Government. The Big G. Sometimes we talk about the free market and the invisible hand as being independent from political influence. But since the birth of economics the two have been interwoven.
Congress is required to pass a budget annually, but has failed to do so on time in 94% of the past 33 years. Government shutdowns are rare, typically resolved quickly, and have a modest, temporary ...
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,” ...
WASHINGTON — Shutdowns of the federal government usually don’t leave much economic damage. But the one that started Wednesday looks riskier, not least because President Donald Trump is threatening to ...
How might the shutdown affect the U.S. economy? Shutdowns of the federal government usually don’t leave much economic damage. But the one that started Wednesday looks riskier, not least because ...
Washington — The fight over funding the government is likely to be a costly one. Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
The National Gallery of Art in Washington is closed during the U.S. government shutdown. (Brendan Smialowski/AFP via Getty Images) The U.S. economy could lose between $7 billion and $14 billion as a ...
The U.S. economy didn’t get any better during the longest government shutdown in history, but the good news is that it probably didn’t get much worse. That’s the prevailing view among Wall Street ...
Morgan Adamski will hand the role of executive director of U.S. Cyber Command to the NSA's Patrick Ware. “After 17 years of service at the National Security Agency, I’ve decided to turn the page to an ...