During the last government shutdown, which began in late 2018, many demoralized workers called out sick or did not show up to work.
Category: United States Politics and Government
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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.
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White House Pulls Pick to Lead Labor Data Agency
E.J. Antoni, a conservative economist, had faced bipartisan criticism as President Trump’s nominee to lead the Bureau of Labor Statistics.
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Trump Announces Pfizer Deal to Lower Some Drug Prices and Unveils TrumpRx Website
The administration said the drug company would sell many of its products to the government insurance program for lower-income Americans at prices that align with those in Europe.
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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.
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Government Shutdown Could Delay Economic Data at a Critical Moment
“Flying blind amidst heavy fog is a dangerous proposition,” one economist said about the risks of a lapse in official statistics.
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Government Shutdown Could Delay Economic Data at a Critical Moment
“Flying blind amidst heavy fog is a dangerous proposition,” one economist said about the risks of a lapse in official statistics.
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Trump Officials Flesh Out Tariffs on Kitchen Cabinets, Furniture and Timber
The White House set a relatively low tariff on imports of timber and lumber, and a significantly higher tariff on furniture and kitchen cabinets.
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A Reborn Concert Hall Provides a Lift for St. Louis at an Uneasy Time
Powell Hall, home of the St. Louis Symphony Orchestra, has been renovated and expanded, reopening in what the city’s mayor called a “very, very rough year.”
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Electric Vehicles Face a ‘Pretty Dreadful Year’ in the U.S.
The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover.
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Trump’s Tariffs Threaten to Break Some Small Businesses
Import duties are posing a challenge to some smaller companies, which fear that raising prices to cover higher costs will drive away customers.