2 mins read

Prediction markets expect government shutdown to last over two weeks

Rep. Russell Fry, R-S.C., discusses what it will take to end the government shutdown and Gavin Newsom’s lawsuit over President Donald Trump’s deployment of the National Guard on ‘Mornings with Maria.’ Traders in online prediction markets expect the federal government shutdown to last more than two weeks, signaling waning confidence in a near-term deal as […]

3 mins read

Trump’s labor secretary confirms timeline for September jobs report release

U.S. Labor Secretary Lori Chavez-DeRemer discusses the impact of the shutdown on jobs data, government layoffs and more during an interview on ‘Mornings with Maria.’ There is now a timeline for when Americans may see the September jobs report amid the government shutdown, according to the Trump administration.  “I hope that the Democrats understand as […]

4 mins read

Shutdown delays September jobs report as economists expected 50,000 jobs added

Federal Reserve Bank of Chicago President Austan Goolsbee discusses the impact a government shutdown would have on the agency, inflation and more on ‘The Claman Countdown.’ The ongoing partial government shutdown prevented the Labor Department from releasing the anticipated September jobs report as scheduled on Friday, causing economic data watchers to turn their attention to alternative […]

5 mins read

What’s the significance of Trump’s push to remove Lisa Cook from the Fed board?

Kenny Polcari, SlateStone Wealth chief market strategist, discusses whether the Fed can live with 3% inflation on ‘Varney & Co.’ President Donald Trump’s effort to remove a member of the Federal Reserve’s Board of Governors comes amid his push to reshape the composition of the central bank’s panel that makes interest rate decisions. Trump attempted to fire […]

5 mins read

Experts predict minimal market impact from new government shutdown

Goldman Sachs’ Meena Flynn says U.S. GDP will take a hit every week of the government shutdown, but S&P and others tracking for record highs on ‘The Claman Countdown.’ A partial government shutdown began on Wednesday with Republicans and Democrats at an impasse over spending levels, which has increased uncertainty over economic conditions and how financial […]