Economy News How Much Does The President Actually Affect The Economy

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

Here’s how much the federal shutdown could cost the economy — and why the estimate may be too low

The CBO estimates up to $14 billion in lost output from the monthlong shutdown. Economists warn the real toll could be higher. Read More

As the shutdown drags on, here’s how it can drag down the economy

History has shown that the economy typically rebounds from a shutdown within a couple of months. But each day it drags on brings a greater risk that the economy won’t just bend, it will start to break ... Read More

What the Trump tariffs Supreme Court case could mean for the economy

If the Supreme Court allows Trump’s steepest tariffs to stand, price increases may accelerate while economic uncertainty associated with the tariffs could put downward pressure on hiring, some ... Read More

Does a government shutdown impact the economy?

SIOUX FALLS, S.D. (KELO) – The federal government is hours away from a partial shutdown after a last-ditch effort to stop it fell short of just five votes. As the clock continues to tick, we wanted to ... 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

Shutdown starting to affect US economy: Bessent

Treasury Secretary Scott Bessent said Monday the government shutdown is starting to affect the U.S. economy. During an interview on Fox Business Network’s “Mornings with Maria,” Bessent said the media ... Read More

Trump has threatened a new 100% tariff on China. How could it affect Wisconsin's economy?

President Donald Trump has threatened a new round of tariffs on China starting in November, and Wisconsin consumers may feel the effects. On Oct. 9, Trump announced an additional 100% tariff on goods ... Read More

Fed's Kashkari: Economy may not be slowing as much as we think

(Reuters) -Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the ... Read More

There Are Two Economies: A.I. and Everything Else

Ms. Sarin, a contributing Opinion writer, is a professor at Yale Law School and the president of the Budget Lab at Yale. She served in the Treasury Department during the Biden administration. Since ... Read More