The company said it had closed its remaining 89 stores this week after struggling for years to stay in business and filing for bankruptcy protection twice.
Category: Shutdowns (Institutional)
-
The Jobs Report That Wasn’t Leaves Economists Guessing
Policymakers will enter uncharted territory without employment data that the government is expected to withhold because of its shutdown.
-
Trump Calls Shutdown an ‘Unprecedented Opportunity,’ and Eyes Deep Cuts
The president plans to meet with the White House budget chief to slash what he described as “Democratic agencies.”
-
Trump Calls Shutdown an ‘Unprecedented Opportunity,’ and Eyes Deep Cuts
The president plans to meet with the White House budget chief to slash what he described as “Democratic agencies.”
-
For Workers, Mixed Signals. For the Public, Limited Impact on Shutdown’s First Day.
Federal agencies gave shifting and mixed guidance to their work forces about who should come to work and who shouldn’t, but the initial effect on services appeared scattered and limited.
-
Trump Uses Shutdown to Maximize Pain for Democrats and Move Forward With Layoffs
The Trump administration forged ahead with plans to conduct mass layoffs, as the fiscal standoff appeared to intensify.
-
Markets Brace for the Costs of a Shutdown
An economic data blackout, potential delays to I.P.O.s, and a furlough tab of perhaps $400 million dollars a day could add volatility, investors fear.
-
Will the Government Shutdown Affect Flights? What to Know.
During the last government shutdown, which began in late 2018, many demoralized workers called out sick or did not show up to work.
-
Shutdown Puts a Divided Fed in a Perilous Position
Some policymakers at the central bank are in a rush to lower interest rates after the Federal Reserve’s first cut this year, while others are urging caution.
-
The Economic Stakes of a Government Shutdown
Investors have shaken off threats of damage from shutdowns before. But federal layoffs, pauses in economic data and more could make this time different.
-
What Travelers Need to Know About the Possible Government Shutdown
A federal work stoppage could bring longer lines at the airport, national park closures, and significant losses in tourism revenue.