Government Shutdown
Just because the U.S. government has avoided defaulting on its debt over the past couple of decades doesn't mean that it could never default. At the very least, some federal contractors might not get...
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If there is one type of job that is supposed to be considered “safe” and “essential” it would probably be a government job. What if government jobs in this instant recession...
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Americans' satisfaction with federal government services dipped a little in 2018 after posting a 10-year high in 2017.
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Furloughed federal workers, including those who are working but not being paid, will miss their second paycheck Friday. Missing pay is driving up job searches among furloughed workers and driving...
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Air traffic into La Guardia and Newark airports is experiencing long delays Friday morning as the ranks of air traffic controllers still working without pay appear to be getting smaller.
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Wait times for passengers have increased and are now over 20 minutes at some of America's largest airports.
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The government shutdown could be costing the U.S. economy some $4.3 billion a month in pretax dollars. The shutdown has a particularly harsh effect on families of the country's military forces.
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Without a last-minute agreement, the federal government will shut down at midnight Friday. Here's what that means in terms of government services.
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Fitch Ratings has warned that the U.S. AAA debt rating is in jeopardy if the debt ceiling is not raised before it reaches its upper limit, now expected sometime in early October.
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Source: CIA World FactbookThe stock market may have tanked on Wednesday, but geopolitical risk from Yemen was one of the excuses that was used for the rally in oil on this day. It may simply have...
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Source: ThinkstockIt looks like tax refunds could be delayed by a week or more due to the recent government shutdown. The Internal Revenue Service (IRS) now says it will not begin processing returns...
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Source: ThinkstockDespite Wednesday night’s deal to raise the debt ceiling and reopen the government, a downgrade in the credit rating of the United States may still be on the table, says a report...
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Source: ThinkstockSome people may be happy to see the federal government taking some time off, but the fallout is threatening to cripple many businesses and consumers alike. Now we have yet another...
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Source: ThinkstockOn signs that U.S. lawmakers could be making progress toward resolving their differences over the debt ceiling and the government shutdown, gold futures dropped to a new three-month...
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Source: courtesy of StarbucksFor a number of years, Starbucks Corp. (NASDAQ: SBUX) CEO Howard Schultz has displayed a sort of arrogance about what he, and sometimes his coffee company, can do to...
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