inflation, government shutdown
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Federal workers miss 1st full paycheck amid shutdown
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The government shutdown is now on Day 25 with no resolution in sight, as both sides remain entrenched in their positions over th
Inflation rose in September. The Bureau of Labor Statistics released CPI data during the government shutdown, which has affected some operations.
Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and strained budgets. Those direct effects will grow dramatically on Nov. 1, when millions of low-income Americans are set to lose access to critical food assistance.
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
The Social Security Administration will continue distributing disability and SSI payments, but some services are unavailable during the government shutdown.
Better reports a government shutdown may lower mortgage rates but introduces processing delays, especially for FHA and VA loans.
Our correspondents and reporters explain the latest on the shutdown, as federal workers miss paycheques and some government services are suspended.
2don MSN
A tiny light in an economic data blackout is about to shine through the shutdown for a brief moment
Nearly two dozen days have passed since a federal agency has published an economic report. The US government’s shutdown has resulted in a blackout of critical data, further clouding an already opaque economic outlook.