Morning Business Report: President Trump signs bill ending 43-day government shutdown
Stock futures are mixed after President Trump signed the funding bill, officially ending the 43-day government shutdown.
(LILAMAX)- Stock futures are mixed after President Trump signed the funding bill, officially ending the 43-day government shutdown. The House approved the temporary spending measure earlier in the day, sending it to the president’s desk.
The Congressional Budget Office projects the reopening will boost first-quarter growth next year by 2.2 percentage points, though about $11 billion in economic activity will be permanently lost because of the shutdown.
Not every American will receive the proposed $2,000 tariff dividend. Treasury Secretary Scott Bessent says the benefit would likely be limited to Americans earning under $100,000. Even with that narrower threshold, the Tax Foundation estimates the program would still cost roughly $300 billion.
The Dow closed at another record high for the second straight day, topping 48,000 points for the first time. It marks the 17th record close for the index this year.
Candles remain one of the most popular holiday gifts, with 35 percent of annual sales occurring between Black Friday and Christmas. The global scented candle market is expected to reach $765.7 million by 2030, up from $571 million last year. With tighter budgets in 2025, many see candles as an affordable but still meaningful gift.
A new study from Talker Research and BSN Sports shows just how costly youth athletics can be. The average student athlete needs new equipment three times per year, totaling about $313 annually. One in nine families spends over $500. Still, 64 percent say the cost is worth it because the gear represents pride, progress, and commitment. Nine out of ten parents and coaches view the expense as an investment in a young athlete’s future.
