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The Latest Breaking News from Government Shutdown

Here's why the US shutdown may prove more painful than past crises

Government shutdowns aren't uncommon in the US, but this one could be more damaging that prior crises. President Trump is threatening permanent job cuts at a time when the labour market is already weak.

Euronews

BLS Data Halts, But Chicago Fed Sees Steady 4.34% Unemployment: Private Sources Flag 'Low Fire, Low Hire' Holiday Risk

As the U.S. government shutdown suspends Bureau of Labor Statistics (BLS) data releases, including the critical September jobs report scheduled for Friday, the Chicago Fed has stepped in with a final real-time forecast, predicting a steady unemployment rate of 4.34% for September 2025, based on 11 job market indicators.

Benzinga

Tech Fans Tokyo Rally On Broadly Positive Day For Asian Markets

A surge in tech firms helped Tokyo's Nikkei lead most Asian equities higher on Friday as investors headed into the weekend on a broadly positive note, with US rate-cut hopes out-muscling concerns about a government shutdown.

International Business Times

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Elizabeth Warren Demands Trump Release September Jobs Report, Accuses President Of Keeping Public In The Dark On Economy: 'The Fed Is Flying Blind'

Sen. Elizabeth Warren (D-Mass.) accused President Donald Trump of deliberately withholding the September jobs report by using the U.S. government shutdown as cover for doing so.

Benzinga

Australian shares charge to best week in six months

Ideal market conditions have helped Australian shares surge to their best week since rebounding from the Liberation Day tariff announcement earlier in 2025.

AAP

Bitcoin Breaks $121,000; Ethereum, Dogecoin, XRP Also Extend Gains: Analytics Firm Says BTC Rally To $130,000 'Appears Realistic'

Leading cryptocurrencies and stocks rose higher on Thursday, as investors shrugged off government shutdown concerns.

Benzinga

The government is shut down. Trump’s immigration agenda is still open for business

Deportations continue despite federal shutdown imperiling other immigration services

The Independent UK

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US economy is already on the edge – a prolonged government shutdown could send it tumbling over

The economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is resolved quickly, the costs will be small, but if it drags on, it could send the U.S. economy into a tailspin.

The Conversation

How a Government Shutdown Could Disrupt Universities, Student Aid, and Research

A federal government shutdown threatens universities nationwide, delaying research grants, student aid, and international student services. Learn how campuses are preparing.

International Business Times

Stocks at New Highs as Shutdown Drags On: Stock Market Today

The Nasdaq Composite, S&P 500 and Dow Jones Industrial Average all notched new record closes Thursday as tech stocks gained.

Kiplinger

Treasury Secretary Bessent Warns: Government Shutdown Could Hit US GDP — Markets on Edge

US Treasury Secretary Scott Bessent has warned that the government shutdown could slash economic growth, unsettle markets, and disrupt millions of workers as political gridlock deepens in Washington.

International Business Times UK

Turning the Government Shutdown Into a Fight About the Filibuster Is a Terrible Idea

Democrats should use the shutdown to curb the Trump administration's worst authoritarian abuses, not to try to goad Republicans into eliminating an important check on executive excess.

Reason

Are National Parks Closed? Sites Are Staying 'Mostly Open' With 'Skeleton Crews' During US Government Shutdown

US national parks remain 'mostly open' with reduced services during the government shutdown, but skeleton staffing has raised safety and environmental concerns while threatening local economies reliant on tourism.

International Business Times UK

Trump haunted by his ‘pretty sad’ 2011 words on who is to blame for a government shutdown

‘Problems start from the top and they have to get solved from the top,’ Trump raged during previous shutdown

The Independent UK

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Benzinga

Applied Digital (APLD) Stock Rallies As Bitcoin Surges Amid Government Shutdown

Shares of Applied Digital Corp (NASDAQ:APLD), a designer and operator of data centers for blockchain and AI, are trading higher this week, buoyed by a 9% rise in Bitcoin’s (CRYPTO: BTC) value over the past five days. Here’s what investors need to know.

Kiplinger

Government Shutdown Puts IPO Resurgence at Risk

The IPO market has been sizzling in recent months, but the government shutdown threatens to put a short-term halt to public offerings. Here's why.

The Independent UK

AOC gives Bronx school group a tour of the Capitol after shutdown sent guides home

Congresswoman Alexandria Ocasio-Cortez gave a school group a tour of the Capitol building after the government shutdown sent guides home.

Roll Call

Vance steps into shutdown forefront as Trump’s lead basher of Hill Democrats - Roll Call

Vice President JD Vance has emerged as President Donald Trump’s lead attack dog on the government shutdown.

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The Guardian - US

Seth Meyers on government shutdown: ‘Will have repercussions for pretty much everyone’

Late-night hosts discuss US the shutdown, Trump’s military threats on US cities and his AI-generated racist video mocking Hakeem Jeffries

Benzinga

Shutdown Hits Growth And Hurts American Workers, Bessent Says

Treasury Secretary Scott Bessent warned Thursday that the ongoing government shutdown is more than a political standoff — it’s a direct threat to economic momentum and American livelihoods.

Barchart

Dollar Rebounds on Higher T-note Yields

The dollar index (DXY00 ) recovered from early losses today and is up by +0.23%. The higher movement of T-note yields today strengthened the dollar's interest rate differentials and sparked short covering in the dollar. The dollar initially moved lower today as the US government shutdown entered its second day....

International Business Times UK

74M Social Security Recipients Told Payments Will Continue Despite Government Shutdown – But Services Could Stall

Social Security payments will continue to arrive on time despite the US government shutdown, but customer services at the agency are likely to be impacted.

The Guardian - UK

People in the US: share your views on the US government shutdown

We’re interested to hear what people make of the Democrats’ refusal to vote for the Republican spending bill, and what people think the party should demand to end the shutdown

The Independent UK

Government shutdown to continue into next week as Senate vote fails to break bitter partisan deadlock: Live updates

The White House threatens mass layoffs as Republicans and Democrats appear nowhere close to a deal

International Business Times

Trump Ramps Up Pressure On Democrats Over US Government Shutdown

Donald Trump signaled Thursday that he plans to follow through on his threat for mass layoffs of US federal workers as he ratcheted pressure on Democrats to back moves to end the government shutdown.

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