Surprised that more people aren’t talking about this reverse merger with XTI and $INPX. Current market cap of $10.08M, meanwhile XTI is valued at around $250M and with $7.1B in potential revenues based on their conditional pre orders. https://xti-inpx-merger.com
Surprised that more people aren’t talking about this reverse merger with XTI and $INPX. Current market cap of $10.08M, meanwhile XTI is valued at around $250M and with $7.1B in potential revenues based on their conditional pre orders. https://t.co/yr9UkVy8Md— Sigismund Nielsen (@SN_Economics) September 27, 2023
SHOULD CONTINUE TOMORROW
THESE BARDA CONTRACTS ARE USUALLY HUGE $$
KEY WORD: UP TO
ALSO WITH THAT SAID THE MARKET WILL JUST SEE $433m CONTRACT LOL
Gritstone bio Awarded BARDA Contract to Conduct Comparative Phase 2b Study Evaluating Next-Generation Vaccine Candidate for COVID-19 Valued at up to $433 Million
WHATS GUUD FOR TOMORROW ORION$????????
GRTS $1.67 + 39% after hours news huge contract
Grom $1.46 a/h 8 red days today ! Tomorrow should see some action.
$GLTO .777 breakout trigger maybe later this week
Hopefully we get some updates by Friday on meeting
$$GLTO --- GO-GO-GO!!!
FOXO out at $11.61
Suckers buy this bounce, reloading puts heavy here
Dow Jones coming back.... no CRASH today or the past 4 years
GLTO: YEP! (Got a tip too about that one from my Buddy, 'Subs-L' Chap; but disappointing price action today. EVERYTHING can't 'soar', every day, as we all know of course.)
$ICU someone needs to take ICU to the ICU. not looking to good at the moment.
SPRC: Heck, I got in TODAY, & did just fine! Not a huge profit, but REASONABLE. (Thanks to YOU!!)
Does Congress get paid during a shutdown?
Members of Congress will still get paid during a government shutdown.
Here are some ways a government shutdown would impact your family:
Funding for WIC - the Special Supplemental Nutrition Program for Women, Infants, and Children - would stop immediately
Food stamp benefits through the Supplemental Nutrition Assistance Program would remain intact in October but could be impacted after that
Children from low-income families would lose access to Head Start preschool programs
College students could see delays in their student loans
The Food and Drug Administration would delay nonessential food safety inspections
The Occupational Safety and Health Administration would limit its work
Travelers could see delays with receiving passports
National parks could close
The Federal Emergency Management Agency (FEMA) would have no money for disaster relief
How does a government shutdown affect the stock market?
A government shutdown isn't likely to help the stock market, investment experts say, but it probably won't hurt much.
Stocks are already down on the month, partly in anticipation of a potential shutdown. The benchmark S&P 500 has fallen more than 5% in September, from 4,508 to 4,274.
"You're seeing it right now," said Jeffrey A. Hirsch, CEO of Hirsch Holdings and editor-in-chief of the Stock Trader's Almanac. "There are a lot of things going on right now, and the government shutdown is one of those straws."
September is also a historically weak month for stocks, and the threat of a shutdown is but one of several factors dragging markets this month, Hirsch said.
But history suggests the market will ultimately recover.
"Historically, the market has pretty much ignored government shutdowns," said Sam Stovall, chief investment strategist at CFRA Research.
"There have been 20 since 1976, and whether you look at the week before the shutdown, the day before the shutdown, or the entire duration of the average nine-day shutdown, the market has gone nowhere, essentially."
In other words, Stovall said, the looming shutdown is "more of a headline event than a bottom-line event." Past shutdowns, Stovall said, left "angered tourists more than disappointed traders."
-Daniel de Vise
Latest updates on the government shutdown
GOP lawmakers emerged from a closed-door weekly conference meeting Wednesday, deriding the Senate’s version of a temporary funding bill for its lack of border security provisions. It's the major sticking point for most House Republicans in the government shutdown fight who say any funding measure must include border security language.
“The Senate is going to have to realize that the House is not going to move something that doesn't have border security at its core,” Rep. Dusty Johnson, R-S.D., a key negotiator and chair of the centrist Republican Main Street Caucus, told reporters Wednesday morning.
But House GOP requests for an aggressive border security package have almost no chance of passing the Democratic-controlled Senate. That's why Johnson and other Republicans are pinning the blame on Democrats for refusing to cede to their demands even though the House has been consumed by GOP infighting for the past weeks in spending negotiations.
“If they’re not willing to accept that fact, they are standing in the way of us funding this government,” Johnson said.
Will a government shutdown affect food stamps and WIC?
The Supplemental Nutrition Assistance Program, commonly known as SNAP, will continue for at least the month of October, Secretary of Agriculture Tom Vilsack said in a press briefing Monday. But he warned that “if the shutdown were to extend longer than that, there would be some serious consequences to SNAP.”
Funding for the Special Supplemental Nutrition Program for Women, Infants, and Children - better known as WIC - will stop “immediately when the shutdown occurs,” he said.
The U.S. Department of Agriculture has a contingency fund that may extend the program for a day or two, and some states may have leftover WIC benefits not spent that could extend the program for a week or so in that state.
“But the vast majority of WIC participants would see an immediate reduction and elimination of those benefits, which means the nutrition assistance that’s provided would not be available,” Vilsack said.
Would a government shutdown affect Social Security?
Social Security recipients will continue to receive checks in the event of a government shutdown and Medicare benefits will not be interrupted.
However, employees in the Social Security Administration are likely to be furloughed and government food assistance benefits could see delay.
A few services that are not directly related to Social Security payment benefits and direct-service operations would be temporarily suspended.
- Marina Pitofsky and Sudiksha Kochi
What is a government shutdown?
A government shutdown means all federal agencies and services officials don’t deem “essential” have to stop their work and close their doors.
Some of those essential services include the U.S. Postal Service delivering mail and people receiving Medicare and Social Security benefits. Those will continue whether or not the government shuts down.
But so-called “non-essential” work can still have significant impacts for federal employees and Americans across the country. Thousands of federal workers would be furloughed, government food assistance benefits could be delayed and some food safety inspections could also be put on pause.
– Marina Pitofsky
What is the meaning of furloughed?
A furlough occurs when an employee is required to take a mandatory and temporary unpaid leave of absence from their work. An employer can furlough employees to cut back costs or manage operations during a potential government shutdown.
A furlough is different from a layoff, which are permanent terminations in which employees can’t return back to work.
Does a government shutdown affect flights?
The deepest impact would not be on your flight or cruise.
Funding to agencies like the Federal Aviation Administration, Transportation Security Administration and Customs and Border Protection would be on hold. However, the agents who you typically interact with at airports and seaports, and the controllers who oversee your flights are considered essential and will be working without pay during the shutdown.
Impacts on those agencies have more to do with things like hiring and training. All the crucial safety functions like inspections and air traffic control continue.
Consular operations in the U.S. and internationally will also continue normally “as long as there are sufficient fees” collected to support them, according to the most recent guidance from the State Department. “This includes passports, visas, and assisting U.S. citizens abroad.”
There could be economic repercussions, though. A government shutdown is estimated to cost the country's travel economy as much as $140 million per day, according to an analysis for the U.S. Travel Association.
- Zach Wichter and Nathan Diller
When would a government shutdown start?
A government shutdown would start Sunday if lawmakers cannot pass a federal budget or stopgap measure by Sept. 30.
The stopgap, known as a continuing resolution, would prevent an Oct. 1 shutdown by temporarily extending government funding.
What would happen if the government shuts down?
In a government shutdown, all federal agencies that are not "essential" — think U.S. Postal Service, Medicare and Social Security — would stop work.
This means thousands of federal employees would be on furlough and Americans would go without government benefits such as food and housing support.
Air travel will be generally spared: Air traffic controllers and TSA agents will continue working, though without pay. Travelers may also contend with longer wait times and flight delays.
- Savannah Kuchar
How long would the government shutdown last?
Government funding is set to expire on Oct. 1. How long a potential shutdown would last depends on how soon the House and Senate are able to pass a new appropriations plan that President Joe Biden signs.
The length of past government shutdowns have varied, lasting from five days to 21 days.
Rep. Matt Gaetz, R-FL., said on Fox News’ “Sunday Morning Futures” that if the departments of Labor and Education "have to shut down for a few days as we get their appropriations in line, that’s certainly not something that is optimal.”
“But I think it’s better than continuing on the current path we are to America’s financial ruin,” Gaetz said.
How long was the last government shutdown?
The last government shutdown lasted from Dec. 22, 2018 to Jan. 25, 2019. Spanning 35 days, it was the longest government shutdown in U.S. history.
It was also the third federal shutdown to occur during the Trump administration; the first lasted three days in January 2018, and the second lasted only a few hours in February 2018.
Government shutdown history chart
Over the last five decades, there have been 21 federal shutdowns:
1976: Under President Gerald Ford. Lasted for 11 days.
1977: Under President Jimmy Carter. Lasted 12 days.
1977: Under President Carter. Lasted eight days.
1977: Under President Carter. Lasted eight days.
1978: Under President Carter. Lasted 17 days.
1979: Under President Carter. Lasted 11 days.
1981: Under President Ronald Reagan. Lasted two days.
1982: Under President Reagan. Lasted one day.
1982: Under President Reagan. Lasted three days.
1983: Under President Reagan. Lasted three days.
1984: Under President Reagan. Lasted two days.
1984: Under President Reagan. Lasted one day.
1986: Under President Reagan. Lasted one day.
1987: Under President Reagan. Lasted one day.
1990: Under George H.W. Bush. Lasted four days.
1995: Under President Bill Clinton. Lasted five days.
1996: Under President Clinton. Lasted 21 days.
2013: Under President Barack Obama. Lasted 17 days.
2018: Under President Donald Trump. Lasted three days.
2018: Under President Trump. Lasted several hours.
2019: Under Trump. Lasted 35 days.
Why Moody's says a government shutdown could hurt U.S. credit rating
The country’s credit rating could face additional pressure if the government shuts down next week, according to a new report from Moody’s Investors Service.
While a short-lived shutdown would not impact government debt service payments and isn’t expected to disrupt the economy, Moody's said it would “underscore the weakness” of U.S. institutional and governance strength compared to countries with similar credit ratings.
“In particular, it would demonstrate the significant constraints that intensifying political polarization put on fiscal policymaking at a time of declining fiscal strength,” Moody's report reads.
If the potential shutdown does drag on, it would "likely be disruptive both to the US economy and financial markets," although Moody's notes that any government shutdown is more likely to be brief and concentrated in areas with a large government presence, like Washington, D.C.
- Bailey Schulz
Lightbulb idea how many times they done the same circus act…lol.