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How Government Shutdowns Affect the Economy
The federal government shutdown began at 12:01 a.m. Wednesday after Democrats and Republicans failed to reach a deal on a short-term spending plan. Shutdowns can squeeze the economy in different ways, ...
The US government has reopened following its longest-ever shutdown, setting the stage for the eventual release of the gold-standard federal data that is crucial in analyzing the health and trajectory ...
A partial shutdown of the federal government may begin at midnight barring action by Congress on a spending bill to fund operations which could spark concern over the economic impact, although it's ...
WASHINGTON — Shutdowns of the federal government usually don’t leave much economic damage. But the one that started Wednesday looks riskier, not least because President Donald Trump is threatening to ...
Despite the Federal Government shutdown on Wednesday, the financial markets hit new all-time highs this week. The S&P 500, DJIA, and Russell 2000 all closed at new record highs on Friday (October 3 rd ...
Significant ramifications are in store for federal workers, the Federal Reserve, and the economy if the government shuts down, as it looks increasingly likely to do. The severity of the effects of a ...
The economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is resolved quickly, the costs will be small, but if it drags on, it could send the ...
Small British businesses are reluctant to invest due to a lack of confidence in the economy and fears of further tax hikes, leaving billions of pounds of untapped spending potential, Barclays has said ...
WASHINGTON (AP) — The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Congress is required to pass a budget annually, but has failed to do so on time in 94% of the past 33 years. Government shutdowns are rare, typically resolved quickly, and have a modest, temporary ...
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