The United States federal government entered a shutdown on Wednesday (October 1) after the Senate failed to agree on a last-minute spending bill.

Washington

The U.S. government has entered its first shutdown since 2019 after the Senate did not approve a short-term spending bill. As a result, hundreds of thousands of federal employees will either be furloughed or required to work without pay. The shutdown is expected to have broader implications, including a potential blackout of economic data, which could hinder global investment decisions, and possible disruptions to the U.S. stock market, which represents a significant portion of global market capitalization.

International negotiations, such as those related to the African Growth and Opportunity Act, may also be delayed, creating uncertainty for African countries seeking to extend trade agreements with the U.S. Additionally, travelers seeking U.S. visas could experience longer processing times if embassy and consulate services are reduced.

U.S. government shutdown raises fears of global uncertainty

The federal government of the United States has officially entered a shutdown on Wednesday after the U.S. Senate failed to pass a short-term spending bill on Tuesday night. This marks the first U.S. government shutdown since 2019. Hundreds of thousands of federal employees will be forced to take unpaid leave or work without pay for the duration of the halt. But the shutdown could have repercussions beyond the U.S. It could lead to a blackout of economic data, which would impact decision-making for investors worldwide. Investors will also look for any consequences on the U.S. stock market, as U.S. equities make up around 70 percent of global market cap. Negotiation efforts on trade or international agreements could also stall. The shutdown comes just a day after the African Growth and Opportunity Act expired. Many African countries hope this multilateral U.S.-Africa trade deal could be extended. The shutdown makes short-term negotiations on this issue uncertain. Travelers expecting U.S. visas could also face longer waits if services are scaled back in U.S. embassies and consulates.

Leaders in the U.S. state of Illinois are taking President Donald Trump to court, looking to stop the deployment of hundreds of National Guard troops to the streets of Chicago. The White House argues that soldiers are needed to prevent so-called lawlessness.

Chicago

Chicago declares 'ICE Free Zones' amid clashes over raids

French President Emmanuel Macron has given Prime Minister Sebastien Lecornu 48 hours to stabilize the government following his sudden resignation. Lecornu stepped down hours after naming his cabinet, amid criticism and growing political instability in a parliament without a clear majority.

Paris

Macron gives Lecornu two days to salvage government after resignation

Microchip maker AMD got a huge boost in the race to supply the artificial intelligence revolution. OpenAI, the company behind major AI platform ChatGPT, announced a deal for AMD to provide the AI startup with its high-performance processing chips starting next year.

Santa Clara

Rise of AI

AI chipmaker AMD strikes major deal with OpenAI

It's a race against time to save the remaining 200 or so stranded climbers on Mount Everest after a massive storm dumped at least three feet of snow over the weekend.

Gorakshep

About 200 Mount Everest climbers still stranded

Clashes broke out at ICE facilities in Chicago and Portland after President Trump ordered National Guard troops into both cities. The move has intensified tensions between federal authorities and local officials amid ongoing protests.

Clashes erupt as Trump deploys National Guard

Former NFL quarterback and Fox Sports analyst Mark Sanchez was charged with felony battery involving serious bodily injury, and could face up to six years in jail, according to Marion County Prosecutor Ryan Mears.

Indianapolis

Mark Sanchez charged with felony, could face up to 6 years in jail

Illinois Gov. JB Pritzker and Chicago Mayor Brandon Johnson announced on Monday a lawsuit against the Trump administration over plans to deploy the National Guard to Chicago.

Illinois, Chicago sue Trump over National Guard deployment

A selloff in French markets gathered pace after French media reports that Prime Minister Sebastien Lecornu has resigned. French stocks fell sharply, government bond yields were up 8 basis points and the euro was last down 0.65% at $1.1667.

French markets tumble after PM Lecornu resigns

Former NFL quarterback Mark Sanchez has been charged with battery, intoxication, and unlawful entry after allegedly attacking a 69-year-old truck driver in Indianapolis. The driver stabbed Sanchez in self-defense, believing his life was in danger. Sanchez is currently hospitalised.

Ex-NFL star Mark Sanchez faces criminal charges in alleged assault

U.S. President Donald Trump's battle with Democratic-led cities is heating up after 200 California National Guard troops have been reassigned to Oregon, despite a judge blocking the deployment to Portland.

Portland

Trump sends National Guard to Oregon despite court block

Israeli planes and tanks pounded areas across the Gaza Strip overnight and on Sunday, destroying several residential buildings, witnesses said, as Palestinians hoped a U.S. plan to end the war would soon ease their suffering.

Jerusalem

Middle East Conflict

Israeli strikes on Gaza continue ahead peace talks

Amenhotep III ruled between 1390 and 1350 BC and was one of the most prominent pharaohs of ancient Egypt.

Cairo

Pharaoh's tomb reopened after more than 20 years of renovations

President Trump has thrust the U.S. military into a critical role deterring illegal crossings into this country at the southern border. As Charlie D'Agata reports, their presence is having unintended consequences.

Santa Teresa

U.S. military presence at southern border angers hunters, hikers

A new CBS News poll shows a majority of Americans disapprove of how President Trump and congressional Republicans and Democrats have handled the government shutdown. Willie James Inman reports on that and Mr. Trump's latest National Guard moves.

Americans fed up with shutdown, poll finds

Negotiators between Hamas and Israel will begin meetings in Cairo on Monday (October 6) for the release of the remaining 20 hostages and a prisoner swap.  There is a lot of pressure on both sides to get a deal done.

Negotiations between Israel, Hamas set to begin

Japan's ruling party picked hardline conservative Sanae Takaichi as its head on Saturday, putting her on course to become the country's first female prime minister in a move set to jolt investors.

Tokyo

Right-wing Sanae Takaichi set to be Japan's first female premier

For a second day, Israel is launching more strikes on the Strip defying demands from the U.S. to stop attacks. At least 61 Palestinians were killed in attacks across the Strip.

Tel Aviv-Yafo

Israel intensifies Gaza bombardment despite U.S. pressure to stop

Israeli Prime Minister Benjamin Netanyahu says he hopes to announce the release of all the hostages being held by Hamas in Gaza in one fell swoop in the coming days.

Netanyahu: Gaza peace deal is 'close'

The government shutdown reached its fourth day on Saturday. The Senate on Friday went home after another failed vote to keep the government open. Willie James Inman has the latest.

No signs of compromise as government shutdown continues

Tensions are high in Portland, Oregon, as National Guardsmen could possibly be deployed there as early as this weekend. Federal agents and demonstrators squared off again, but Portland's mayor and chief of police say they don't need the help.

Protests in Portland as National Guard mobilizes

“I believe they are ready for a lasting peace.” the U.S president wrote on social media after Hamas announced it was willing to release the hostages and hand over power to other Palestinians.

Trump urges Israel to stop bombing Gaza after peace breakthrough

Israel slowed its Gaza offensive on Saturday after U.S. President Donald Trump demanded it stop bombing in response to Hamas saying it was ready to free hostages under the U.S. plan to end the two-year-old war.

Could the Trump deal end the Gaza war?

Sanae Takaichi has been elected as the head of Japan’s ruling Liberal Democratic Party (LDP) and is therefore likely to become the next prime minister and the first woman to lead the country.

Japan's ruling LDP elects first female prime minister

U.S. President Donald Trump has acknowledged Hamas's partial acceptance of a ceasefire proposal drafted with Israel, and ordered Israel to stop bombing the Gaza strip.

Trump orders Israel to stop bombing Gaza

The state Attorney-General says the city is violating the law by sharing license data with federal agencies. The El Cajon mayor has accused the state of 'bullying' cities.

El Cajon

State sues El Cajon over license plate data

Sean "Diddy" Combs was sentenced on Friday to more than four years in prison on two prostitution-related charges. It follows a roughly two-month-long trial where Combs was acquitted on more serious charges of racketeering and sex trafficking.

Manhattan

Sean "Diddy" Combs sentenced to over four years in prison

The United States Senate on Friday (October 3) failed to advance competing plans to extend federal funding and end the government shutdown, likely pushing the funding lapse into at least next week.

U.S. Senate fails to pass funding bill to end government shutdown

U.S. Secretary of Defense Pete Hegseth announced on social media another strike targeting a vessel allegedly connected to narco-trafficking off the coast of Venezuela. CBS News' Reed Cowan reports.

Hegseth announces another strike against vessel off Venezuela coast

Sarah Mullally has been named as the first female Archbishop of Canterbury in the 1,400-year history of the role, but her appointment immediately drew criticism from conservative Anglicans mainly based in Africa who oppose women bishops.

Canterbury

Church of England names first female archbishop

Israeli forces have intercepted the last vessel of an aid flotilla headed for Gaza. The convoy was in international waters, prompting accusations that Israel violated maritime law. Protests have been staged in cities around the world.

Breakdown