FY2027 Opens on a December 11 Clock as Markets and Medicare Reset for Fall

Federal agencies start the new budget year under a short-term funding bill, the S&P 500 ends September at 7,651.54, and Medicare shoppers get a $12 premium preview before open enrollment.

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October 1 puts Washington on borrowed time through December 11 while households face Chase’s $795 Sapphire renewals, QR-code porch scams, and a two-week sprint before Medicare choices lock in.

Politics — FY2027 begins with a continuing resolution that freezes spending at 2026 rates until December 11.
Stocks — S&P 500 closes September at 7,651.54 after bond yields erase a soft inflation open.
Health — CMS projects Medicare Advantage premiums at $12 a month for 2027 ahead of October 15 enrollment.
Credit cards — Chase posts $795 Sapphire Reserve fees on first October renewal statements.
Security — FTC warns brushing scammers hide phishing links in QR codes on surprise deliveries.
Travel — Chicago’s October 9-12 weekend stacks the marathon, parade, and concerts into one tight hotel market.

Exterior of the U.S. Capitol dome on a cloudy autumn morning with fallen leaves on wet granite steps, distant tourists as silhouettes, no flags or readable signage

Politics

FY2027 Budget Year Opens With Agencies Funded Through December 11 Only

Federal agencies start fiscal year 2027 today under a continuing resolution that freezes spending at 2026 rates through December 11, setting up a pre-holiday funding fight if Congress does not pass full-year bills.

Sarah Johnson Oct 1, 2026