Government shutdown could cost U.S. economy up to $14 billion, CBO says CNBC Economics
Report: Government shutdown will cost the economy up to $14 billion The Washington Post Economics
The U.S. fiscal deficit is the mirror of the trade deficit. Attempts to close one without addressing the other merely shift the imbalance around the balance sheet. The post Breitbart Business Digest: The Hidden Cost of America’s Trade Deficit Is a Permanent Budget Deficit appeared first on Breitbart. Economics
Sen. Tommy Tuberville (R-AL) and Rep. Chip Roy (R-TX) are sounding the alarm after members of Islamic extremist groups were allegedly praying and bathing in the restrooms in the U.S. Capitol Building during the government shutdown. The post Report: Sen. Tuberville, Rep. Chip Roy Sound Alarm Over Islamic Extremists Bathing, Praying in Capitol During Shutdown appeared first on Breitbart. Events
U.S. inflation hits 3% in September, beating economist expectations and sending Wall Street to record highs as investors anticipate Federal Reserve rate cuts. Events
The Consumer Price Index rose 3 percent from a year earlier in a report delayed because of the government shutdown. Politics
The 2026 increase is slightly larger than this year’s 2.5 percent raise but still marks the second smallest adjustment since 2021, underscoring how far inflation has fallen from its pandemic-era highs. The annual COLA reached 8.7 percent in 2023, the highest in four decades, before slipping to 3.2 percent in 2024. The post Social Security Will Give Retirees a 2.8% Benefits Bump for 2026 appeared first on Breitbart. Politics
Republicans and Democrats remain deadlocked on federal funding as the House GOP criticizes Democratic healthcare proposals in the shutdown standoff. Politics
The government shutdown has delayed the monthly jobs report. And, the White House pressures colleges to sign a 'compact' aligning with Trump's agenda. Politics