Author: arthursheikin@gmail.com

[ad_1] This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. US stock futures fell as the government shutdown hit markets. The shutdown may delay key economic reports. Gold, a haven investment, hit a record high — again. US stock futures are lower after the US government shut down on Wednesday.Here’s where US stock futures stand at 12:01 a.m. ET on Wednesday:S&P 500: down 0.5% at 6,708.25Dow Jones: down 0.4% at 46,498.00Nasdaq: down 0.5% at 24,772.00Haven asset gold hit a fresh record high for the third straight session. and…

[ad_1] This month’s jobs day could be coming late.The US government has shut down after Congress failed to pass a spending bill before the 12:01 a.m. Wednesday deadline. Depending on how long it goes on, that could affect the Bureau of Labor Statistics’ reports that help businesses, workers, and the Federal Reserve know what’s happening in the economy.Based on the Department of Labor’s contingency plan, if the government shutdown is still happening on Friday, the monthly employment situation, commonly known as the jobs report, won’t be published as planned. If it’s still happening by mid-October, it could affect the annual…

[ad_1] The US government has shut down, and federal workers’ jobs are once again on the chopping block.Republican and Democratic lawmakers failed to reach an agreement on a plan to keep the government funded past September 30. While the GOP controls Congress and the White House, passing a funding bill requires 60 Senate votes under current rules, meaning some Democrats need to be on board.Federal workers’ jobs are on the line — they could be fired, not just furloughed, as has been the case with prior government shutdowns. The Office of Management and Budget wrote a memo to federal agencies…

[ad_1] One canceled late-night host and one temporarily canceled late-night host walked into a bar, or actually set, on Tuesday.Jimmy Kimmel hosted fellow comedian Stephen Colbert on “Jimmy Kimmel Live!” a week after Disney put Kimmel’s show back on the air. Colbert also hosted Kimmel on his own show, “The Late Show With Stephen Colbert,” the same night. The shows were taped earlier in the day on Tuesday and aired late that night.The pair swapped stories about what it was like to learn their late-night shows were getting pulled. Colbert’s contract as host of “The Late Show” was not renewed,…

[ad_1] Mark Cuban is giving President Donald Trump’s new direct-to-consumer online drug store venture a “B” — for now.Trump announced on Tuesday that he plans to launch a government-run website, called TrumpRx.gov, for consumers to buy prescription drugs directly from manufacturers on the site without the involvement of Pharmacy Benefit Managers as intermediaries. According to NPR, the administration expects to release the website in 2026.Cuban, the billionaire venture capitalist, commented on X that this would be good for patients and could actually boost business for his Cost Plus Drugs, which runs on a similar model. He said that the administration…

[ad_1] OpenAI just fired a shot across the bow of the software industry.With the launch of its own AI-powered sales, support, and contract tools, the company is no longer simply powering the software-as-a-service (SaaS) market; it’s competing with it.For years, OpenAI has provided AI infrastructure, selling tools that software players could build on. Now it’s embedding AI directly into everyday processes, such as sales, support, and document analysis. That makes it both a partner and a rival — a dynamic that could reshape the software landscape dominated by giants like Salesforce.Software rivals are already taking a hit on the stock…

[ad_1] The most-talked-about legal drama last week wasn’t on a streamer, but on Reddit. Harvey, an AI-for-law startup valued at $5 billion, found itself on defense after a purported former employee claimed in a post that lawyers weren’t actually using its tools. Harvey pushed back with internal stats, as screenshots of the post jumped to LinkedIn and the debate spilled beyond the startup.Legaltech has long promised to draft contracts, sift data, and give lawyers their nights and weekends back. The reality has lagged. Lawyers are cautious and demand accuracy.Harvey bills itself as the platform lawyers can finally trust: chatbots that…

[ad_1] This week on StrictlyVC Download, TechCrunch Editor-in-Chief Connie Loizos and StrictlyVC’s Alex Gove spoke with with Amjad Masad, founder and CEO of Replit, fresh off the company’s $250 million Series C at a $3 billion valuation. They discussed Replit’s remarkable journey from hovering around $2.8 million in ARR for years to hitting $150 million — and how a controversial pivot away from professional developers made it all possible. Masad explained why targeting non-technical users actually requires more compute power than serving experienced coders, and how his company survived a viral production database disaster that briefly threatened to derail everything.…

[ad_1] Hisense continues to step up its game with the release of the U8QG, its latest flagship QLED 4K TV. The display boasts one of the brightest pictures on the market while costing less than dimmer models from brands like Samsung and Sony.But Hisense didn’t stop at just making a bright TV. The U8QG also boasts excellent backlight control, which produces impressive black levels for a TV of this type, along with sparkling specular highlights.Its color performance is better than last year’s U8N, too, but there are some inaccuracies here and there. And though the TV’s gaming capabilities are stacked…

[ad_1] If the government shuts down after Tuesday, millions of federal workers will be at risk of missing a paycheck.Members of Congress, on the other hand, won’t have to worry about that.That’s in large part thanks to the US Constitution. Article I, Section 6 requires that senators and representatives “receive a Compensation for their Services,” while the 27th Amendment states that any law changing that compensation can’t take effect before the following election.Since 1981, lawmakers’ salaries have been funded via mandatory spending, which is not impacted by government shutdowns. Rank-and-file members of Congress are paid $174,000 per year, a figure…