US "headed to a shutdown"

Plus, Hamas' absence raises doubts about Gaza plan's viability.

Get full access to Reuters.com for just $1/week. Subscribe now. Daily Briefing Daily Briefing By Kate Turton Hello. In the US, a government shutdown nears and Trump will preside over an unusual military gathering. Meanwhile, Netanyahu agrees to a Gaza deal but Hamas support is in question. Plus, visa curbs push US firms to consider shifting more work to India. Today's Top News   Trump met with top congressional leaders from both parties, Washington, D.C., September 29, 2025. REUTERS/Nathan Howard United States President Donald Trump and his Democratic opponents appeared to make little progress at a White House meeting aimed at heading off a government shutdown that could disrupt a wide range of services as soon as Wednesday. Here's where each side stands.  Bo  Erickson tells the Reuters World News podcast why not many people in Washington are feeling positive that a government shutdown can be averted. Meanwhile, the US government faces a brain drain as 154,000 federal workers exit this week. Trump will preside over an extraordinary gathering of America's top generals and admirals from around the world, who were summoned to a Marine base in Virginia without explanation last week. This as Illinois governor reveals the Trump administration wants US troops sent to the state. Nevada's top federal prosecutor has asked the FBI to investigate debunked Republican claims about voter fraud in the 2020 election, a probe she hopes will influence congressional races and ensnare Democrats, according to a government document seen by Reuters. In other news Trump secured Israeli Prime Minister Benjamin Netanyahu's backing for a US-sponsored peace proposal to end a nearly two-year-old war in Gaza, but questions loomed over whether Hamas would accept the plan. British Prime Minister Keir Starmer will call on his Labour Party to unite, saying it was engaged in a "fight for the soul of our country" that would be long, difficult and not always comfortable. Indonesian rescuers are racing to find 38 people feared trapped beneath the rubble of an Islamic boarding school that collapsed in East Java during afternoon prayers, killing three, according to disaster officials. Madagascar President Andry Rajoelina said he was dissolving the government following youth-led protests over water and power cuts in which the United Nations says at least 22 people have been killed and more than 100 injured. Business & Markets   Wall Street is set to close one of its calmest quarters in nearly six years, and the lull after a volatile start to 2025 has many market participants increasingly alert for renewed market gyrations. Gold prices hit a fresh high and were poised to log their best month in nearly 16 years, as fears of a potential US government shutdown and growing expectations of further Federal Reserve rate cuts boosted demand for the metal. For more, watch our daily market rundown. Four NATO and European Union countries bordering Russia plan to build concrete bunkers and anti-drone nets at vital energy facilities under a plan to protect their power grids following Russian drone incursions. Two auto sector bankruptcies have rattled parts of the US credit market, raising concerns about a deterioration in the financial health of low-income households and migrant communities. Alphabet-owned YouTube has agreed to pay $24.5 million to settle a lawsuit that Trump brought against the company over the suspension of his account following the January 2021 US Capitol riots, a court filing showed. Trump said he was slapping 10% tariffs on imported timber and lumber and 25% duties on kitchen cabinets, bathroom vanities and upholstered furniture, continuing his tariff assault on global trading partners. The White House is negotiating with trading partners while US-China commerce seizes up. In this episode of The Big View podcast, Professor Simon Evenett of IMD Business School explains how the tense discussions might play out, and where they will leave the global trade system. Trump visa curbs push US firms to consider shifting more work to India   Trump followers have posted violent comments about New York Justice Arthur Engoron on Trump-aligned websites — REUTERS/Shannon Stapleton/Pool Donald Trump's H-1B visa crackdown will hasten US firms' shift of critical work to India, turbocharging the growth of global capability centres that handle operations from finance to research and development, economists and industry insiders say. The world's fifth-largest economy is home to 1,700 GCCs, or more than half the global tally. If Trump's visa curbs go unchallenged, industry experts expect US firms to shift high-end work tied to AI, product development, cybersecurity, and analytics to their India GCCs, choosing to keep strategic functions in-house over outsourcing. Read more And Finally... Labubu toys on display at Pop Mart's booth at China International Fair for Trade in Services, Beijing, China, September 10, 2025. REUTERS/Maxim Shemetov  China's Pop Mart is borrowing from Disney's playbook to turn toothy monster Labubu's blockbuster sales into long-term success, Executive Director and co-COO Si De told Reuters in a rare interview. Read more Sponsors are not involved in the creation of newsletters or other Reuters news content. Advertise in this newsletter or on Reuters' website Reuters Daily Briefing is sent 5 days a week. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here. Want to stop receiving this email? Unsubscribe here. To manage which newsletters you're signed up for, click here. This email includes limited tracking for Reuters to understand whether you've engaged with its contents. For more information on how we process your personal information and your rights, please see our Privacy Statement. Terms & Conditions © 2025 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036