Forget Amazon's 1997 IPO... This Could Be 287 Times Bigger

Since Amazon's IPO in 1997, it climbed enough to turn $100 into $250,000. Now, one man says Elon Musk could be gearing up to take his internet satellite giant public... in what Fortune magazine says will be the biggest IPO in history! James Altucher is sharing how ANYONE can get a pre-IPO stake... with as little as $100!

Shutdown stalemate set to drag into sixth week as Trump pushes Republicans to change Senate rules

MARY CLARE JALONICK
November 02, 2025

WASHINGTON (AP) -- Republicans and Democrats remained at a stalemate on the government shutdown over the weekend as it headed into its sixth week, with food aid potentially delayed or suspended for millions of Americans and President Donald Trump pushing GOP leaders to change Senate rules to end it.

White House Press Secretary Karoline Leavitt said Sunday that Trump has spoken to Senate Majority Leader John Thune, R-S.D., and House Speaker Mike Johnson, R-La., as he has publicly and repeatedly pushed for an end to the Senate filibuster. But Republicans have strongly rejected Trump's calls since his first term, arguing that the rule requiring 60 votes to overcome any objections in the Senate is vital to the institution and has allowed them to stop Democratic policies when they are in the minority.

Leavitt said Sunday that the Democrats are "crazed people" who haven't shown any signs of budging.

"That's why President Trump has said Republicans need to get tough, they need to get smart, and they need to use this option to get rid of the filibuster, to reopen the government and do right by the American public," Leavitt said on "Sunday Morning Futures" on Fox News.

Democrats have voted thirteen times against reopening the government, denying Republicans the votes in the 53-47 Senate as they insist on negotiations to extend government health care subsidies that will be cut off at the end of the year. Republicans say they won't negotiate until the government is reopened.

With the two parties at a standstill, the shutdown, now in its 33rd day, appears likely become the longest in history. The previous record was set in 2019, when Trump demanded that Congress give him money for a U.S.-Mexico border wall.

A potentially decisive week

Trump's push on the filibuster could prove a distraction for Thune and Republican senators who have opted instead to stay the course as the consequences of the shutdown have become more acute, including more missed paychecks for air traffic controllers and other government workers and uncertainty over the Supplemental Nutrition Assistance Program, or SNAP.

Republicans are hoping that at least some Democrats will eventually give them the votes they need as they hold repeated votes on a bill to reopen the government. Democrats have held together so far, but some moderates have been in talks with rank-and-file Republicans about potential compromises that could guarantee votes on health care in exchange for reopening the government. Republicans need five additional Democrats to pass their bill.

"We need five with a backbone to say we care more about the lives of the American people than about gaining some political leverage," Thune said on the Senate floor as the Senate left Washington for the weekend on Thursday.

Virginia Sen. Tim Kaine, a Democrat, said on ABC's "This Week" on Sunday that there is a group of people talking about "a path to fix the health care debacle" and a commitment from Republicans not to fire more federal workers. But it's still unclear if those talks could produce a meaningful compromise.

The coming week could also be crucial for Democrats as the open enrollment period for health care marketplaces governed by the Affordable Care Act opened Nov. 1 and people are already starting to see spikes in premium costs for the next year, meaning it may be too late to make immediate changes. Democrats are also watching the results of gubernatorial elections in Virginia and New Jersey on Tuesday.

No appetite for bipartisanship

As Democrats have pushed Trump and Republicans to negotiate, Trump has showed little interest in doing so. He immediately called for an end to the Senate filibuster after a trip to Asia while the government was shut down.

Leavitt said Sunday that the president spoke to both Thune and Johnson about the filibuster. But a spokesman for Thune said Friday that his position hasn't changed, and Johnson said on Sunday that Republicans traditionally have resisted calling for an end to the filibuster because it protects them from "the worst impulses of the far-left Democrat Party."

Trump's call to end it "is a reflection of all of our desperation," Johnson said on "Fox News Sunday."

Trump has spent much of the shutdown mocking Democrats, posting videos of House Democratic leader Hakeem Jeffries in a Mexican sombrero. The White House website has a satirical "My Space" page for Democrats, a parody based on the social media site that was popular in the early 2000s. "We just love playing politics with people's livelihoods," the page reads.

Democrats have repeatedly said that they need Trump to weigh in. Virginia Sen. Mark Warner said that he hopes the shutdown could end "this week" because Trump is back in Washington.

Republicans "can't move on anything without a Trump sign off," Warner said on "Face the Nation" on CBS.

Record-breaking shutdown

The 35-day shutdown that lasted from December 2018 to January 2019 ended when Trump retreated from his demands over a border wall. That came amid intensifying delays at the nation's airports and multiple missed paydays for hundreds of thousands of federal workers.

Transportation Secretary Sean Duffy said on ABC's "This Week" that there have already been delays at several airports as air traffic controllers aren't getting paid "and it's only going to get worse."

Many of the workers are "confronted with a decision," he said. "Do I put food on my kids' table, do I put gas in the car, do I pay my rent or do I go to work and not get paid?"

As flight delays around the country increased, New York City's emergency management department posted on Sunday that Newark Airport was under a ground delay because of "staffing shortages in the control tower" and that they were limiting arrivals to the airport.

"The average delay is about 2 hours, and some flights are more than 3 hours late," the account posted. "FAA planning notes show a possibility of a full ground stop later if staffing shortages or demand increases."

SNAP crisis

Also in the crossfire are the 42 million Americans who receive SNAP benefits. The Department of Agriculture planned to withhold $8 billion needed for payments to the food program starting on Saturday until two federal judges ordered the administration to fund it.

House Democratic leader Jeffries accused Trump and Republicans of attempting to "weaponize hunger." He said that the administration has managed to find ways for funding other priorities during the shutdown, but is slow-walking pushing out SNAP benefits despite the court orders.

"But somehow they can't find money to make sure that Americans don't go hungry," Jeffries said in an appearance on CNN's "State of the Union."

Treasury Secretary Scott Bessent, in his own CNN appearance Sunday, said the administration continues to await direction from the courts.

"The best way for SNAP benefits to get paid is for Democrats -- for five Democrats to cross the aisle and reopen the government," Bessent said.

___

Associated Press writer Aamer Madhani contributed to this report.

Continue Reading...

Popular

Jim Cramer Warns 'Don't Be Fooled' Because Speculators In Gold, Quantum And Nuclear Energy Aren't Going Down 'Without A Fight'

Former hedge fund manager and renowned CNBC TV host Jim Cramer is sounding the alarm on certain speculative pockets of the market, urging investors to sell into the "snapback" momentum if they haven't already done so.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Trump says a Canadian ad misstated Ronald Reagan's views on tariffs. Here are the facts and context

WASHINGTON (AP) — President Donald Trump pulled out of trade talks with Canada Thursday night, furious over what he called a “fake’’ television ad from Ontario’s provincial government that quoted former U.S. President Ronald Reagan from 38 years ago criticizing tariffs -- Trump’s favorite economic tool.

Jan 26: The Day Elon Changes Everything - Ad

Mark your calendar: January 26, 2025. That's the date I believe Elon Musk could finally unveil his Optimus robot - the same project he says will be "the biggest product ever of any kind." If Elon is right, this could be a $30 trillion tipping point...And regular investors have a rare window to move before the switch flips.

Elon Musk's SpaceX Shakes Up Bitcoin Market With $133 Million Transfer

SpaceX, the space exploration company led by Elon Musk, has reportedly transferred over $133 million in Bitcoin (CRYPTO: BTC), causing a stir in the cryptocurrency market.

Trump Nominates Jared Isaacman For NASA Administrator — Elon Musk Reacts

Elon Musk's ally Jared Isaacman nominated for NASA Administrator by President Donald Trump amid SpaceX's Artemis push.

We've Seen This Before... and It Didn't End Well - Ad

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

Novo Nordisk hikes Metsera bid to up to $10B in competition with rival Pfizer

Novo Nordisk is raising the stakes in its push to outbid rival Pfizer for the development-stage drugmaker Metsera.

Microsoft's AI Chief Criticizes ChatGPT's Erotica Features Despite $13 Billion OpenAI Investment

Microsoft will not develop "simulated erotica" for its chatbot users. AI CEO Mustafa Suleyman warned that such capabilities could pose significant risks.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

A United Airlines emergency landing likely caused by collision with a weather balloon

A United Airlines plane appears to have collided with a weather balloon while cruising over Utah at 36,000 feet last week, fracturing layers of its windshield and forcing an emergency landing.

3 Communication Stocks Making Big Moves On Value Metrics

Three communication service stocks posted sharp gains in Benzinga's value rankings this week, highlighting renewed investor interest in the sector. Here's what investors need to know.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

European Union agrees on new sanctions against Russia targeting its shadow oil fleet and LNG imports

BRUSSELS (AP) — The European Union has agreed on a new raft of sanctions against Russia targeting its shadow fleet of oil tankers and banning its imports of liquefied natural gas, the Danish EU presidency announced Thursday.

Elizabeth Warren And Adam Schiff Introduce Senate Resolution Condemning Trump's Pardon Of Changpeng Zhao

Senators Elizabeth Warren (D-Mass.) and Adam Schiff (D-CA) are introducing a Senate resolution condemning President Donald Trump‘s pardon of Binance (CRYPTO: BNB) founder

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Trump's $8.5 Billion Deal With Australia Challenges Chinese Dominance

Trump and Albanese signed a partnership to secure critical mineral supply chains and strengthen defense cooperation.

How To Earn $500 A Month From UnitedHealth Group Stock Ahead Of Q3 Earnings

UNH to release Q3 earnings before opening bell on Tuesday. Analysts predict $2.81/share, down from $7.15/share in 2019. Dividend yield at 2.44%.

After 50 Years of Chemo, One Biotech Could Lead the Next Cancer Breakthrough - Ad

For decades, toxic chemotherapy defined cancer care. This biotech's innovative approach could finally change that. With early results showing precision without poison, this story is one investors will want to see early.

What's Going On With Archer-Daniels-Midland Today?

ADM edges higher after a Q3 EPS beat, revenue miss, mixed segment results, and a lowered 2025 profit outlook.

Wingstop CEO Flags Broadening Demand Weakness, Cuts Outlook

Wingstop (NASDAQ: WING) shares surge on mixed Q3 results, with earnings beating expectations while revenue falls short.

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

AP Business News Digest

Here are the AP's top business stories that have moved or are planned to move today. All times U.S. Eastern. For up-to-the minute information on AP's coverage, visit AP Newsroom’s .

Why Top Analyst Still Says Buy IBM, Even As Its Cloud Business Slows

IBM beats Q3 expectations with strong Infrastructure and Automation divisions, raises guidance despite weaker software segments.

Nvidia CEO: E.I. Will Be as Common as Cars Today - Ad

E.I. isn't science fiction anymore. It's already here. And one little-known company is quietly supplying the systems behind it. This stock is still under Wall Street's radar... but not for long. You'll get the name, the ticker, and the full thesis inside.

What's Going On With The Drop In Apple Stock Today?

Apple Inc (NASDAQ:AAPL) shares are trading lower on Wednesday. The company faces a new EU antitrust complaint while navigating mixed demand signals across its iPhone lineup ahead of fourth-quarter earnings on Oct. 30.

Forget Amazon's 1997 IPO... This Could Be 287 Times Bigger - Ad

Since Amazon's IPO in 1997, it climbed enough to turn $100 into $250,000. Now, one man says Elon Musk could be gearing up to take his internet satellite giant public... in what Fortune magazine says will be the biggest IPO in history! James Altucher is sharing how ANYONE can get a pre-IPO stake... with as little as $100!

Instacart Powers Grubhub's Grocery Blitz Across America

Grubhub taps Instacart for nationwide grocery ordering, with Instacart fulfillment, pharmacy additions coming, and promos boosting adoption despite CART dip.

France threatens to block Shein over sale of childlike sex dolls ahead of Paris store opening

PARIS (AP) — French authorities have warned they may block access to after it emerged that the online fast fashion giant had been selling sex dolls with a childlike appearance.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

GE Vernova Moves To Full Control Of Prolec GE In Massive $5.3 Billion Deal

GE Vernova Inc. (NYSE: GEV) to acquire remaining 50% stake in Prolec GE for $5.275 billion. The deal is expected to close by mid-2026.

Jan 26: The Day Elon Changes Everything - Ad

Mark your calendar: January 26, 2025. That's the date I believe Elon Musk could finally unveil his Optimus robot - the same project he says will be "the biggest product ever of any kind." If Elon is right, this could be a $30 trillion tipping point...And regular investors have a rare window to move before the switch flips.

Krispy Kreme (DNUT) Stock Is Surging Wednesday: What's Going On?

Shares of Krispy Kreme are surging Wednesday, lifted by a wave of renewed retail investor interest in meme stocks.

Nigerian billionaire plans expansion of Africa's biggest oil refinery

ABUJA, Nigeria (AP) — The billionaire owner of plans to expand its capacity to 1.4 million barrels per day to meet growing fuel needs in the continent and beyond.

We've Seen This Before... and It Didn't End Well - Ad

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

S&P Global Boosts Outlook As CEO Hails Exceptional Growth

S&P Global (NYSE: SPGI) shares surge after reporting strong Q3 results, beating expectations with adjusted earnings of $4.73 per share.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service