Economy News A Us Government Shutdown Looks Likely, And It Ll Hit Stock And The Economy, Goldman Sachs Says

Government shutdown costing the economy billions of dollars each week

Estimates of the economic hit from the U.S. government shutdown put the losses at up to $16 billion every week the impasse continues. Read More

The government shutdown is now the longest - and likely the most damaging in US history

The ongoing government shutdown isn’t just the longest in American history. It’s likely the most damaging, too. Read More

Impact of US government shutdown far worse than expected, White House adviser says

The economic impact of the U.S. government shutdown is far worse than expected, but the U.S. economy is likely to rebound quickly once it ends, White House economic adviser Kevin Hassett said on ... Read More

Government Shutdown Has Already Cost US Economy $18 Billion This Year, CBO Says

The federal government shutdown has already cost the US economy at least $18 billion this year, a figure that “will intensify” in the weeks to come, according to the Congressional Budget Office. Read More

CBS News poll finds rising concern over government shutdown impact on economy, Americans personally

Americans are increasingly voicing concern about the shutdown's impact on the U.S. economy, as a big majority feel Congress isn't even working to try to end it. There's also increased worry from ... Read More

U.S. Economy Could Take $14 Billion Hit From Government Shutdown, CBO Says

The CBO, a nonpartisan federal agency that provides budget and economic information to Congress, estimates the majority of the lost money during the shutdown would come from the reduction in federal ... Read More

Americans are feeling worse about the economy as government shutdown drags on

The record-breaking government shutdown has left Americans feeling worse about the economic outlook. That’s according to the latest University of Michigan consumer sentiment survey, which showed the ... Read More

US Government Shutdown Will Inflict Temporary Pain to Economy

WASHINGTON (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, but much ... Read More

US government shutdown likely to end this week, White House adviser Hassett says

Kevin Hassett, director of the National Economic Council, is interviewed, after the Labor Department's Bureau of Labor Statistics released an employment report for August, outside the White House in ... Read More

Could the government shutdown tip the US into a recession? Experts weigh in

The U.S. economy remains largely unscathed but pressure could mount. The U.S. economy remains largely unscathed by the government shutdown, but the nation could risk economic peril if the impasse ... Read More

Top Trump adviser boldly predicts Democrats will agree to end government shutdown this week

WASHINGTON — The 20-day federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said Monday. “I think the Schumer shutdown is likely to end sometime this ... Read More