The longest federal government shutdown in US history may be nearing its end, but economists say it has already left deep scars on an economy struggling with slow growth, inflation, and uncertainty.
The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in ...
US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.
Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have sharply slowed their hiring this year, ...