Economy News Biden Warns Government Shutdown Would ‘damage The Economy Significantly’ Amid ‘intense’ House And Senate Negotiations – Live

Record government shutdown leaves an estimated $11 billion in permanent economic damage

The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy ... Read More

Treasury Secretary Bessent warns shutdown could slash quarterly economic growth by half

Treasury Secretary Scott Bessent warns government shutdown could slash economic growth by half this quarter, calling impact worse each day the impasse continues. Read More

Economy faces permanent damage following longest shutdown in US history

The economy could take on "permanent damage" after the longest government shutdown in U.S. history, according to a top economist. Chief economist Gregory Daco estimated that some damage to the economy ... Read More

When is next vote on government shutdown? Will the Senate vote today? Time, live updates

The Senate will return today, Monday, Oct. 27, 2025, amid the second-longest government shutdown in history, although a Senate vote today to reopen the government is not likely as the outlook looks ... Read More

Brian Moynihan warns government shutdown risks slowing the economy—and urges policymakers to address fiscal concerns with a ‘clear head’

When the government shutdown began, the consensus was that it wouldn’t be too detrimental to the economy. Sure, certain datasets would be absent. And yes, there could be a mild downturn in consumer ... Read More