Economy News Goldman Sachs A Government Shutdown Would Be Manageable For The Economy That S Why It S Likely To Happen

Goldman’s No. 2 exec urges end to US shutdown: America ‘works better when government is open’

Goldman Sachs’ No. 2 executive is urging bickering lawmakers to end the government shutdown — warning that it poses increasing risks to the US economy. The Wall Street giant’s chief operating officer ... Read More

A government shutdown is looming: How does it impact the economy?

A federal government shutdown may begin at midnight barring action by Congress, potentially sparking concerns about the economic impact though past shutdowns had little impact. Read More

Why this government shutdown could be different for the economy

If the shutdown extends into a second month, then damage starts to accumulate pretty quickly," said Mark Zandi, chief economist at Moody’s, ... Read More

US government shutdown will inflict temporary pain to economy

WASHINGTON, Oct 24 (Reuters) - A prolonged shutdown of the U.S. government amid a standoff over funding between Republicans and Democrats in Congress could dent economic growth in the fourth quarter, ... Read More

The government shutdown’s impact is spreading through the economy

The shutdown is stifling our ability to grow,” said Grant Richardson, who founded a wine import company, Pangea Selections, in 2019. Read More

The government shutdown is reaching a tipping point that could send the economy into a downward spiral

Federal workers missing paychecks, risks to SNAP benefits and companies waiting on permits are creating dangerous economic conditions as the second-longest shutdown in history drags on. Read More

Will the federal government shutdown last long enough to hurt the U.S. economy?

A lengthy government shutdown would only complicate the employment picture and possibly further erode consumer confidence. Read More

Government shutdown halts data, stokes risk as economy wobbles, experts say

The government shutdown halted the release of key economic data, choking off the flow of information as some experts warn the economy may be slipping toward a recession, some economists told ABC News. Read More

Goldman Sachs’ Luke Barrs: We expect the dollar to depreciate in the medium-term

Luke Barrs, chief business and client officer for fundamental equities at Goldman Sachs Asset Management, joins CNBC’s ‘Squawk Box’ to discuss the state of global markets amid the U.S. government ... Read More

Shutdown costing US economy about $15B a week: Hassett

National Economic Council Director Kevin Hassett warned Monday that the government shutdown could cost the U.S. economy approximately $15 billion a week. In an interview on CNBC’s “Squawk Box,” ... Read More