Government And Institutions

Business groups including the U.S. Chamber of Commerce are warning that the ongoing government shutdown is harming small businesses and costing American economic growth.

President Donald Trump's administration is installing allies in the IRS criminal division to investigate left-leaning organizations they believe fund protests.

Treasury Secretary Scott Bessent warned the ongoing government shutdown could cost the U.S. economy up to $15 billion weekly as it enters its third week.

Trump budget chief Russell Vought predicted federal job cuts will surpass 10,000 during shutdown, but District Judge Susan Illston blocked layoffs at over 30 agencies temporarily.

Traders on Kalshi and Polymarket are betting the federal government shutdown will extend into next month, with 65% expecting it to last until Oct. 31.

The government shutdown does not extend the October 15 tax filing deadline for taxpayers who requested extensions earlier this year for their 2024 tax returns.

Trump administration blames Democrats for funding stalemate triggering federal layoffs, as National Economic Council director Kevin Hassett warns of permanent RIFs.

Moody's Analytics chief economist Mark Zandi warned that U.S. job creation is slowing as the government shutdown prevented the release of the BLS' September jobs report.

Social Security Commissioner Frank Bisignano is set to take on a second role in the Trump administration as he was named the CEO of the Internal Revenue Service.

The federal government shutdown that began Oct. 1 may cost American taxpayers billions in back pay and administrative expenses, based on past shutdowns.

Financial markets are expected to remain relatively unfazed by the government shutdown, with the S&P 500 historically posting positive returns during past shutdowns.

A federal government shutdown may begin at midnight barring action by Congress, potentially sparking concerns about the economic impact though past shutdowns had little impact.

Retail Ecommerce Ventures co-founders face SEC fraud charges for allegedly duping investors out of $112 million through bankrupt retail brand purchases.

Kenvue, parent company of Tylenol-maker McNeil Consumer Healthcare, saw its shares sink ahead of the official announcement by Robert F. Kennedy Jr.'s HHS linking the drug to autism.

Food safety officials warn consumers about Trader Joe's turkey wrap products that may be contaminated with listeria monocytogenes bacteria.

At least eight companies including Nasdaq, MSNBC and Carolina Panthers have fired employees for social media posts mocking Charlie Kirk's assassination.

Companies cracked down on workers who made inappropriate remarks following the assassination of conservative commentator Charlie Kirk by swiftly responding with terminations and other actions.

The Bureau of Labor Statistics' preliminary benchmark revision showed the U.S. economy added 911,000 fewer jobs than previously reported from April 2024 to March 2025.

Setting up a trust helps lottery winners protect their privacy and money while avoiding common mistakes like overspending and poor tax planning decisions.

Tyler Winklevoss is celebrating the cryptocurrency industry's revival under the Trump administration and wants to make sure, along with his brother Cameron, it doesn't get derailed.