peel back effect

AP Business SummaryBrief at 9:54 a.m. EST

Posted 11/8/25

Republicans swat down Democratic offer to end shutdown as impasse continues into 38th day

WASHINGTON (AP) — Republicans are swatting down an offer from Democrats to end the government shutdown. …

delmar logo

You must be a member to read this story.

Join our family of readers for as little as $14.99 per month and support local, unbiased journalism.


Already a member? Log in to continue.   Otherwise, follow the link below to join.

Please log in to continue

Log in

AP Business SummaryBrief at 9:54 a.m. EST

Posted

Republicans swat down Democratic offer to end shutdown as impasse continues into 38th day

WASHINGTON (AP) — Republicans are swatting down an offer from Democrats to end the government shutdown. Senate Majority Leader John Thune says the new offer from Democrats is a “non-starter.” The proposal from Democrats would reopen the government and include a one-year extension of expiring health care subsidies. It’s unclear what may happen next. Thune is keeping the Senate in session over the weekend, an idea  President Donald Trump endorsed in a social media post. Despite the stalemate, lawmakers in both parties are feeling increased urgency to end the shutdown, which has now lasted for 38 days.

Travelers brace for chaos as US government shutdown threatens holiday flights

NEW YORK (AP) — Travelers across the U.S. are facing potential chaos as a government shutdown threatens to disrupt flights nationwide. The Federal Aviation Administration has announced a reduction in air traffic at 40 airports starting Friday, causing concern for those with upcoming travel plans. This includes major hubs like Atlanta, Denver, and San Francisco. With Thanksgiving approaching, many are worried about cancellations and delays. Some travelers are opting to drive instead of risking flight issues. Others are booking backup reservations or finding alternative routes.

US airlines cancel 1,000 flights while complying with shutdown order

Anxious travelers across the U.S. are feeling a bit of relief as airlines have mostly stayed on schedule while gradually cutting flights because of the government shutdown. At least 1,000 flights were called off on Friday as airlines comply with the Federal Aviation Administration’s order to reduce service. Some passengers were forced make last-minute changes and rebook on different flights. Plenty of nervousness remained, as more canceled flights are expected in the coming days. Airports in Chicago, Atlanta, Denver and Dallas led the way with the most disruptions. The upheaval will intensify the longer the shutdown lasts and could become chaotic if it extends into the Thanksgiving holiday.

What to know about the flight cancellations at US airports caused by the government shutdown

Hundreds of flights at the busiest airports in the U.S. are being scratched this weekend. Airlines are moving forward with reducing air service due to the lingering government shutdown. More than 1,000 flights were canceled Friday as the slowdown began. And over 800 have been called off for Saturday. So far, the government-ordered slowdown hasn’t caused any widespread disruptions. But industry analysts warn that the upheaval will intensify and be felt far beyond air travel if the cancellations pick up and move closer to the Thanksgiving holiday. There are already concerns about the impact on cities and businesses that rely on tourism.

Washington's struggling economy takes another economic hit from the government shutdown

WASHINGTON (AP) — Washington's local economy has taken blows from a series of actions by the Trump administration, from the layoffs of federal workers to the ongoing law enforcement intervention with the National Guard. Now there's the added fallout from the government shutdown, which has furloughed workers and paused money for food assistance. Experts say the shutdown’s long-term impact on the regional economy will be felt long after the government reopens. The Capital Area Food Bank is providing 8 million more meals than it had prepared to this budget year. That's a nearly 20% increase.

What to know about COP30, this year's UN climate talks

World leaders, activists, experts and many more are in or headed to Brazil for this year's annual United Nations climate talks. The Conference of the Parties is known less formally as COP30 since it's the 30th such meeting. It's being held in Belem. The city is on the doorstep of the Amazon rainforest. And organizers are counting on that location to remind negotiators what's at stake as the world warms dangerously. Organizers and analysts say they aren't expecting any major new agreement to result from COP30. They say success will depend instead on whether countries commit to executing on some of their past pledges.

What to know if your travel plans are impacted by the FAA's flight cancellations

Travelers with upcoming travel plans can expect to see fewer flights to many major U.S. cities. The Federal Aviation Administration reduced traffic across 40 airports starting Friday to ease the load on the nation’s air traffic controllers. The head of the administration says the unprecedented move is necessary to keep air travel safe. It says air traffic controllers are showing increasing signs of stress and fatigue while working unpaid during the longest government shutdown in United States history. Airlines are required to offer refunds to passengers, but secondary costs like food and hotel accommodations might not be covered.

Bulgaria moves to prevent shutdown of its only oil refinery ahead of US sanctions

SOFIA, Bulgaria (AP) — Bulgaria is racing to prevent the shutdown of its only oil refinery before U.S. sanctions on its Russian owner take effect later this month. Parliament in Sofia has approved legal changes to give more control to a government-appointed manager of the Lukoil-owned Burgas refinery. Lukoil is selling its international assets in response to U.S. sanctions aimed at pushing Russia to agree to a ceasefire in Ukraine. The ruling coalition argues that the sanctions, scheduled for November 21, could lead to the refinery's shutdown. Last week, Bulgaria imposed temporary restrictions on petroleum exports to ensure domestic supplies.

Trump accuses foreign-owned meat packers of inflating US beef prices and calls for investigation

WASHINGTON (AP) — President Donald Trump is accusing foreign-owned meat packers of driving up the price of beef in the U.S. and is asking the Department of Justice to open an investigation. The Republican president announced the move on social media days after his party suffered losses in key elections in which the winning Democratic candidates focused on concerns about the cost of living. Experts say it's unlikely an investigation would result in lower prices at grocery stores, and a trade group representing meat packers said they’re not to blame for the high prices of beef.

'No hire' job market leaves unemployed in limbo as threats to economy multiply

WASHINGTON (AP) — The unemployment rate is low and the economy is still growing, but those out of work face the slowest pace of hiring in more than a decade. While big corporate layoff announcements typically grab the most attention, it has been the unwillingness of many companies to add workers that has created a more painful job market than the low 4.3% unemployment rate would suggest. It is also more bifurcated: The “low hire, low fire” economy has meant fewer layoffs for those with jobs, while the unemployed struggle to find work.

Members and subscribers make this story possible.
You can help support non-partisan, community journalism.

x
X