Government shutdown looms, EA buyout, tariffs hit movies

US stocks open the week higher as investors brace for a potential government shutdown if Congress fails to pass a short-term funding bill by tomorrow night. A shutdown could delay key economic reports, including Friday’s jobs data, and the Trump administration has threatened permanent layoffs for federal workers. Electronic Arts (EA) agreed to go private in a $55B leveraged buyout, the largest LBO ever, sending shares higher. President Trump announced sweeping tariffs set to take effect this week, including 100% duties on foreign-made movies alongside earlier measures on pharmaceuticals, furniture, and trucks. CSX (CSX) CEO Joe Hinrichs abruptly resigned amid activist pressure, with Steve Angel named as successor. Pot stocks, including Tilray (⁠TLRY⁠) and Canopy Growth (⁠CGC⁠), rallied after Trump touted hemp-derived CBD for seniors. Takeaways: Government shutdown risk rises; federal worker layoffs possible EA agrees to $55B buyout, marking the largest LBO in history Trump tariffs expand to include 100% duties on foreign films CSX CEO exits under activist pressure; pot stocks jump on CBD push Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Please email us at [e-mail]. Learn more about your ad choices. Visit megaphone.fm/adchoices