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GOVERNMENT SHUTDOWN NEWS

White House asks US agencies to consider mass firings in case of government shutdown

September 25, 2025 9:10 pm

The Office of Budget and Management memo directs agencies to begin drafting "reduction in force" plans for programs whose funding will lapse if Congress does not meet the 30 September budget deadline.

US $1.1 tn spending bill averts shutdown

January 15, 2014 4:02 am

Lawmakers will still need a three-day stop-gap funding extension to ensure enough time for passage of the bill this week.

Global markets gain 3.8%,add $1.5 tn wealth post crisis

November 05, 2013 2:40 am

The year-to-date gains for developed markets are an impressive 20.19 per cent.

Fed to hold its fire this week,wants clearer economic view

October 28, 2013 1:57 am

Economic data released since a partial government shutdown ended has been surprisingly weak.

Dollar near 8-month low,fiscal wrangling takes toll

October 18, 2013 11:52 am

The dollar's fall in the wake of the U.S.

Obama cancels Asia trip over fiscal crisis,no deal in sight

October 05, 2013 12:57 am

President Barack Obama is cancelling a trip to Asia to stay in Washington and push for an elusive funding bill.

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