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US cancels October CPI and jobs reports due to a government shutdown, raising economic uncertainty ahead of the Federal Reserve's policy meeting.
Treasury Secretary Bessent warns that the U.S. government shutdown could impact the economy by an estimated $15 billion weekly.
General Motors will incur a $1.6 billion charge as it reassesses its electric vehicle strategy following the expiration of U.S. EV tax incentives.
The U.S. government shutdown delays employment data releases, creating uncertainty for the economy and policymakers.
H-1B visa holders abandon vacations to return to the US after Trump's announcement of new visa fees.
US job growth was revised down by 911,000 jobs, signaling a weaker labor market than previously reported, raising concerns about economic stability.
Trump's plan to impose 200% tariffs on imported drugs could lead to higher prices and shortages for consumers.
Trump's tariffs on India are impacting trade relations amid crucial peace talks with Putin over Ukraine.
US economic growth shows a rebound in Q2, but underlying weaknesses persist, driven by trade and consumer spending factors.
US economy shrank 0.5% in Q1 2025 due to tariff impacts, with sharp declines in consumer spending reported.
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