U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession

U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession

White House and Wall Street estimates suggested the economy could withstand a brief shutdown, with risks mounting the longer it lasts.
Federal Reserve Officials See Rates Staying High

Federal Reserve Officials See Rates Staying High

Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.