Oct 01 What happens now that a government shutdown is underway By Kevin Freking, Associated Press A lot of government continues during a federal shutdown. Continue reading
Sep 30 Medicare, FEMA and air traffic control: How a government shutdown could impact public services By Associated Press Employee furloughs and potential layoffs would halt some government activities, but other functions — like NASA's space missions, Trump's immigration crackdown and certain public health work at FDA and the USDA — would continue. Continue reading
Sep 30 750,000 federal employees could be furloughed daily in shutdown, CBO estimates By Associated Press The Congressional Budget Office estimates that roughly 750,000 federal employees could be furloughed each day of a shutdown, with the total daily cost of their compensation at roughly $400 million, according to an analysis of federal agencies’ latest contingency plans… Continue reading
Sep 30 Here’s why experts think Trump took ‘a sledgehammer’ to the H-1B visa worker program By Hannah Grabenstein Business leaders support the visas as a way to bring talent to the U.S., while others say the program allows companies to hire foreign workers at lower wages than they would pay Americans. Continue reading
Sep 30 National Flood Insurance Program is set to expire with government shutdown, halting new policies and some home loans By Gabriela Aoun Angueira, Associated Press During a roughly 30-day freeze in June 2010, the National Association of Realtors estimated 1,400 home sales were canceled or delayed each day. Continue reading
Sep 30 U.S. job openings in August were essentially unchanged amid economic uncertainty By Paul Wiseman, Associated Press Job openings remain at healthy levels but have fallen steadily since peaking at a record 12.1 million in March 2022 as the U.S. economy roared back from COVID-19 lockdowns. Continue reading
Sep 30 U.S. consumer confidence declines again as Americans worry about inflation, job market By Matt Ott, Associated Press The drop is bigger than analysts were expecting and the lowest reading since April, when President Donald Trump rolled out his sweeping tariff policy. Continue reading
Sep 30 WATCH: Democrats reject GOP funding bill, setting up government shutdown By Mary Clare Jalonick, Lisa Mascaro, Stephen Groves, Associated Press Senate Democrats have voted down a Republican bill to keep funding the government, putting it on a near certain path to a shutdown after midnight Wednesday for the first time in almost seven years. Continue reading
Sep 29 Video game maker Electronic Arts to be acquired and taken private for $55 billion By Michael Liedtke, Associated Press It's the most expensive attempt to take a public company private. Under the terms of the deal announced Monday, the private equity firm Silver Lake Partners, PIF and Affinity Partners will pay EA's stockholders $210 per share. Continue reading
Sep 28 Watch 4:59 Why renters are increasingly outnumbering homeowners in the suburbs of major cities By John Yang, Andrew Corkery As the cost of homeownership soars across the country, renting has emerged as an increasingly popular alternative — not just in cities, but in suburbs, too. John Yang speaks with Doug Ressler, manager of business intelligence at Yardi Matrix, to… Continue watching