Michigan is on the verge of a government shutdown if legislators cannot finalize a budget within two weeks. Governor Gretchen Whitmer is expected to address the impasse, as well as strategies for dealing with Trump administration tariffs that could affect key industries across the state.

U.S. stocks continued their downward spiral on Friday, deepening an already dismal week. The failure of lawmakers to pass President-elect Donald Trump’s funding plan has raised the specter of a government shutdown right before Christmas, rattling investor confidence and sending markets into a tailspin.