❗️ If no deal is reached today, tomorrow will bring the “Santa Claus Shutdown”—the government will come to a halt, officials will be sent on unpaid leave, and the economy will hold its breath. Trump and Musk are proposing either raising the debt ceiling to $5 trillion or scrapping it altogether. Congress is stunned, Democrats are opposed, and conservatives are calling it “madness.” Hello, Trump—welcome, shutdown. Let’s recall the record-breaking 2018 shutdown: 35 days, 800,000 officials without paychecks, and $11 billion in economic losses. Congress is racing to push through temporary funding, but the clock is ticking. submitted by /u/glira31 |
Nordstrom (JWN) is going private in an all-cash transaction valued at $6.25 billion. The Nordstrom family is paying shareholders $24.25 in cash for each share they own. They believe it will be “more successful without the scrutiny and demands of the public market.”
submitted by /u/XGramatik [link] [comments]