1.3 million active-duty service members face missed paychecks as government shutdown stubbornly lags on

FortuneTuesday, October 28, 2025 at 6:18:12 PM
1.3 million active-duty service members face missed paychecks as government shutdown stubbornly lags on
The ongoing government shutdown is causing significant distress for 1.3 million active-duty service members who may miss their paychecks. This situation is compounded by the Trump administration's announcement that funding for a crucial food assistance program, which supports 42 million Americans, will expire soon. This matters because it highlights the broader impact of political stalemates on everyday citizens, particularly those serving in the military and families relying on food aid.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Americans Are Getting a Look at Next Year’s ACA Premiums and Many Don’t Like It
NegativeFinancial Markets
Many Americans enrolled in the Affordable Care Act are facing the prospect of significantly higher premiums next year, which could lead to financial strain for many families. This news is concerning as it highlights the ongoing challenges within the healthcare system, making it harder for individuals to afford necessary medical coverage.
Millions of Americans are now learning how much more their Affordable Care Act plans will cost next year. Many face hefty increases.
NegativeFinancial Markets
Millions of Americans are discovering that their Affordable Care Act plans will cost significantly more next year, with many facing increases of hundreds of dollars. This situation is concerning as it could lead to a decrease in healthcare accessibility for those who rely on these plans, highlighting the ongoing challenges within the healthcare system.
States sue over Trump administration suspending food benefits during shutdown
NegativeFinancial Markets
Several states have filed a lawsuit against the Trump administration for suspending food benefits during the government shutdown. This decision has left many vulnerable families without essential support, highlighting the critical role these benefits play in ensuring food security. The lawsuit aims to restore these benefits, emphasizing the importance of government assistance during tough economic times.
A federal judge just indefinitely barred the Trump administration from firing federal employees during the government shutdown
PositiveFinancial Markets
A federal judge has taken a significant step by indefinitely barring the Trump administration from firing federal employees during the ongoing government shutdown. This decision builds on a previous temporary restraining order that was set to expire soon, ensuring job security for federal workers amidst the uncertainty. This ruling is crucial as it protects employees from potential job losses during a time when many are already facing challenges due to the shutdown.
Thiel-Backed Startup Targets US Chip Comeback
PositiveFinancial Markets
Substrate, a $1 billion startup backed by prominent investors like Founders Fund and General Catalyst, is making waves in the tech world by aiming to restore the US's leadership in chipmaking. With innovative technology that claims to rival industry giant ASML, Substrate's efforts could significantly impact the semiconductor landscape. The company's CEO, James Proud, has even engaged with members of the Trump administration to discuss their ambitious plans. This initiative is crucial as it addresses the growing need for domestic chip production in a competitive global market.
Trump Administration Backs Plan for New Nuclear Plants
PositiveFinancial Markets
The Trump administration has announced its support for a plan to construct new Westinghouse nuclear reactors, a move that could significantly boost the U.S. energy sector. While details are sparse, this initiative follows the recent success of similar reactors at the Alvin W. Vogtle Electric Generating Plant in Georgia. This development is important as it signals a renewed commitment to nuclear energy, which could play a crucial role in meeting future energy demands and reducing carbon emissions.
Consumer Confidence Hits Seven-Month Low—Government Shutdown A ‘Key Concern,’ Survey Says
NegativeFinancial Markets
Recent surveys indicate that consumer confidence in the U.S. has dropped to a seven-month low, primarily due to rising inflation, increasing prices, and a sluggish labor market. This decline is significant as it reflects growing concerns among Americans about their financial stability and the overall economic outlook, which could impact spending and investment decisions.
These classic Halloween candy brands have been discontinued
NegativeFinancial Markets
As Halloween approaches, it's bittersweet to learn that many classic candy brands have been discontinued over the years. With Americans projected to spend a staggering $3.9 billion on Halloween candy in 2025, the nostalgia for these beloved treats highlights a shift in consumer preferences. This matters because it reflects changing tastes and the impact of market trends on traditional favorites, leaving many to wonder what Halloween will look like without these iconic candies.
Latest from Financial Markets
Taiwan third-quarter economic growth likely slowed on tariff impact: Reuters poll
NegativeFinancial Markets
A recent Reuters poll indicates that Taiwan's economic growth is expected to slow in the third quarter, primarily due to the impact of tariffs. This slowdown is significant as it reflects the ongoing challenges faced by Taiwan's economy amidst global trade tensions. Understanding these economic shifts is crucial for investors and policymakers alike, as they navigate the complexities of international trade and its effects on local markets.
Malaysia's ban on raw rare earths exports remains despite U.S. deal, trade minister says
NeutralFinancial Markets
Malaysia's trade minister has confirmed that the country's ban on raw rare earths exports will continue, despite a recent deal with the U.S. This decision is significant as it reflects Malaysia's commitment to managing its natural resources sustainably while balancing international trade relations. The ongoing ban may impact global supply chains, particularly for industries reliant on rare earth materials.
Trump says may speak to China's Xi about Nvidia's 'super-duper' Blackwell chip
NeutralFinancial Markets
Former President Donald Trump has indicated that he might have a conversation with China's President Xi Jinping regarding Nvidia's latest 'super-duper' Blackwell chip. This potential dialogue highlights the ongoing technological competition between the U.S. and China, particularly in the semiconductor industry, which is crucial for advancements in AI and computing. As both nations vie for leadership in technology, discussions like these could shape future collaborations or tensions.
ICC's Denton on Trade, Supply Chain
NeutralFinancial Markets
John Denton, the Secretary General of the International Chamber of Commerce, recently shared insights on the impact of trade wars on businesses during an interview at the APEC CEO Summit in Gyeongju, South Korea. His discussion highlights the uncertainties that arise from these trade conflicts, which are crucial for understanding the current global economic landscape. As businesses navigate these challenges, Denton's perspective sheds light on the importance of international cooperation and dialogue in mitigating risks and fostering a more stable trade environment.
SoftBank, Panasonic, Hitachi rise on new US investment plans
PositiveFinancial Markets
SoftBank, Panasonic, and Hitachi are experiencing a surge in their stock prices following the announcement of new investment plans in the United States. This development is significant as it reflects a growing confidence in the U.S. market and the potential for these companies to expand their operations and influence in a key global economy.
Oil dips on worries about Russian sanctions, OPEC+ output increase
NegativeFinancial Markets
Oil prices have dipped as concerns grow over potential sanctions on Russia and an increase in output from OPEC+. This situation is significant as it reflects the ongoing geopolitical tensions and their impact on global oil supply, which could lead to higher prices for consumers and affect economic stability.