July 24, 2026

US government shutdown

Shutdown fallout: US scraps October inflation and jobs figures after data-gathering halt; gaps cloud Fed’s December decision

Shutdown fallout: US scraps October inflation and jobs figures after data-gathering halt; gaps cloud Fed’s December decision

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File photo (Picture credit: AP) The US government will not release official inflation or jobs figures for October after the record-long shutdown prevented statisticians from gathering essential data, leaving the Federal Reserve without two major indicators ahead of its December policy meeting.The Bureau of Labor Statistics (BLS) confirmed on Friday that the October consumer price…

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Data blackout: US scraps October CPI report after govt shutdown; Fed left without key data ahead of policy meet

Data blackout: US scraps October CPI report after govt shutdown; Fed left without key data ahead of policy meet

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The US government will not publish consumer inflation data for October after a 43-day federal shutdown disrupted data collection, intensifying uncertainty ahead of the Federal Reserve’s December policy meeting.The Bureau of Labor Statistics (BLS) said it “is unable to retroactively collect” consumer price data for October and will not release the report originally scheduled for…

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US economy strain: Treasury Secretary Scott Bessent says impact of shutdown getting ‘worse and worse’; warns of deepening fallout

US economy strain: Treasury Secretary Scott Bessent says impact of shutdown getting ‘worse and worse’; warns of deepening fallout

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US Treasury Secretary Scott Bessent has warned that the economic fallout from the prolonged government shutdown is intensifying, saying the situation is getting “worse and worse” as disruptions ripple through key sectors and strain public finances. U.S Senate Emergency: Chuck Schumer Makes Big Shutdown Offer To Republicans; ‘Waiting For Yes’ Air traffic across the United…

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US Shutdown: Trump demands ACA payments go straight to Americans; hits at 'fat cat' insurers and Obamacare

US Shutdown: Trump demands ACA payments go straight to Americans; hits at ‘fat cat’ insurers and Obamacare

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US President Donald Trump has escalated his attack on the Affordable Care Act (ACA), urging Republicans to divert federal healthcare payments directly to Americans instead of insurance companies, as the ongoing government shutdown marks its longest stretch in US history.In a new post on Sunday, Trump repeated his demand that Republicans stop sending what he…

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Shutdown strain: US economy reels under layoffs and lost pay; food banks, small firms struggle to cope

Shutdown strain: US economy reels under layoffs and lost pay; food banks, small firms struggle to cope

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Washington’s economy is facing deepening distress as the longest-ever US government shutdown, mass layoffs of federal workers, and cuts to food assistance converge to hit households and small businesses across the capital region, AP reported.The Capital Area Food Bank, which supports more than 400 pantries and aid organisations across the District of Columbia, northern Virginia,…

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