The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury ...
The federal government shutdown, which began on October 1, is now in its third week with no resolution in sight.
U.S. economic activity "changed little" since early September, according to the Federal Reserve's Beige Book released on ...
U.S. economic activity was little changed and employment was largely stable in recent weeks even as more businesses reported ...
Take, for example, the fact that after months of dismal jobs numbers and recession predictions, a recent White House press ...
"We're reaching this critical inflection point in terms of the government shutdown and its ramifications for the broader ...
Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy ...
Treasury Secretary Scott Bessent said Monday the government shutdown is starting to affect the U.S. economy. During an interview on Fox Business Network’s “Mornings with Maria,” Bessent said the ...
Air travel, taxpayer services and national parks are among the first government functions to feel the strain of a prolonged ...
Sometimes there are economic narratives that don’t quite deserve a debunking ... The first is the idea that artificial intelligence is driving a surge in US GDP growth. The second is that AI is ...
The direct effect on fourth-quarter real GDP growth of a two-week shutdown beginning Oct. 1 would be 0.3 percentage point, ...
A range of factors has driven gold prices to record highs this year — a surge some Wall Street analysts think is likely to ...
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