The Latest Breaking News from Government Shutdown

Senate Minority Leader Chuck Schumer (D-N.Y.) on Wednesday blasted President Donald Trump over an impending lapse in food assistance, accusing the White House of "using Americans as hostages" by refusing to extend Supplemental Nutrition Assistance Program benefits on Nov. 1 while the government shutdown grinds on.

Powell suggested the Fed increasingly sees inflation as less of a threat as the central bank cut its key rate to a range of 3.75% to 4%.

The ground delay will remain in effect until 11 p.m. ET on Wednesday

Since beginning his second term as President of the United States this year, Donald Trump has made one misstep after another, causing distress among Americans. Currently, one of the main sources of unrest among U.S. citizens is the government shutdown and Trump’s tariffs, both of which have led to an…

As grocery prices keep climbing, millions of Americans are just days away from losing access to their SNAP benefits. The current federal government shutdown has...

The move comes as the ongoing government shutdown restricts the release of critical economic data.

Federal agency also estimates country’s GDP will reduce by one to two percentage points over shrinking demand

For the first time in modern history, the Fed cut rates without jobs data, acting amid a government shutdown, rising unemployment, and open pressure from the president, who wants Powell gone.

Central bank sets rates at range between 3.75% and 4% amid turbulence from government shutdown and Trump’s tariffs