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On the Money

On the Money

By Lauren Young, Digital Special Projects Editor

Hello On The Money readers!

It will come as no surprise that the ripple effects of the U.S. government shutdown will be felt far and wide. Here is what the shutdown means for you.

The shutdown is expected to impact domestic as well as international travel, fraud reporting to the FTC and small business loans.

Experts say the shutdown will curtail the IPO market’s momentum, too. And a key worry is how the closure will shut off the flow of key economic data – including the all-important September jobs report – at a moment of uncertainty among policymakers and investors about the health of the U.S. employment market, the trajectory of inflation and the strength of consumer spending and business investment.

It’s a fast-moving story. Check out our live blog for the latest updates.

 

ChatGPT is almost 3. REUTERS/Dado Ruvic/Illustration