For: October 7, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed mix to start the week on Wall Street. Both the S&P 500 and the tech-heavy Nasdaq posted new records as AMD shares jumped more than 20 percent. Declines in Home Depot and Verizon weighed on the Dow Jones Industrial Average as investors remained largely unfazed by the government shutdown. At the closing bell, the Dow lost 63 points to 46-694. The S&P 500 rose 24 points to 67-40. The Nasdaq gained 161 points to 22-941.
>>Shutdown Rolls On
(Washington, DC) -- Dueling government funding bills have both failed as the government remains shut down. One was a Republican bill that had already passed through the House, with the other backed by Democrats. The two pieces of legislation have now both failed to pass several times. House Minority Leader Hakeem Jeffries posted a letter on his website over the weekend that said "people will die if the Affordable Care Act tax credits are not renewed" in the government funding stopgap bill. Top Republicans on Capitol Hill have vowed not to cave in to Democrats' demands for health care funding.
>>Air Traffic Control Impacted By Shutdown
(Burbank, CA) -- The FAA says the control tower at California's Hollywood Burbank Airport was unmanned Monday evening due to staffing issues during the ongoing government shutdown. Flights could still take off and land but pilots had to use procedures typically followed at small airports without control towers. Air traffic controllers have to work during the shutdown but aren't being paid and some have started calling in sick. A dozen FAA facilities experienced staffing issues Monday, including Phoenix and Denver. The controller's union, the National Air Traffic Controllers Association, said it's normal for people to call in sick on any given day but that what happened Monday shows how fragile the nation's aviation system is.
>>American Airlines Announces Bag Policy Change
(Fort Worth, TX) -- American Airlines is announcing a change to its carry-on baggage rules. The major airline carrier confirmed the change in a statement sent to multiple outlets, and starting on Monday bag sizers will be removed from its gate areas across the country. American Airlines' rule change comes in an effort to simplify the boarding process, but it does not mean travelers can bring larger sized carry-ons. The airline is building on previous boarding enhancements including the expansion of preboarding for families with young children, five extra minutes added to boarding time and new gate technology.
>>Apple Reportedly Eyeing Its Next CEO
(Cupertino, CA) -- Apple insiders say John Ternus is being groomed to eventually lead the company after CEO Tim Cook retires. The 50-year-old Vice President of Hardware Engineering is seen as an experienced employee who can lead Apple for a decade or more. Cook is not expected to leave anytime soon, but Bloomberg says the 64-year-old could call it a day before he turns 70.
>>Amazon Prime Day Oct. 7-8
(Seattle, WA) -- Amazon Prime Day returns for a two-day event that begins today. While July's Prime Day is the online retail giant's biggest sale, October Prime Day was started in 2022 to boost sales closer to the holidays. Amazon devices, like Kindles, Echos and Ring cameras are expected to hit record-low prices.
