With no endgame in sight, the government shutdown is expected to roll on for the unforeseeable future, injecting more ...
The ongoing government shutdown has delayed the official third-quarter GDP report release, although real-time estimates from ...
The report says lost goods and services from furloughed workers’ downtime won’t be regained once the government reopens.
Even while warning about national security and human rights abuse, the U.S. government across five Republican and Democratic ...
The nonpartisan Congressional Budget Office says the longer the government stays closed, the more costly the pause will be.
The federal government shutdown has already cost the US economy at least $18 billion this year, a figure that “will intensify ...
Wednesday’s decision brings the Fed’s key rate down to about 3.9%, from about 4.1%. The central bank had cranked its rate to ...
The U.S. economy will lose between $7 billion and $14 billion due to the federal government shutdown, according to a new ...
Treasury Secretary Scott Bessent said the federal government shutdown, now in its 26th day with no end in sight, is starting ...
History has shown that the economy typically rebounds from a shutdown within a couple of months. But each day it drags on brings a greater risk that the economy won’t just bend, it will start to break ...
Brian Moynihan, CEO of Bank of America, is one of the voices now warning that if the government shutdown drags on too much ...