Government shutdown begins
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The first government shutdown in nearly seven years began at midnight after lawmakers failed to reach a deal on extending funding.
Failure to resolve federal deadlock by midnight could stall IPO approvals, limit SEC activity, and delay jobs data, while Social Security and essential services continue.
With chances of a federal government shutdown on the rise this week, local staff with the U.S. Army Corps of Engineers are awaiting word on what may come next — with no indication of when or if such guidance might arrive,
Congressional leaders met with President Trump at the White House as Washington barrels toward a 2025 shutdown.
SINGAPORE (Reuters) -The dollar was on the defensive on Monday ahead of a slew of U.S. economic releases that could provide further clarity on the Federal Reserve's rate path, while the growing risk of a government shutdown there also came into sharp focus.
One factor threatening to push inflation higher, adding to consumer woes, is President Donald Trump’s tariffs, and he announced more late Thursday. They include taxes on imports of some pharmaceutical drugs, kitchen cabinets and bathroom vanities, upholstered furniture and heavy trucks starting on Oct. 1.
960 The Ref on MSNGovernment shutdown: What is affected?
When the government shut down in 2013 during former President Barack Obama’s administration, national parks were closed, but during the shutdown in President Donald Trump’s first administration, parks were accessible, but staff were furloughed, meaning restroom maintenance and trash collection were not performed, The New York Times reported.
Wall Street's three major indexes managed to close Tuesday's choppy session higher, marking quarterly and monthly gains, even as investors braced for a U.S. government shutdown, which would delay key economic reports and muddy the Federal Reserve's interest rate policy outlook.
New processing of H-1B visas could halt at midnight if the federal government suffers a shutdown after failing to pass a spending bill.
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Many in metro Atlanta are concerned about their access to the food banks they rely on if the government shuts down.