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Government shutdowns usually have little economic impact. This time could be different

For all the political firestorms they generate, government shutdowns have been nonevents for both markets and the economy.

Industry

Labor Dept. won't release Friday's key jobs report, other data if government shuts down

The department is preparing for what would amount to a news and data blackout should the government suspend operations.

Industry

Another city is slapping visitors with a tourist tax

The add-on hotel and accommodation fee goes into effect in April 2026.

Industry

The UK's finance minister keeps public guessing over tax hikes

Reeves remains tight-lipped about the forthcoming Autumn Budget, at which economists expect her to announce tax hikes.

Industry

The resilient stock market may be keeping the economy out of a recession

Consumers with larger stock holdings are feeling fine, while those with smaller or no holdings are not.

Industry

The resilient stock market may be keeping the economy out of a recession. Why that's a bad thing

Consumers with larger stock holdings are feeling fine, while those with smaller or no holdings are not.

Industry
Slowdown Signals: Are Leading Indicators Flashing Red?

Slowdown Signals: Are Leading Indicators Flashing Red?

Lately, theres been a growing sense of confidence among investors that the U.S. economy has dodged t

Industry

Core inflation rate held at 2.9% in August, as expected, Feds gauge shows

The personal consumption expenditures price index for August was expected to increase 2.9% from a year ago.

Industry

Core inflation rate held at 2.9% in August, as expected, Feds gauge shows

The personal consumption expenditures price index for August was expected to increase 2.9% from a year ago.

Industry

Core inflation rate held at 2.9% in August, as expected, Feds gauge shows

The personal consumption expenditures price index for August was expected to increase 2.9% from a year ago.

Industry
Real-World Impact Of Trump's New Drug Tariffs To Remain Negligible, UBS Tells Clients

Real-World Impact Of Trump's New Drug Tariffs To Remain Negligible, UBS Tells Clients

Update:President Trump fired off a Truth Social post Thursday evening outlining imminent plans for 1

Industry
Trump Announces New Round Of Tariffs On Drugs, Heavy Trucks And Furniture

Trump Announces New Round Of Tariffs On Drugs, Heavy Trucks And Furniture

In a day already overflowing with news, late on Thursday President Trump announced a fresh round of

Industry

Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

Initial claims for unemployment insurance were expected to total 235,000 for the week ending Sept. 20.

Industry

Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

Initial claims for unemployment insurance were expected to total 235,000 for the week ending Sept. 20.

Industry
Durable Goods Orders Rebound Bigly In August

Durable Goods Orders Rebound Bigly In August

Amid all kinds of front-running and subsequent hangover swings in durable goods orders surrounding t

Industry

U.S. expands tariff dragnet to masks, syringes and robotics in sweeping import probe

The Trump administration has launched investigations into imports of robotics, industrial machinery and medical devices, paving the way for fresh tariffs.

Industry

U.S. expands tariff dragnet to masks, syringes, pacemakers and robotics in sweeping import probe

The Trump administration has launched investigations into imports of robotics, industrial machinery and medical devices, paving the way for fresh tariffs.

Industry

U.S. Latino immigrants generate $1.6 trillion in GDP, report says

Mass deportations of undocumented workers could cause GDP to decline by $2.3 trillion, or 7.7%, in 2025 dollars, according to the report.

Industry

U.S. Latino immigrants generate $1.6 trillion in GDP, report says

Mass deportations of undocumented workers could cause GDP to decline by $2.3 trillion, or 7.7%, in 2025 dollars, according to the report.

Industry

H-1B visa: US tech sector scrambles in the face of $100,000 fees

Startups and smaller firms could bear the brunt of Trumps new H-1B visa fee, and some fear it could thwart US innovation.

Industry
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