Rep. Russell Fry, R-S.C., discusses what it is going to take to finish the federal government shutdown and Gavin Newsom’s lawsuit over President Donald Trump’s deployment of the Nationwide Guard on ‘Mornings with Maria.’
Merchants in on-line prediction markets count on the federal authorities shutdown to final greater than two weeks, signaling waning confidence in a near-term deal as negotiations in Washington stay at a standstill.
Merchants on the prediction market platform Kalshi give a 64% probability that the federal government shutdown will final simply over 21 days. The buying and selling quantity, or the entire greenback quantity wagered on this market, sits simply north of $2.5 million.
In the meantime, 72% of merchants on Polymarket count on the shutdown to final not less than two weeks, with about $1.5 million wagered in the marketplace.
TRUMP SAYS GOVERNMENT SHUTDOWN LAYOFFS ARE ‘UP TO’ DEMS AS STANDOFF CONTINUES
On-line prediction market Kalshi tracks how lengthy merchants count on the federal government shutdown will final. (Kalshi / Fox Information)
Round 23% of market contributors see the shutdown ending between Oct. 10 and Oct. 14, in accordance with Polymarket’s buying and selling information.
The federal authorities shut down at 12:01 a.m. ET on Wednesday, forcing businesses to ship dwelling staff in roles not thought-about important.
TRUMP SAYS GOVERNMENT SHUTDOWN LAYOFFS ARE ‘UP TO’ DEMS AS STANDOFF CONTINUES
On-line prediction market Polymarket on authorities shutdown size. (Polymarket)
These furloughs are short-term; as soon as Congress resolves the standoff, workers usually return to work and obtain again pay. Consequently, previous authorities shutdowns have been extra political theater than financial shock, with markets and jobs rebounding shortly.
This time, although, the Trump administration has warned that some furloughed staff might not return, turning a routine disruption into a possible blow to an already fragile labor market.
U.S. President Donald Trump talks to the media earlier than heading to Marine One on the South Garden of the White Home on Oct. 05, 2025, in Washington. (Tasos Katopodis/Getty Photographs / Getty Photographs)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
On Sunday, President Donald Trump positioned the blame squarely on Democrats for the federal government shutdown.
Trump informed reporters earlier than boarding Marine One which the looming layoffs are “as much as them,” referring to Democrats who voted in opposition to a invoice to fund the federal government and avert the shutdown.
