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US: Another government shutdown is looming. This one could hit differently in the economy
Legislation to fund much of the US government appears in peril this week, with odds spiking that another partial government shutdown will strike Friday at midnight. But the effects of the possible stoppage could be felt differently in the economic arena this time around. Funding for areas like the Department of Commerce (which releases some economic data) and the Department of Agriculture (which administers food benefits) are not set to be impacted, no matter how the week ahead plays out. The budgets for other key departments — from the Department of Labor (which releases the most closely watched economic data) to ... (full story)