Key global financial headlines from last night to this morning include:

1. Trump Backs Senate Deal to End Government Shutdown US President Donald Trump on Monday endorsed a pending Senate agreement to end the record-long federal government shutdown. "I would say yes," Trump stated in the Oval Office, "based on what I've heard." The deal cleared a critical procedural hurdle in the Senate on Sunday night. Any funding bill to reopen the government requires Trump's signature to take effect, with the shutdown now entering its 41st day.

2. US Airlines Cancel Over 1,600 Flights as Shutdown Fallout Worsens Four days into the government's flight restriction measures, travel chaos is expected to intensify with snowfall at Chicago's O'Hare—one of America's busiest hubs. Data from Cirium shows over 1,600 US flight cancellations (6.3% of scheduled flights) by noon ET Monday. O'Hare led with 13% cancellations, followed by New York's LaGuardia (11%) and Newark (9%).

3. Trump Warns Air Traffic Controllers: Return or Face Pay Cuts Amid widespread flight disruptions, Trump demanded unpaid air traffic controllers return to work during the shutdown, threatening salary deductions for absentees. "ALL air traffic controllers must return to work NOW!!! No-shows will face major 'pay deductions'," he posted on Truth Social. Controllers have worked without pay since the October 1 shutdown began.

4. Buffett Ramps Up Wealth Transfers to Children's Foundations to Support Successor Warren Buffett unveiled plans to accelerate donations of his $149 billion fortune to his children's foundations while maintaining shareholder confidence in incoming Berkshire Hathaway CEO Greg Abel. In a Thanksgiving letter, the 95-year-old emphasized urgency due to his age, aiming to "increase the likelihood they can dispose of virtually all my estate before successor trustees take over." Abel, 63, will assume Berkshire's CEO role in January as Buffett remains chairman.

5. Wells Fargo: Tesla's October Sales Drop Sharply Across Markets Wells Fargo research indicates Tesla's October deliveries likely fell 23% YoY based on preliminary US, EU, Korean, and Chinese data. Analyst Colin Langan noted "significant declines across all regions—not just the US—with clearly weak delivery numbers." The Q4 slump may reflect the Inflation Reduction Act's expired EV subsidies and intensifying overseas competition.

6. JPMorgan Private Bank Forecasts Gold Surpassing $5,000 by 2026 JPMorgan predicts gold's rally could push prices above $5,000/oz next year, driven primarily by emerging market central bank purchases. Global Head of Macro Strategy Alex Wolf projects $5,200-$5,300 by late 2026—a 25%+ gain from current levels. Central bank demand for diversification has fueled gold's 50% annual surge, with prices hitting a record $4,380+ in October before moderating.