The Fort Worth Press

Gold hits record, Wall St futures drop as US shutdown begins

Gold hit a record high and Wall Street futures fell with the dollar Wednesday as the US government shut down after lawmakers failed to reach a funding deal, though most Asian and European markets edged up.

US govt shutdown begins after Congress fails to reach deal

The US government began shutting down Wednesday after lawmakers and President Donald Trump failed to break a budget impasse during acrimonious talks that hinged on Democratic demands for health care funding.

Taiwan says 'will not agree' to making 50% of its chips in US

Taiwan "will not agree" to making 50 percent of its semiconductors in the United States, the island's lead tariff negotiator said Wednesday, as Washington pressures Taipei to produce more chips on US soil.

Gold hits record, Wall St futures drop as US heads for shutdown

Gold hit a record high and Wall Street futures fell Wednesday as the US government went into shutdown after lawmakers in Washington failed to reach a deal to keep it funded, though most Asia markets held gains.

General strike in Greece over 13-hour workday plans

Greece will grind to a halt on Wednesday in a 24-hour general strike against plans by the conservative government to introduce a 13-hour workday.

Spanish court to start hearing media case against Meta

A Spanish court will open a trial on Wednesday over a 550-million-euro lawsuit brought by more than 80 Spanish media organisations against Facebook owner Meta for allegedly breaching European Union data protection rules.

Asian stocks mixed, Wall St futures drop as US heads for shutdown

Asian markets stuttered, US futures fell and gold hovered near record highs Wednesday after lawmakers in Washington failed to reach a deal to avert a government shutdown.

South Korea posts record semiconductor exports in September

South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite growing pressure from US tariffs and other restrictions on the crucial sector.

Saudi Electricity Company Appoints Eng. Khalid Bin Salem AlGhamdi as Chief Executive Officer

One Of Nebraska's Experienced Retirement Planners, Akil Davis, Co-Authors Retirement Planning Book to Help Retirees Save Taxes

OMAHA, NE, NY / ACCESS Newswire / October 1, 2025 / Affluent retirees face unprecedented challenges as they navigate a complex financial landscape, including market volatility, rising healthcare costs, inflation, and increased life expectancy. They are looking for solid advice and actionable strategies to protect their money and themselves throughout retirement.

Infotect Design Solutions Celebrates 25-Year Anniversary!

TAMPA, FL / ACCESS Newswire / October 1, 2025 / Infotect Design Solutions, a Managed Service Provider specializing in finding innovative technology solutions for small businesses, non-profits, and local government, is thrilled to celebrate 25 years of delivering unparalleled expertise to their clients.

Could "Proof" Stop the Next Trojan Horse? SMX Thinks So (NASDAQ: SMX)

NEW YORK, NY / ACCESS Newswire / October 1, 2025 / History's most famous breach was not a battle at all. It was a gift. The Trojan Horse slipped past the gates of Troy not because it was stronger than the walls, but because no one questioned its origin. A failure of provenance turned a symbol of victory into the instrument of defeat. That lesson has echoed for centuries, and today's security challenges are repeating the same flaw. Modern "horses" do not arrive carved from wood. They arrive as chips, routers, sensors, and SIM cards.

Gladstone Commercial Announces Acquisition of a 693,236 SF Industrial Portfolio

MCLEAN, VA / ACCESS Newswire / October 1, 2025 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") is pleased to announce the acquisition of an industrial portfolio totaling 693,236 square feet of manufacturing, distribution, and warehouse space across six locations in Michigan, Indiana, and Georgia. Concurrent with the $54.5 million acquisition, Gladstone Commercial leased back the facilities via a 20-year absolute net lease to TI Group Automotive Systems, L.L.C. and its affiliate ("TI Automotive"), a global tier 1 automotive supplier.

Gladstone Alternative Income Fund Announces Increase in Monthly Cash Distribution for October 2025

MCLEAN, VA / ACCESS Newswire / October 1, 2025 / Gladstone Alternative Income Fund ("Gladstone Alternative" or the "Fund") announced today that its board of trustees declared monthly cash distributions to shareholders for the month of October. The October distribution amount is $0.00194 per calendar day for each issued and outstanding Class A share, Class C share, and Class I share for the period beginning October 1, 2025 and ending October 31, 2025 (for shareholders who own shares all 31 days in October, the distribution will total $0.06014 per share). The distributions will be paid on October 31, 2025 for Dividend Reinvestment Plan ("DRIP") participants and November 3, 2025 for non-DRIP participants.

Global Polymer Ushers in New Era of OEM Engineering with Net-Shape UHMW-PE Molding Technology

MADISON, SD / ACCESS Newswire / October 1, 2025 / Global Polymer is redefining the limits of part manufacturing with its exclusive ability to net-shape mold Ultra-High Molecular Weight Polyethylene (UHMW-PE). Delivering high-performance UHMW-PE parts in fully custom, net-shape geometries, the company is changing the way engineers design for durability, complexity, and speed.

Matt's Home Services Honoured with 2025 Consumer Choice Award for Pressure Washing in Vancouver

VANCOUVER, BC / ACCESS Newswire / October 1, 2025 / Matt's Home Services, a trusted, community-focused provider specializing in property maintenance, has been named the 2025 Consumer Choice Award recipient in the Pressure Washing category for Vancouver. Known for blending European craftsmanship with Canadian values, the company delivers top-tier services to residential, commercial, and strata clients across the Metro Vancouver area, including Vancouver, North Vancouver, West Vancouver, Burnaby, and Richmond.

IRS Ramps Up Penalties for Late Payroll Taxes - Clear Start Tax Shares What Employers Must Do Now

Businesses face steeper fines in 2025 as the IRS cracks down on payroll tax compliance

SMX and Tradepro Advance "Material Efficiency" in Plastics Recycling

Integrating molecular traceability into recycled plastics to deliver transparent, auditable, and regulatory-ready reporting-to bridge the recycled content gap, lower costs for American companies, and empower new generations of consumers to choose sustainable products.

Six Star Travel Wins 2026 Consumer Choice Award for Travel Agencies in Guelph

GUELPH, ON / ACCESS Newswire / October 1, 2025 / Six Star Travel, a boutique agency specializing in travel planning, has been awarded the 2026 Consumer Choice Award in the Travel Agencies category for Guelph. Known for its expertise, personalized service, and commitment to excellence, Six Star Travel has built a reputation as a trusted partner for travellers seeking exceptional experiences.

OpenAI launches Sora 2 with TikTok-style app

OpenAI on Tuesday released Sora 2, its most advanced video generation model yet, alongside a TikTok-style social app that will let users insert themselves into AI-created scenes through a feature called "cameos."

Nike shares rally on progress in turnaround

Nike reported a surprise increase in quarterly sales Tuesday, pointing to progress on a turnaround as it forecast a bigger cost hit from US tariffs.

Stars align for Louis Vuitton, Stella McCartney at Paris Fashion Week

Louis Vuitton showcased a collection of flouncy skirts and sculptural ruffles in front of a star-packed audience while Stella McCartney had war and peace on her mind for her show on day two of Paris Fashion Week on Tuesday.

Dow ends at record as US stocks shrug off shutdown risk

The Dow finished at a fresh record Tuesday as markets largely shrugged off the likelihood of a partial US government shutdown due to a stalemate on budget talks.

Board of Spain's Sabadell bank rejects improved BBVA takeover bid

The board of Spanish bank Sabadell on Tuesday rejected larger national rival BBVA's improved hostile takeover bid as 10 days remain for shareholders to make a final decision.

US stocks slip as government shutdown looms

US stock markets edged lower and gold retreated from a record high on Tuesday as traders steeled themselves for a possible US government shutdown.

US stocks fall as government shutdown looms

US stock markets edged lower and gold retreated from a record high on Tuesday as traders steeled themselves for a possible US government shutdown.

Brigitte Bardot slams Saint-Tropez after decades in jet-set port

Saint-Tropez's most famous resident, French screen siren Brigitte Bardot, has slammed the Riviera resort as a billionaires' playground where "nothing remains of what made it charming".

Spotify founder Daniel Ek to give up CEO role

Spotify co-founder Daniel Ek will step down as CEO on January 1 and become executive chairman, handing the reins to two of his deputies in a leadership shake-up, the music streaming giant said Tuesday.

EU green lights Prada's bid for Versace

The EU on Tuesday cleared Italian fashion label Prada's 1.25-billion-euro ($1.5-billion) purchase of rival Versace after finding the acquisition raised no competition concerns.

Gold hits record, dollar drops as US shutdown looms

Gold prices hit another record high, the dollar dropped and stock markets traded mixed Tuesday as traders prepared for a possible US government shutdown that could disrupt the release of key economic data.

Taliban internet cut sparks Afghanistan telecoms blackout

Afghanistan faced a second day without internet and mobile phone service on Tuesday, after Taliban authorities cut the fibre optic network.

Gold hits record, stocks mixed as US shutdown looms

Gold hit another record Tuesday, while equity markets were mixed as traders prepared for a possible US government shutdown that could affect the release of key economic data, though hopes for more Federal Reserve interest rate cuts provided support.

The Fort Worth Press - Economy (English)

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