Shutdown


Pressure Mounts for a Year-End Spending Deal

A bipartisan group of negotiators worked through the weekend in hopes of striking a year-end spending deal by Monday so Congress has enough time to pass the legislation before Dec.…

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Speaker Ryan: Government Shutdown Not Likely

U.S. House Speaker Paul Ryan on Thursday said he does not anticipate a government shutdown and that lawmakers are moving ahead on legislation to fund federal agencies. “I have no…

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In a Bind, Republicans Offer Vote On Homeland Security Bill

A partial agency shutdown looming, Senate Republicans offered on Tuesday to permit a vote on Homeland Security funding legislation stripped of immigration provisions backed by conservatives but strongly opposed by…

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Senate Passes Bill, Ends Shutdown Threat

The U.S. Senate on Saturday passed a $1.1 trillion spending bill that lifts the threat of a government shutdown as Congress attempts to wrap up a two-year legislative session marked…

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GOP Needs to Keep Its Eye on November

If you blinked last week, you might have missed seeing Congress pass and the president sign a bill increasing the federal debt ceiling. That was intentional. In recent years, debates…

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Fed: US Growth Stays Moderate During Shutdown

A Federal Reserve survey released Wednesday found that the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November. The…

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Contracts to Buy US Homes Fall for 5th Month

The number of Americans who signed contracts to buy homes fell in October for the fifth straight month. Higher mortgage rates, price increases and the 16-day partial government shutdown held…

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US Homebuilder Confidence Holds Steady in November

U.S. homebuilders’ confidence in the housing market held steady this month, but many are worried that another fight over the federal budget could cause would-be buyers to put off home…

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Consumer Confidence Falls After Government Shutdown

Consumer confidence fell this month to its lowest level in nearly two years, surprising analysts who had expected a rebound from the recent shutdown-induced downturn in Americans’ view of the…

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The Shutdown’s Surprise Effect on Jobs Numbers

The government shutdown may have affected October’s jobs numbers. But not how you think. For weeks, the White House had braced for a dour report on hiring, with economists and…

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Private Job Growth Down After US Shutdown, ADP Says

Business hiring slowed this month, with the private sector adding just 130,000 net new jobs as the partial government shutdown hit an already weakening labor market, payroll processor ADP said…

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Sluggish US Hiring Shows Effects of Budget Impasse

A dim view of the U.S. job market emerged Tuesday with a report that employers cut back on hiring in September just before a partial government shutdown began. Just 148,000…

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Delayed September US Jobs Report to Be Issued Tuesday

After a 2 ½ -week delay, the government on Tuesday will issue the September employment report, providing a snapshot of the job market’s health before the 16-day partial government shutdown.…

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ANALYSIS: Economic Hit From Impasse Could Endure

In the grand scheme of the $16 trillion U.S. economy, the nearly three-week government shutdown and standoff over the debt ceiling may not look like much. Analysts estimate the loss…

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