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Tag: government shutdown impact

Government Shutdown Worsens Air Traffic Controller Shortage Crisis

The 44-day government shutdown accelerated retirements and resignations among air traffic controllers, deepening a decade-long staffing crisis that threatens travel safety.

Treasury Secretary Warns Government Shutdown Fallout Worsening

US Treasury Secretary Scott Bessent says economic strain from the prolonged government shutdown is intensifying, with disruptions spreading through key sectors.

Fed Rate Cut Expected Today: Watch Powell’s FOMC Press Conference

Live stream Jerome Powell's FOMC meeting announcement and press conference today as Fed expected to cut rates amid government shutdown and economic uncertainty.

JPL Layoffs: NASA Lab Cuts 550 Jobs Amid Mars Mission Crisis

NASA's Jet Propulsion Laboratory faces existential crisis with fourth round of layoffs in two years, losing 25% of staff after Mars Sample Return mission cancellation.

Over 20 State Economies in or Near Recession, Moody’s Finds

Moody's Analytics reveals 21 states and D.C. face recession risks, threatening nearly one-third of U.S. GDP. Key state economies at risk include Illinois and Georgia.