Why This US Government Shutdown Is More Dangerous Than Ever Before | Explained

The United States government has officially entered a shutdown for the first time in six years after the Democrats blocked a Republican stopgap funding package and the senate failed to pass a funding bill before the midnight deadline. This means government funding has effectively lapsed.

But why is this shutdown more consequential than those that have happened in the past?
WATCH: https://youtube.com/watch?v=xkvkcdzlqxo

Gold reached a new record high on 1 October 2025. Over the last 12 months, gold prices have rallied by over 52.21%.

Investors must avoid common mistakes, balance gold and silver allocations, and focus on long-term disciplined investment strategies.

Read more: https://www.livemint.com/market/commodities/gold-crosses-rs-1-20-lakh-mark-watch-out-for-these-5-investment-mistakes-11759318098051.html

🚨 The US government officially shut down on October 1 after Congress and President Trump failed to agree on a funding deal.

Unlike past closures, Trump is signaling potential permanent layoffs of federal workers, not just temporary furloughs.

Read more: https://tinyurl.com/mpjppzph

The central bank unwrapped a box of goodies to power credit and business on Wednesday, even as it delivered a better growth outlook and kept policy rates untouched.

https://www.livemint.com/economy/reserve-bank-of-india-mpc-rate-decision-inflation-gdp-growth-11759299722934.html

Tesla CEO Elon Musk became the first person ever to have a net worth of $500 billion, according to Forbes Real Time Billionaires.

https://www.livemint.com/companies/people/elon-musk-creates-history-tesla-boss-becomes-first-person-ever-to-hit-net-worth-500-billion-forbes-real-time-billionaire-11759369466270.html

#GandhiJayanti2025: On the occasion of the birth anniversary of Mahatma Gandhi, the father of our nation, it's time to reflect on his profound teachings that left an indelible mark on humanity.

Here are some inspiring quotes from Mahatma Gandhi’s speeches 👇
https://www.livemint.com/news/trends/gandhi-jayanti-2025-top-100-quotes-messages-speeches-of-mahatma-on-birth-anniversary-of-the-father-of-the-nation-11759366225107.html

Govt to launch a nationwide drive on Oct 4 to help citizens trace & reclaim unclaimed financial assets worth ₹80,000 crore. 💰

Watch 📹
https://www.youtube.com/watch?v=bDx94Q4fwog

During the RSS's Vijayadashami Utsav, Mohan Bhagwat emphasised the need for national unity and self-reliance while addressing contemporary challenges.

Top takeaways from Bhagwat’s Vijayadashami speech 👇
https://www.livemint.com/news/india/rss-at-100-top-10-takeaways-from-mohan-bhagwat-s-vijayadashami-2025-speech-dependence-must-not-turn-into-compulsion-11759378462844.html

Pushing its AI agenda, Google has laid off 100 of its employees in design-related roles.

https://www.livemint.com/companies/news/google-layoffs-tech-giant-fires-100-employees-amid-ai-push-heres-what-we-know-11759381872000.html

ChatGPT maker OpenAI has reached a valuation of $500 billion, racing past Elon Musk's SpaceX.

https://www.livemint.com/companies/news/sam-altmans-openai-beats-elon-musks-spacex-as-chatgpt-makers-valuation-reaches-500-billion-11759383107149.html

AB de Villiers commended India's performance in the Asia Cup 2025. However, he criticised the trophy controversy involving PCB chief Mohsin Naqvi.

https://www.livemint.com/sports/cricket-news/ab-de-villiers-bashes-india-for-clash-with-mohsin-naqvi-over-asia-cup-2025-trophy-no-politics-in-cricket-please-11759384696754.html

Bollywood stars Abhishek Bachchan and Aishwarya Rai Bachchan are urging a judge to safeguard their voices and likenesses in the age of artificial intelligence, with a major focus on Google's video platform, YouTube.

What is the matter?
https://www.livemint.com/news/india/abhishek-and-aishwarya-rai-bachchan-in-court-taking-on-google-over-ai-deepfakes-on-youtube-salman-khan-bollywood-videos-11759387154514.html

The TCS layoffs amid company restructuring will primarily affect employees whose skills have become redundant or those who have not upskilled themselves to keep up with shifting client demands.

https://www.livemint.com/companies/news/tcs-layoffs-it-giant-offering-two-years-severance-package-to-laid-off-employees-says-report-key-details-11759390562534.html

Gold prices jump over 50% this year so far; can MCX gold reach ₹1,25,000 per 10 grams by the end of 2025?

Find out 👇
https://www.livemint.com/market/commodities/gold-prices-jump-over-50-this-year-so-far-can-mcx-gold-rise-further-is-it-the-right-time-to-buy-gold-silver-rates/amp-11759395592411.html

What could fuel the Indian stock market’s next bull run? Here are four key drivers👇
https://www.livemint.com/market/stock-market-news/what-could-fuel-the-indian-stock-market-s-next-bull-run-here-are-four-key-drivers-11759397713621.html

13,635% rally in five years!

Small-cap multibagger stock to be in focus after this acquisition update👇
https://www.livemint.com/market/stock-market-news/13635-rally-in-5-years-small-cap-multibagger-stock-elitecon-international-in-focus-after-this-acquisition-update-11759391153363.html

A new Washington Post poll finds 47% of Americans blame Trump and Republicans for the government shutdown, while only 30% blame Democrats.

Why are Trump and Republicans being blamed more? 👇
https://www.livemint.com/news/us-news/us-government-shutdown-anger-grows-nearly-half-of-americans-blame-donald-trump-and-gop-republicans-poll-show-11759449795208.html

#MintMarkets | Indian stock market: 7 things that changed for market overnight 📈

https://www.livemint.com/market/stock-market-news/indian-stock-market-7-things-that-changed-for-market-overnight-gift-nifty-wall-street-s-record-close-to-tesla-shares-11759455437975.html

#MintMarkets | What to expect from Indian stock market in trade today 📈

https://www.livemint.com/market/stock-market-news/nifty-50-sensex-today-what-to-expect-from-indian-stock-market-in-trade-on-october-3-11759456119223.html

#MintMarkets | Here’s a quick look at stocks likely to be in focus in today's trade 📈

https://www.livemint.com/market/stock-market-news/stocks-to-watch-maruti-suzuki-tata-motors-ril-coal-india-among-shares-in-focus-today-11759455607423.html