New Photo - US stock futures slide, gold hits fresh record on US government shutdown

US stock futures slide, gold hits fresh record on US government shutdown Huileng TanOctober 1, 2025 at 6:25 AM 0 Traders work on the floor of the New York Stock Exchange (NYSE)Spencer Platt/Getty Images US stock futures fell as the government shutdown hit markets.

- - US stock futures slide, gold hits fresh record on US government shutdown

Huileng TanOctober 1, 2025 at 6:25 AM

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Traders work on the floor of the New York Stock Exchange (NYSE)Spencer Platt/Getty Images -

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 6,708.25

Dow Jones: down 0.4% at 46,498.00

Nasdaq: down 0.5% at 24,772.00

Haven asset gold hit a fresh record high for the third straight session. and the US Dollar Index was steady after several days of losses:

Spot gold: $3,859.21 per ounce

US Dollar Index: 97.81

The market is concerned that the shutdown would delay the release of key economic reports — including jobs and inflation data — used to gauge the Federal Reserve's interest rate decisions.

"This could spell significant, even if only temporary, economic disruptions," wrote Vishnu Varathan, Mizuho's head of macro research for Asia excluding Japan, in a Tuesday note.

"A shutdown may inadvertently amplify risks of policy missteps due to data obfuscations amid interrupted fits and starts to economic momentum," Varathan added.

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US stock futures slide, gold hits fresh record on US government shutdown

US stock futures slide, gold hits fresh record on US government shutdown Huileng TanOctober 1, 2025 at 6:25 AM 0 Trade...
New Photo - China holds National Day ceremony in waters off atoll claimed by Philippines

China holds National Day ceremony in waters off atoll claimed by Philippines ReutersOctober 1, 2025 at 7:12 AM 0 FILE PHOTO: A Filipino fisheman rows a boat during a trip near the disputed Scarborough Shoal, in Masinloc, Zambales province, Philippines, July 18, 2022.

- - China holds National Day ceremony in waters off atoll claimed by Philippines

ReutersOctober 1, 2025 at 7:12 AM

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FILE PHOTO: A Filipino fisheman rows a boat during a trip near the disputed Scarborough Shoal, in Masinloc, Zambales province, Philippines, July 18, 2022. REUTERS/Lisa Marie David/File Photo

BEIJING (Reuters) -China's coast guard held a National Day flag-raising ceremony on a ship in the waters off the disputed Scarborough Shoal, vowing to "stand guard" over the atoll, a major flashpoint for diplomatic flare-ups and maritime clashes with the Philippines.

Both countries claim the triangular feature in the busy waterway of the South China Sea, but it is effectively under Beijing's control. In September, China infuriated Manila with a plan to set up a "national" nature reserve there.

Coast guard officers standing in formation on the rear deck of the patrol vessel Dahao (3304) saluted as the Chinese flag was raised, a video showed in a coast guard posting on Wednesday on Douyin, known as TikTok outside China.

"We stand guard over these blue waters, assuring the nation of our unwavering commitment," the video subtitles read.

The Philippine coast guard did not immediately respond to a Reuters request for comment on Wednesday.

In 2012 China seized control of the shoal after a standoff with the Philippines and has since kept a deployment of coast guard and fishing trawlers there.

A landmark ruling on South China Sea issues by the Permanent Court of Arbitration in 2016 went in favour of Manila but deciding sovereignty over the shoal was not within the scope of the decision.

The ruling held that Beijing's blockade there violated international law as it was a traditional fishing ground for several countries, including the Philippines and Vietnam.

Flare-ups near the shoal in recent years have included the use of water cannon, boat-ramming and manoeuvres by China's coast guard that the Philippines considers dangerously close, while jets have shadowed Philippine aircraft over it.

Both sides accuse each other of provocation and trespassing, though none of the clashes have escalated into armed conflict.

CCG vessel 3304 had been previously challenged by the Philippine coast guard for its "illegal presence" at the shoal, which China calls Huangyan Island while in the Philippines it is known as the Panatag Shoal.

(Reporting by Ryan Woo; Additional reporting by Karen Lema in Manila; Editing by Clarence Fernandez)

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China holds National Day ceremony in waters off atoll claimed by Philippines

China holds National Day ceremony in waters off atoll claimed by Philippines ReutersOctober 1, 2025 at 7:12 AM 0 FILE ...
New Photo - US government takes 5% stake in Lithium Americas and joint venture with GM

US government takes 5% stake in Lithium Americas and joint venture with GM By Ernest ScheyderOctober 1, 2025 at 7:21 AM 0 The GM logo is seen on the China Headquarters in Shanghai, China, August 29, 2022.

- - US government takes 5% stake in Lithium Americas and joint venture with GM

By Ernest ScheyderOctober 1, 2025 at 7:21 AM

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The GM logo is seen on the China Headquarters in Shanghai, China, August 29, 2022. REUTERS/Aly Song

By Ernest Scheyder

(Reuters) -Vancouver-based Lithium Americas said on Wednesday that the U.S. Department of Energy (DOE) has taken a 5% stake in the company, along with a separate 5% stake in its Thacker Pass lithium project joint venture with General Motors.

While the total deal value was not disclosed, Lithium Americas confirmed it has finalized an agreement with the DOE to initiate the first $435 million draw from a previously announced $2.26 billion loan to support development of the Thacker Pass site.

It will be the latest private sector investment by U.S. President Donald Trump's administration after recent stakes in Intel and MP Materials, seeking to boost industries seen as vital to U.S. national security.

Last week, Reuters reported that administration officials were in discussions with Lithium Americas about an equity stake as they renegotiated terms of a $2.26 billion government loan for the Nevada-based mine, which is slated to become the largest source of battery metal lithium in the Western Hemisphere.

Representatives for GM were not immediately available to comment.

GM, which invested $625 million in the mine last year for a 38% stake, has the right to buy all of the project's lithium from its first phase and a portion from the second phase for 20 years.

Administration officials had initially sought a guarantee that GM would buy the metal regardless of market conditions, a request the automaker pushed back on and which led to the equity stake request, Reuters previously reported.

The Thacker Pass project has long been touted by both Republicans and Democrats as a key way to boost U.S. critical minerals production and cut reliance on China, the world's largest lithium processor.

China plays a dominant role in the global lithium supply chain, producing more than 40,000 metric tons each year, making it the third-largest producer after Australia and Chile. China's influence is far greater in refining, where it processes over 75% of the world's lithium into battery-grade material.

The U.S. produces less than 5,000 metric tons of lithium at a Nevada facility owned by Albemarle. Thacker Pass's first phase is expected to produce 40,000 metric tons of battery-quality lithium carbonate per year, enough for up to 800,000 EVs.

(Reporting by Ernest Scheyder, additional reporting by Angela Christy in Bengaluru; Editing by Chris Reese, Veronica Brown, David Gregorio and Sherry Jacob-Phillips)

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US government takes 5% stake in Lithium Americas and joint venture with GM

US government takes 5% stake in Lithium Americas and joint venture with GM By Ernest ScheyderOctober 1, 2025 at 7:21 A...
New Photo - NBCU, YouTube TV Reach Short-Term Deal Extension to Avert Blackout

NBCU, YouTube TV Reach ShortTerm Deal Extension to Avert Blackout Todd SpanglerOctober 1, 2025 at 6:06 AM 0 Courtesy of NBC Google and NBCUniversal inked a shortterm extension on their existing carriage deal for YouTube TV, keeping the networks on the service for now as the sides work to hammer out ...

- - NBCU, YouTube TV Reach Short-Term Deal Extension to Avert Blackout

Todd SpanglerOctober 1, 2025 at 6:06 AM

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Courtesy of NBC

Google and NBCUniversal inked a short-term extension on their existing carriage deal for YouTube TV, keeping the networks on the service for now as the sides work to hammer out final terms. The announcement came just after their previous pact expired Sept. 30 at midnight ET.

"We've reached a short-term extension to avoid disruption to our service while we work toward a new agreement with NBCUniversal," a Google spokesperson said. "We appreciate our subscribers' patience while we negotiate on their behalf."

More from Variety

Univision Goes Dark on YouTube TV

'Happy's Place': Reba McEntire, JoAnna Garcia Swisher to Reunite in Season 2 of NBC Comedy

NBCUniversal Could Be Headed for YouTube TV Blackout

NBCU last week started warning YouTube TV subs they they might lose access to its networks. Google has claimed that the media company "is asking us to pay more than what they charge consumers for the same content on Peacock, which would mean less flexibility and higher prices for our subscribers." If NBCU programming content is "unavailable for an extended period of time," YouTube TV subscribers will be eligible to receive a $10 credit, Google said in a message on its customer-support site.

At risk of going dark YouTube TV as a result of the dispute have been NBC shows including "Saturday Night Live," "The Voice," "Law & Order," "Chicago Fire," "Today" and "The Tonight Show Starring Jimmy Fallon" as well as NFL and college football and more, plus cable channels like Bravo, MSNBC, CNBC and USA.

Earlier Tuesday evening, YouTube TV dropped Univision and other TelevisaUnivision networks after the sides were unable to come to terms on a contract renewal. The previous YouTube TV carriage agreement with TelevisaUnivision expired Sept. 30 as well. YouTube TV is offering affected subscribers a $6 credit or refund with the TelevisaUnivision blackout.

The affected NBCU channels include those that are set to be spun off into Versant, the new company that will house its cable TV properties (with the exception of Bravo). The channels are: NBC local stations; MSNBC; USA; Bravo; Golf Channel; CNBC; Oxygen True Crime; E!; Cozi; Syfy; American Crimes; NBC News Now; and Telemundo and Universo. Also affected are regional sports networks NBC Sports Philadelphia, NBC Sports Bay Area, NBC Sports Boston and NBC Sports California.

YouTube TV had an estimated 9.5 million customers as of the end of 2024, according to research firm MoffettNathanson — making it the biggest internet-delivered pay TV provider in the U.S.

Google has been embroiled in YouTube TV distribution deal disputes with other big programmers this year. After contentious deal talks, YouTube TV and Paramount Global (now Paramount Skydance) renewed their agreement to carry CBS stations nationwide and more than 20 other channels in February. And Fox Corp. and YouTube TV reached a renewal in August 2025 after a public back-and-forth.

And four years ago, Google and NBCU had tangled over YouTube TV: In 2021, NBCU's distribution deal for YouTube TV expired but the companies quickly worked out a long-term pact.

Justin Connolly, former head of distribution at Disney, joined YouTube as VP, global head of media this spring. Disney sued YouTube and Connolly, alleging breach of contract and seeking to block his employment at Google, but a California state court rejected Disney's request. According to Disney's lawsuit, the media company's contract for YouTube TV is up for renewal soon.

Pictured top: NBC's "Chicago Fire"

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NBCU, YouTube TV Reach Short-Term Deal Extension to Avert Blackout

NBCU, YouTube TV Reach ShortTerm Deal Extension to Avert Blackout Todd SpanglerOctober 1, 2025 at 6:06 AM 0 Courtesy o...
New Photo - Eric Dane Vows to 'Fight to the Last Breath' After ALS Diagnosis

Eric Dane Vows to 'Fight to the Last Breath' After ALS Diagnosis Madison E. GoldbergOctober 1, 2025 at 7:08 AM 0 Jeff Kravitz/FilmMagic Eric Dane Eric Dane traveled to Washington, D.C. to advocate for the reauthorization of ACT for ALS on Monday, Sept.

- - Eric Dane Vows to 'Fight to the Last Breath' After ALS Diagnosis

Madison E. GoldbergOctober 1, 2025 at 7:08 AM

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Jeff Kravitz/FilmMagic

Eric Dane -

Eric Dane traveled to Washington, D.C. to advocate for the reauthorization of ACT for ALS on Monday, Sept. 29

ACT for ALS was signed in 2021, and is set to expire in 2026

Dane said he was "going to fight to the last breath on this one" regarding his ALS diagnosis and the resources available for others living with the condition

Eric Dane is advocating for the reauthorization of ACT for ALS.

On Monday, Sept. 29, the actor, 52, traveled to Washington, D.C. with the nonprofit organization I AM ALS. Members of the organization - including staff members Andrea Goodman and Dustin Watson, board member Dan Tate and Legislative Affairs Team co-chair Jack Silva - joined Dane in a meeting with U.S. Rep. Frank Pallone of New Jersey, according to a post the organization shared on social media.

In a TikTok video shared by U.S. Rep. Eric Swalwell of California, Dane spoke about his ALS journey.

"ALS is the last thing they want to diagnose anybody with," Dane told the Democratic politician. "So often, it takes all this time for these people to be diagnosed, well, then it precludes them from being a part of these clinical trials."

He added, "That's why ACT for ALS is so so great, and it's because it broadens the access for everybody."

The actor, who shares daughters Billie Beatrice Dane, 15, and Georgia Geraldine, 13, with wife Rebecca Gayheart, went on to open up about his hopes for his family's future.

"I have two daughters at home. I want to see them, you know, graduate college, and get married and maybe have grandkids. You know, I want to be there for all that. So I'm going to fight to the last breath on this one," the actor said.

When Swalwell, 44, expressed his support for ALS advocacy, he asked Dane if there was anything else he could do. Dane humorously quipped, "Refill that espresso, maybe, I'm a little tired, man."

I AM ALS/Facebook

Eric Dane visits Washington, D.C. to advocate for ALS research

On Sept. 15, the Euphoria star took to Instagram to reveal a partnership with I AM ALS. In the video, he cosigned the group's new Push for Progress campaign, which aims to raise $1 billion for research over the next three years.

"I'm Eric, an actor, a father and now a person living with ALS," Dane said. The star remained seated during the brief clip, wearing a shirt that read "I AM ALS."

He continued, "For over a century, ALS has been incurable, and we're done accepting the status quo. We need the fastest path to a cure, and that's why I partnered with I Am ALS on the Push for Progress. Our goal: a billion dollars over the next three years."

"Together, we'll renew the landmark law Act for ALS, give promising treatments to thousands of patients like me, and finally, finally, push towards ending this disease," he continued, urging his followers to join the cause.

— sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories.

Act for ALS is a law that was signed in 2021 and is set to expire in 2026.

"This bill establishes grant programs to address neurodegenerative diseases, such as amyotrophic lateral sclerosis (also known as ALS or Lou Gehrig's disease)," a summary from Congress reads.

Dane exclusively revealed his ALS diagnosis to PEOPLE in April 2025.

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Eric Dane Vows to 'Fight to the Last Breath' After ALS Diagnosis

Eric Dane Vows to 'Fight to the Last Breath' After ALS Diagnosis Madison E. GoldbergOctober 1, 2025 at 7:08 AM...
New Photo - Blake Lively Jokes She's a 'Hoarder' While Stepping Out in a Pair of 16-Year-Old Chanel Shoes

Blake Lively Jokes She's a 'Hoarder' While Stepping Out in a Pair of 16YearOld Chanel Shoes Charna FlamOctober 1, 2025 at 7:11 AM 0 Blake Lively/instagram Blake Lively Sept.

- - Blake Lively Jokes She's a 'Hoarder' While Stepping Out in a Pair of 16-Year-Old Chanel Shoes

Charna FlamOctober 1, 2025 at 7:11 AM

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Blake Lively/instagram

Blake Lively Sept. 30, 2025 Instagram -

Blake Lively celebrated the launch of Betty Booze in ABC Fine Wine & Spirits with an Instagram post on Tuesday, Sept. 30

In the celebratory post she showed off her bright red ensemble — down to her patent leather red pumps

She revealed in the caption that she's owned the red heels for 16 years

Blake Lively's showing off a fiery pair of Chanel shoes straight from her closet's archives.

The Gossip Girl alum recently joked about her extensive shoe collection as she was celebrating the launch of the newest iced tea product line from her company Betty Booze and its introduction into a new retailer.

Lively, 38, shared a post to Instagram on Tuesday, Sept. 30, thanking her collaborators at ABC Fine Wine & Spirits for stocking the drinks in its retail stores, located primarily in Florida and California.

She also thanked the minds behind her vivid ensemble, from the shoes and her lacy two-piece set to the jewelry. "Big shout out to @eliesaabworld for making me feel so fancy 🍓 🙏🥰," she wrote.

"And always to the bold and kind @particulieres.nyc for having the best taste in vintage jewelry 🩵💍 (ring pictured) and @mariatash for the cute earrings 🩵🩵."

Along with showcasing the stylists and designers behind the look, she called out her Chanel shoes — and confessed she's had them for over a decade. "[Shout out] to me for being a hoarder and keeping these gorgeous Chanel shoes since 2009. :)"

The Simple Favor actress wore the Elie Saab broderie peplum top in red — which retails for $1,170. She paired it with the matching broderie-anglaise palazzo pants. Lively's vintage Chanel red patent leather strass buckle heels completed the look.

Blake Lively/instagram

Blake Lively Sept. 30, 2025 Instagram

Earlier this year, Lively's beverage company launched vodka iced teas in two flavors, Meyer Lemonade and Passion Fruit.

In the Tuesday, Sept. 30 Instagram, Lively honored all the team members who worked on the product, saying they've all "worked so hard and so personally on every single flavor and also every element of the design."

"Getting to share it with you and see you love them too, makes us feel so proud and grateful," she wrote. "Your support and enthusiasm means the world to us. It makes all the hard work pay off."

Blake Lively/instagram

Blake Lively Sept. 30, 2025 Instagram

Lively previously opened up to PEOPLE about the launch, explaining how her Southern upbringing motivated her to create the spiked teas.

"I come from a Southern family, so iced tea, especially in the summertime is a staple," the actress and entrepreneur told PEOPLE in June. "Sweet tea, passion fruit tea, tea with fresh lemonade … it all feels like relaxation and peaceful times. Enjoying an iced tea is a feeling as much as an experience to me."

— sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories.

Lively initially launched her Betty Buzz brand in 2021 with sparkling mixers, later expanding into tequila and bourbon canned cocktails under Betty Booze in 2023.

When Lively announced the launch in 2023, she said on Instagram, "Drinking isn't my thing. But for f--- sake, flavor is." Adding, "Homemade recipes. Real fruit. Real ingredients. Quality booze. No crap. Also a real-time saver. Which is why I really did it."

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Blake Lively Jokes She’s a ‘Hoarder’ While Stepping Out in a Pair of 16-Year-Old Chanel Shoes

Blake Lively Jokes She's a 'Hoarder' While Stepping Out in a Pair of 16YearOld Chanel Shoes Charna FlamOct...
New Photo - European leaders gather to discuss security and Ukraine war following drone incidents

European leaders gather to discuss security and Ukraine war following drone incidents LORNE COOKOctober 1, 2025 at 1:09 PM 0 A view of a drone flying prohibited sign at Halsskov, West Zealand, Denmark, Tuesday, Sept. 30, 2025.

- - European leaders gather to discuss security and Ukraine war following drone incidents

LORNE COOKOctober 1, 2025 at 1:09 PM

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A view of a drone flying prohibited sign at Halsskov, West Zealand, Denmark, Tuesday, Sept. 30, 2025. (Mads Claus Rasmussen/Ritzau Scanpix via AP)

COPENHAGEN, Denmark (AP) — European leaders are converging on Copenhagen on Wednesday for two summits focused on security, defense and the war in Ukraine, following a spate of troubling drone incidents at Danish airports and military bases over the last week.

Denmark's defense ministry said that a precision radar system has been set up at Copenhagen airport to help keep watch. Unidentified drones forced the closure of the airfield a week ago, causing major disruptions to air traffic.

France, Germany, the Netherlands, Sweden and the U.K. also sent aircraft, ships and air defense systems to Denmark ahead of the summits. Ukraine's armed forces have dispatched a mission to the Nordic country for joint exercises, sharing its expertise on combating Russian drones.

Danish Prime Minister Mette Frederiksen said Monday on social media that while authorities can't conclude who is behind the hybrid attacks, "we can find that there is primarily one country that poses a threat to Europe's security – and that's Russia."

Russia is the focus of Wednesday's European Union leaders meeting, where discussions are expected to center on how to prepare Europe to fend off Russian aggression by 2030, especially as the United States turns its focus on security concerns in Asia and elsewhere.

Ukrainian President Volodymyr Zelenskyy is due to address the EU leaders by videolink.

Leaders and intelligence services believe that Russia could mount an assault elsewhere in Europe in 3 to 5 years, and that President Vladimir Putin is intent on testing NATO as doubts swirl about U.S. President Donald Trump's commitment to the organization.

On Sept. 10, when several Russian drones breached Poland's airspace, NATO aircraft were scrambled to intercept and shoot down some of the devices. It was the first direct encounter between NATO and Moscow since Russia launched its war on Ukraine on Feb. 24, 2022.

The incident jolted leaders across Europe, raising questions about how prepared the alliance is against Russia. Days later, NATO jets escorted three Russian warplanes out of Estonia's airspace.

The EU talks on Ukraine will focus on continued military and financial support for the conflict-ravaged country, as funds, weapons and ammunition once provided by the United States dry up.

A new proposal to use frozen Russian assets to help Ukraine will be discussed.

U.K. Prime Minister Keir Starmer and other leaders from across Europe will join their EU partners for a dinner of the European Political Community (EPC) on Wednesday evening. Around 40 heads of state or government are due to take part.

The EPC leaders will gather on Thursday for talks also focused on security, as well as trafficking and migration. Critics say the forum — which draws together EU members, aspiring partners in the Balkans and Eastern Europe, as well as Britain and Turkey — is a political 'talking shop' that produces few tangible results.

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European leaders gather to discuss security and Ukraine war following drone incidents

European leaders gather to discuss security and Ukraine war following drone incidents LORNE COOKOctober 1, 2025 at 1:0...

 

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