thousands of Federal Workers Over Shutdown | The Pulse 10/3
President Donald Trump is considering significant cuts to federal jobs as pressure mounts on Democrats to resolve the ongoing government shutdown. With the shutdown now in its second day, White House officials, including press secretary Karoline Leavitt, indicated that the job losses could reach into the thousands. This move is seen as a tactic to force negotiations, but it raises concerns about the impact on federal services and employees. The situation highlights the ongoing political tensions and the potential consequences for the economy and public services.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
White House freezes $2.1 billion in Chicago transit projects
Investing.com2 hours ago
White House freezes $2.1 billion in Chicago transit projects
NegativeFinancial Markets
The White House has decided to freeze $2.1 billion in funding for transit projects in Chicago, a move that could significantly impact the city's public transportation infrastructure. This decision raises concerns about the future of essential transit improvements and the potential economic repercussions for the region. With many residents relying on public transport, the halt in funding could lead to delays in critical upgrades and maintenance, affecting daily commuters and the overall efficiency of the transit system.
Read full article
via Investing.com
US Shutdown Hits Day Three With No Progress Made
Bloomberg3 hours ago
US Shutdown Hits Day Three With No Progress Made
NegativeFinancial Markets
The US government shutdown has now reached its third day, with no signs of resolution in sight. President Donald Trump has threatened to dismiss thousands of government workers, highlighting the severity of the situation. Lower-level negotiations have stalled, and another Senate vote on a temporary spending bill is anticipated to fail. This ongoing shutdown not only affects government operations but also impacts countless workers and services, making it a critical issue for the nation.
Read full article
via Bloomberg
Jeff Bezos hails AI boom as ‘good’ kind of bubble
Financial Times3 hours ago
Jeff Bezos hails AI boom as ‘good’ kind of bubble
PositiveFinancial Markets
Jeff Bezos has expressed optimism about the current AI boom, describing it as a 'good' kind of bubble. His comments come in the wake of a cautionary note from Goldman Sachs CEO David Solomon, who warned that this time may not be different from past market bubbles. Bezos's perspective highlights the potential of AI technology to drive innovation and growth, suggesting that while caution is warranted, the advancements in AI could lead to significant benefits for various industries.
Read full article
via Financial Times
USA Rare Earth shares surge after report miner in close talks with White House
Investing.com4 hours ago
USA Rare Earth shares surge after report miner in close talks with White House
PositiveFinancial Markets
USA Rare Earth shares have seen a significant surge following reports that the company is in close talks with the White House. This development is crucial as it highlights the government's interest in domestic rare earth production, which is vital for various industries, including technology and renewable energy. Investors are optimistic about the potential for increased support and investment in the sector, which could lead to greater stability and growth for the company.
Read full article
via Investing.com
White House becoming more worried about political risk in healthcare fight - WSJ
Investing.com4 hours ago
White House becoming more worried about political risk in healthcare fight - WSJ
NegativeFinancial Markets
The White House is increasingly concerned about the political risks associated with the ongoing healthcare debate, as tensions rise and public opinion shifts. This matters because healthcare is a critical issue for many Americans, and the administration's ability to navigate these challenges could significantly impact its political standing and future policy initiatives.
Read full article
via Investing.com
In Full: Goldman Sachs CEO on Economy, AI Spending, M&A
Bloomberg6 hours ago
In Full: Goldman Sachs CEO on Economy, AI Spending, M&A
NeutralFinancial Markets
Goldman Sachs CEO David Solomon recently shared insights on the US economy and the bank's investments in artificial intelligence during an interview at Italian Tech Week in Turin. He highlighted the current deals environment and discussed the regulatory landscape in Europe. This conversation is significant as it sheds light on how major financial institutions are navigating economic challenges and technological advancements, which could impact future investments and market trends.
Read full article
via Bloomberg
USA Rare Earth shares jump on White House talks confirmation
Investing.com6 hours ago
USA Rare Earth shares jump on White House talks confirmation
PositiveFinancial Markets
Shares of USA Rare Earth surged following confirmation of talks with the White House, signaling potential support for domestic rare earth production. This development is significant as it highlights the government's interest in bolstering the supply chain for critical minerals, which are essential for various technologies and national security. Investors are optimistic about the future of the company and the broader implications for the industry.
Read full article
via Investing.com
Goldman’s Solomon: European Regulatory Process Is ‘Slow’
Bloomberg6 hours ago
Goldman’s Solomon: European Regulatory Process Is ‘Slow’
NegativeFinancial Markets
Goldman Sachs CEO David Solomon expressed concerns about the slow regulatory process in Europe during his remarks at Italian Tech Week in Turin. He emphasized the need for European savings to be integrated into the risk economy, highlighting that the current pace of investment in the tech ecosystem is insufficient. This matters because a more efficient regulatory environment could accelerate investment and innovation in Europe, ultimately benefiting the economy.
Read full article
via Bloomberg
Solomon: I Would Like to Have Spent $8 Billion on Tech
Bloomberg6 hours ago
Solomon: I Would Like to Have Spent $8 Billion on Tech
PositiveFinancial Markets
David Solomon, the CEO of Goldman Sachs, expressed a strong desire to invest more in technology, stating that while the bank plans to allocate $6 billion this year, he wishes it could be $8 billion. This highlights the bank's commitment to innovation and staying competitive in the tech-driven financial landscape, especially as discussions around technology investments become increasingly crucial in today's economy.
Read full article
via Bloomberg
Turkey Says Russian Oil Purchases Up To Firms Amid Trump’s Call
Bloomberg6 hours ago
Turkey Says Russian Oil Purchases Up To Firms Amid Trump’s Call
NeutralFinancial Markets
Turkey's energy minister has emphasized that the decision to purchase Russian oil lies with the refiners, indicating a hesitance to follow U.S. President Donald Trump's urging to sever energy connections with Russia. This situation highlights the complexities of international energy relations and Turkey's strategic position in balancing its commercial interests with geopolitical pressures.
Read full article
via Bloomberg
Goldman CEO Solomon Says Deals Pickup Is ‘Meaningful’
Bloomberg6 hours ago
Goldman CEO Solomon Says Deals Pickup Is ‘Meaningful’
PositiveFinancial Markets
Goldman Sachs CEO David Solomon recently highlighted a significant uptick in dealmaking activity, particularly in the U.S., attributing this trend to a favorable regulatory environment. Speaking at the Italian Tech Week in Turin, he expressed optimism about the future of mergers and acquisitions, suggesting that this momentum could lead to more opportunities for businesses. This is important as it indicates a revitalized market that could benefit various sectors and stimulate economic growth.
Read full article
via Bloomberg
Goldman’s Solomon: US Economy Will Accelerate Into 2026
Bloomberg7 hours ago
Goldman’s Solomon: US Economy Will Accelerate Into 2026
PositiveFinancial Markets
David Solomon, the CEO of Goldman Sachs, recently shared an optimistic outlook for the US economy, predicting it will accelerate through 2026. Speaking at Italian Tech Week in Turin, he emphasized the resilience and potential growth of the economy, which is encouraging news for investors and businesses alike. This perspective is significant as it suggests a period of stability and growth, potentially leading to increased investments and job creation.
Read full article
via Bloomberg
Latest from Financial Markets
Gold hits record high as investors eye supportive backdrop into 2026
Investing.comin 16 hours
Gold hits record high as investors eye supportive backdrop into 2026
PositiveFinancial Markets
Gold prices have reached a record high, driven by investor optimism and a supportive economic backdrop expected to last into 2026. This surge reflects growing confidence in gold as a safe-haven asset amidst global uncertainties, making it a crucial time for investors to consider their portfolios.
Read full article
via Investing.com
Frontdoor stock hits all-time high at 68.87 USD
Investing.com2 hours ago
Frontdoor stock hits all-time high at 68.87 USD
PositiveFinancial Markets
Frontdoor's stock has reached an all-time high of 68.87 USD, marking a significant milestone for the company. This surge reflects strong investor confidence and could indicate positive growth prospects for Frontdoor in the future. Such performance not only boosts the company's market position but also enhances its appeal to potential investors.
Read full article
via Investing.com
True cost of becoming a mum highlighted in new data on pay
BBC News2 hours ago
True cost of becoming a mum highlighted in new data on pay
NegativeFinancial Markets
Recent data has shed light on the financial impact of motherhood in England, revealing that mothers experience a significant drop in earnings after having their first, second, and third child. This decline in pay highlights the challenges that many families face and raises important questions about the support systems in place for working mothers. Understanding these trends is crucial for policymakers and society as a whole, as it emphasizes the need for better maternity pay and workplace flexibility.
Read full article
via BBC News
Top 5 Best Trading Platforms for Stocks in 2025
Finance Monthly2 hours ago
Top 5 Best Trading Platforms for Stocks in 2025
PositiveFinancial Markets
The article highlights the top five trading platforms for stocks in 2025, showcasing their features and benefits for investors. This is significant as it helps traders make informed decisions in a rapidly evolving market, especially with the rise of cryptocurrencies and changing financial landscapes.
Read full article
via Finance Monthly
Spire Inc stock hits 52-week high, reaching 82.14 USD
Investing.com2 hours ago
Spire Inc stock hits 52-week high, reaching 82.14 USD
PositiveFinancial Markets
Spire Inc's stock has reached a new 52-week high, hitting 82.14 USD, which reflects strong investor confidence and positive market trends. This milestone is significant as it indicates the company's robust performance and potential for future growth, making it an exciting time for shareholders and market watchers alike.
Read full article
via Investing.com
How to stay safe during a storm and what to do in a power cut
BBC News2 hours ago
How to stay safe during a storm and what to do in a power cut
NeutralFinancial Markets
As storms bring heavy rain and strong winds, it's crucial to know how to stay safe and what to do during a power cut. Understanding these safety measures can help protect your home and ensure your well-being during severe weather events.
Read full article
via BBC News