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Restaurants face closings as business slows and rents go unpaid

Jul 14, 2020
Eighty percent of restaurants in New York City didn't pay full rent in June. The businesses historically have little if any reserves, one expert says.
A man waits for his lunch order at a nearly empty restaurant at Grand Central Market in Los Angeles in June.
Frederic J. Brown/AFP via Getty Images

Congress moves ahead with deal to avoid shutdown

Feb 14, 2019
President Trump says he will sign the spending bill, and declare a “national emergency” to build a border wall.
Saul Loeb/AFP/Getty Images

2 weeks after the shutdown ended, many federal employees still wait for pay

Feb 8, 2019
The partial government shutdown ended two weeks ago, but thousands of workers still haven’t received their back pay. Restarting an organization as immense as the federal government after an extended shutdown takes time and can be fraught with unexpected delays. Federal payroll processing has been delayed by email backlogs, software glitches and an overwhelming number […]
Saul Loeb/AFP/Getty Images

Coming back to work after the shutdown

Feb 6, 2019
It was a bittersweet return for one government contractor.
"Financially and emotionally, I can't shoulder another month, another 8 percent income reduction, for the government to get their act together," Sunny Blaylock says.
Courtesy of Sunny Blaylock

Will the recent government shutdown show up in the jobs report?

Jan 31, 2019
The U.S. Bureau of Labor Statistics will release its January jobs report on Friday.
Recruiting companies are removing race and gender from résumés to eliminate bias.
John Moore/Getty Images

Federal workers owed back pay set to receive it this week

Jan 29, 2019
Government agencies responsible for payroll worked over the weekend to start issuing missed paychecks.

The shutdown cost the U.S. economy $3 billion, Congressional Budget Office says

Jan 28, 2019
"We think we'll be down about $3 billion of GDP," CBO Director Keith Hall says.
Congressional Budget Office Director Keith Hall testifies before the Senate Budget Committee on Jan. 24, 2018, in Washington, D.C.
Win McNamee/Getty Images

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How will shutdown affect Fed decision-making?

Jan 28, 2019
Fed Chairman Jerome Powell and the other members of the agency's Open Market Committee meet Tuesday for the first time this year.
Federal Reserve Chairman Jerome Powell and the other members of the agency's Open Market Committee meet Tuesday for the first time this year.
Win McNamee/Getty Images

The lasting effects of a record-breaking government shutdown

Jan 25, 2019
The experience has left local leaders re-examining their relationship with the government.
Mayors and U.S. Representatives in Washington, D.C., wait to speak during a press conference calling on President Donald Trump and Congress to end the shutdown on Jan. 24, 2019.
Andrew Caballero-Reynolds/AFP/Getty Images

The problem with missing economic data

Jan 25, 2019
Because of the partial government shutdown, some agencies may not be able to release key economic reports on time.
Because of the partial government shutdown, some agencies may not be able to release key economic reports on time.
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