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The government shutdown could be over soon. But America's economy isn't done taking the hit

The shutdown will continue wreaking havoc on the economy, as over 700,000 government employees remain furloughed and federal agencies are shuttered

10.11.2025 2

Joseph Zeballos-Roig

There's a deal to end the government shutdown. Here’s what that means

The deal would reopen the government, but the shutdown will stretch for several more days as the agreement endures a perilous voyage out of Congress

10.11.2025 4

Joseph Zeballos-Roig

'Feels like the Gilded Age': Musk's $1 trillion pay package raises eyebrows in the U.S. Senate

Among many Democrats, Musk's payday stirred anger about a divide that risks cementing wealth and power at the top of American life

08.11.2025 10

Joseph Zeballos-Roig

The October jobs report may be gone forever

The Bureau of Labor Statistics can't collect or publish employment data as a record-long government shutdown drags well into a second month

07.11.2025 30

Joseph Zeballos-Roig

The economist counting down to America's debt doomsday

Kent Smetters, who runs the Penn Wharton Budget Model, has a forecast for when the economy's breaking point could arrive

07.11.2025 10

Joseph Zeballos-Roig

OpenAI walks back remarks about government support for its AI spending spree

Concerns linger about the potential for an AI bubble that could pop and wreak havoc on an economy already demonstrating signs of stalling out

06.11.2025 3

Joseph Zeballos-Roig

Jamie Dimon says don't worry about Trump's attacks on the Fed

The JPMorgan Chase CEO has previously spoken out in favor of an independent Fed following the president's blistering attacks

06.11.2025 20

Joseph Zeballos-Roig

Opponents of Trump's tariffs had a good day at the Supreme Court

Supreme Court justices raised sharp questions about Trump's ability to sideline Congress and impose tariffs at his discretion

06.11.2025 4

Joseph Zeballos-Roig

The government shutdown is now the longest in American history. What comes next?

The shutdown has stirred concerns that it could crimp economic growth or even push the U.S. into a recession if it drags on with little end in sight

05.11.2025 2

Joseph Zeballos-Roig

Utilities are spending big as the AI boom drives up power demand

Average electricity bills spiked 10% over the past year in more than a dozen states

05.11.2025 5

Joseph Zeballos-Roig

The government shutdown is about to make travel a nightmare, transportation chief says

Four of the largest U.S. airlines have urged the Senate to pass the GOP’s short-term funding bill so air traffic controllers can be paid again

04.11.2025 3

Joseph Zeballos-Roig

Goldman Sachs says this government shutdown could hit the economy harder than ever

Goldman said the dent to economic activity could far exceed past shutdowns, as it forecasted an end to the impasse later this month

03.11.2025 2

Joseph Zeballos-Roig

Federal judges order Trump administration to keep food stamp aid flowing during government shutdown

SNAP is set to exhaust its funding on Saturday, imperiling nutritional aid for over 40 million low-income Americans

31.10.2025 2

Joseph Zeballos-Roig

Airlines have had enough of the government shutdown

United, Delta, American, and Southwest Airlines are banding together to step up pressure on lawmakers to break an impasse that's lasted almost a month

31.10.2025 2

Joseph Zeballos-Roig

Trump’s trade war backup plan

The Supreme Court could strike down some of Trump's most sweeping tariffs. But that wouldn’t be the last word

30.10.2025 4

Joseph Zeballos-Roig

The Fed is planning to slash banking oversight

Steep cuts would hit the Fed's banking supervision division tasked with overseeing and regulating banks, which includes annual stress-tests

30.10.2025 5

Joseph Zeballos-Roig

The U.S. and China have an interim trade deal after a high-stakes meeting. Here's what it says

The deal contains a modest reduction in U.S. tariffs, a pause on Beijing's rare earth export controls, and more

30.10.2025 4

Joseph Zeballos-Roig

The U.S. and South Korea are closer to a final trade deal that reduces tariffs

Trump backed down from an earlier demand for South Korea’s $350 billion investment to be paid up front — in cash

29.10.2025 3

Joseph Zeballos-Roig

Bill Gates calls out 'doomsday outlook' on climate change

The Microsoft founder warned against an approach that concedes little can be done to prevent devastating effects of climate change

28.10.2025 4

Joseph Zeballos-Roig

The government shutdown probably won't trigger a recession — unless this threshold is crossed

The risks of a recession swell if the government shutdown stretches into the December holiday season

27.10.2025 2

Joseph Zeballos-Roig

Trump says he's bailing on Canada trade talks 'for a while'

Trump is digging in on a feud that could jeopardize diplomatic and trade relations with a top U.S. partner

27.10.2025 7

Joseph Zeballos-Roig

Trump suddenly pulls the plug on trade talks with Canada

The president revived the spat with Canada after a provincial government aired an ad featuring Ronald Reagan bashing sweeping tariffs

24.10.2025 8

Joseph Zeballos-Roig

There might not be an inflation report next month due to the government shutdown, White House says

Some Fed officials are lamenting the government-data void as they assess the impact of President Donald Trump's tariffs on the U.S. economy

24.10.2025 3

Joseph Zeballos-Roig

The fight over rare earths — from Washington to Beijing and beyond

Trump-world is borrowing a page from China command-and-control economy, in which the state has a stronger hand with direct shares in firms

24.10.2025 60

Joseph Zeballos-Roig

Trump says Jensen Huang and Mark Benioff helped convince him not to send troops to San Francisco

The comments showcase the sizable influence that tech executives enjoy with Trump, particularly those who have aligned close to him

23.10.2025 3

Joseph Zeballos-Roig

Trump pardons convicted Binance crypto exec Changpeng Zhao

The top crypto exchange has positioned itself as a key booster for the Trump family's lucrative crypto venture

23.10.2025 4

Joseph Zeballos-Roig

What worries Larry Summers

We talked to the former treasury secretary about inflation, recession risks, Trump's attacks on the Federal Reserve, and more

18.10.2025 20

Joseph Zeballos-Roig

Trump says the tariffs he's threatening against China aren't actually 'sustainable'

Trump's remarks underscore a de-escalatory path he's seeking to avoid intensifying a trade war that has unnerved investors and stirred uncertainty

17.10.2025 2

Joseph Zeballos-Roig

Larry Summers on inflation, recession risks, Trump vs. the Fed, and more

The former treasury secretary sees an economy staying sturdy despite Trump’s tariffs, his attacks on the Fede, and his interventions into businesses

17.10.2025 20

Joseph Zeballos-Roig

Tensions are brewing between Anthropic and the White House over AI regulation

The White House’s ”AI czar” just picked a fight with Anthropic, accusing the lab of “fear-mongering” its way to influence in the new regulatory order

17.10.2025 10

Joseph Zeballos-Roig

The Chamber of Commerce sues Trump to block $100,000 H-1B visa charge

The lawsuit is the first major legal challenge from a prominent business group against White House efforts to remake the economy

17.10.2025 3

Joseph Zeballos-Roig

The government shutdown could throw a wrench into the Fed's next meeting

A sharp jobs slowdown has provoked anxiety about a stalling economy. Tariffs are stirring renewed inflation. And the government shutdown clouds it all

16.10.2025 10

Joseph Zeballos-Roig

The Trump administration moves to shutter federal consumer finance watchdog

The CFPB hangs in the balance — as do thousands of federal jobs, after a judge on Wednesday temporarily blocked mass firings for two weeks

16.10.2025 3

Joseph Zeballos-Roig

China is gambling that tanking stocks will force Trump to cave. His team says it's digging in

The Trump administration moved quickly to shut down the possibility of caving if stocks tank during a trade war with little end in sight

15.10.2025 3

Joseph Zeballos-Roig

The AI boom looks a lot like the dot-com bubble, IMF warns

One estimate projects that AI capital expenditures will reach a staggering 2% of U.S. gross domestic product this year

14.10.2025 3

Joseph Zeballos-Roig

Americans are eating Trump's tariffs, Goldman Sachs says — and they're about to cost more

Goldman's projections undercut the Trump administration's repeated claim that foreign governments would pay the import taxes

13.10.2025 2

Joseph Zeballos-Roig

The government shutdown enters a new phase: mass layoffs

Workforce reduction notices went out to the Treasury Department, as other agencies were also hit. Past shutdowns have resulted in furloughs, not...

11.10.2025 3

Joseph Zeballos-Roig

September's inflation report will land just in time for the Fed meeting

BLS employees aren't collecting data for next month's inflation report, so more delays are possible even after federal funding is restored

10.10.2025 2

Joseph Zeballos-Roig

What to do without a jobs report

Economists are seeking alternatives while the government shutdown has the monthly jobs report on ice. We asked former BLS chiefs what they watch

10.10.2025 10

Joseph Zeballos-Roig

Was DOGE all for nothing? Here are the receipts

The U.S. government's 2025 fiscal year is done — turns out Elon Musk's Department of Government Efficiency didn't break a cycle of increased spending

10.10.2025 40

Joseph Zeballos-Roig

Here are the 2026 income tax brackets from the IRS

The new brackets offer an early look at what Americans can expect to pay in their 2026 tax returns after Republicans passed a big tax law

09.10.2025 3

Joseph Zeballos-Roig

Treasury's Scott Bessent signals support for lifting deposit insurance limits

The U.S. government only insures bank deposits up to $250,000, but there's long been bipartisan interest to revisit that cap

09.10.2025 3

Joseph Zeballos-Roig

The IRS shutters 'most operations' with no end in sight for government shutdown

Much of the agency is going dark until Congress restores federal funding, but it will still be collecting tax revenue

08.10.2025 3

Joseph Zeballos-Roig

The government shutdown might blow past a big deadline soon

More eyes are turning to Oct. 15, the next scheduled date for military service members and civilian contractors get their paychecks

07.10.2025 2

Joseph Zeballos-Roig

Apple yanked ICE-tracking apps from its App Store after Trump pressure

ICEBlock caught the attention of Attorney General Pam Bondi, who threatened to investigate the app developers

03.10.2025 9

Joseph Zeballos-Roig

Trump’s big bet in Argentina

Trump’s bailout of Argentina is a fresh demonstration of his willingness to pick winners and losers — not just in corporate America, but among...

03.10.2025 10

Joseph Zeballos-Roig

Elizabeth Warren demands Trump release September jobs report despite shutdown

The White House is not likely to budge on postponing the next jobs report until the government reopens

02.10.2025 3

Joseph Zeballos-Roig

The Trump family is rolling out a crypto debit card

World Liberty Financial will introduce a crypto debit card either at the end of this year or the start of 2026

02.10.2025 3

Joseph Zeballos-Roig

Here are the federal projects blocked by Trump since the shutdown started

The Trump administration began announcing it was canceling federal projects soon after the shutdown began on Wednesday

02.10.2025 3

Joseph Zeballos-Roig

The White House threatens 'imminent' mass firings of federal workers

The shutdown will upend much of the government's daily operations, disrupting national parks, museums, and food safety inspection, among others

01.10.2025 3

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The government shutdown could be over soon. But America's economy isn't done taking the hit

Joseph Zeballos-Roig

There's a deal to end the government shutdown. Here’s what that means

Joseph Zeballos-Roig

'Feels like the Gilded Age': Musk's $1 trillion pay package raises eyebrows in the U.S. Senate

Joseph Zeballos-Roig

The October jobs report may be gone forever

Joseph Zeballos-Roig

The economist counting down to America's debt doomsday

Joseph Zeballos-Roig

OpenAI walks back remarks about government support for its AI spending spree

Joseph Zeballos-Roig

Jamie Dimon says don't worry about Trump's attacks on the Fed

Joseph Zeballos-Roig

Opponents of Trump's tariffs had a good day at the Supreme Court

Joseph Zeballos-Roig

The government shutdown is now the longest in American history. What comes next?

Joseph Zeballos-Roig

Utilities are spending big as the AI boom drives up power demand

Joseph Zeballos-Roig

The government shutdown is about to make travel a nightmare, transportation chief says

Joseph Zeballos-Roig

Goldman Sachs says this government shutdown could hit the economy harder than ever

Joseph Zeballos-Roig

Federal judges order Trump administration to keep food stamp aid flowing during government shutdown

Joseph Zeballos-Roig

Airlines have had enough of the government shutdown

Joseph Zeballos-Roig

Trump’s trade war backup plan

Joseph Zeballos-Roig

The Fed is planning to slash banking oversight

Joseph Zeballos-Roig

The U.S. and China have an interim trade deal after a high-stakes meeting. Here's what it says

Joseph Zeballos-Roig

The U.S. and South Korea are closer to a final trade deal that reduces tariffs

Joseph Zeballos-Roig

Bill Gates calls out 'doomsday outlook' on climate change

Joseph Zeballos-Roig

The government shutdown probably won't trigger a recession — unless this threshold is crossed

Joseph Zeballos-Roig

Trump says he's bailing on Canada trade talks 'for a while'

Joseph Zeballos-Roig

Trump suddenly pulls the plug on trade talks with Canada

Joseph Zeballos-Roig

There might not be an inflation report next month due to the government shutdown, White House says

Joseph Zeballos-Roig

The fight over rare earths — from Washington to Beijing and beyond

Joseph Zeballos-Roig

Trump says Jensen Huang and Mark Benioff helped convince him not to send troops to San Francisco

Joseph Zeballos-Roig

Trump pardons convicted Binance crypto exec Changpeng Zhao

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What worries Larry Summers

Joseph Zeballos-Roig

Trump says the tariffs he's threatening against China aren't actually 'sustainable'

Joseph Zeballos-Roig

Larry Summers on inflation, recession risks, Trump vs. the Fed, and more

Joseph Zeballos-Roig

Tensions are brewing between Anthropic and the White House over AI regulation

Joseph Zeballos-Roig

The Chamber of Commerce sues Trump to block $100,000 H-1B visa charge

Joseph Zeballos-Roig

The government shutdown could throw a wrench into the Fed's next meeting

Joseph Zeballos-Roig

The Trump administration moves to shutter federal consumer finance watchdog

Joseph Zeballos-Roig

China is gambling that tanking stocks will force Trump to cave. His team says it's digging in

Joseph Zeballos-Roig

The AI boom looks a lot like the dot-com bubble, IMF warns

Joseph Zeballos-Roig

Americans are eating Trump's tariffs, Goldman Sachs says — and they're about to cost more

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The government shutdown enters a new phase: mass layoffs

Joseph Zeballos-Roig

September's inflation report will land just in time for the Fed meeting

Joseph Zeballos-Roig

What to do without a jobs report