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The Latest Breaking News from Government Shutdown

Up First briefing: McCarthy's job threatened; how a robot could fight climate change

Congress averted a government shutdown. Now, Speaker McCarthy must avoid losing his job. And, this stinky seaweed-fighting robot could help fight climate change.

WEKU

Stocks Set to Open Mixed as Investors Await U.S. Jobs Data and Powell’s Comments, U.S. Avoids Shutdown

December S&P 500 futures (ESZ23) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.20% this morning as market participants looked ahead to comments from Fed Chair Jerome Powell and other Fed officials later today, while also bracing for more data on the U.S. labor market after…

Barchart

Stocks Set to Open Higher as Investors Await U.S. Jobs Data and Powell’s Comments, U.S. Avoids Shutdown

December S&P 500 futures (ESZ23) are up +0.06%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.24% this morning as market participants looked ahead to comments from Fed Chair Jerome Powell and other Fed officials later today, while also bracing for more data on the U.S. labor market after…

Barchart

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Last-minute US budget deal sparks new wave of Republican infighting

IN THE PRESS – Monday, October 2: After a last-minute budget deal avoided another possible government shutdown in the United States, Republican infighting about the House speaker's future could end up benefiting Democrats. We also take a look at why Slovakia's elections are just the latest development suggesting unconditional Western…

France 24

EU's Borrell proposes new €5 billion envelope to Ukraine

EU foreign policy chief Josep Borrell on Monday told a joint press briefing with Ukraine’s Foreign Minister Dmytro Kuleba that he had proposed a new €5 billion bilateral envelope to Ukraine. Ukrainian President Volodymyr Zelensky told the meeting of all 27 EU foreign ministers in Kyiv that victory 'directly depends…

France 24

U.S. aid to Ukraine in its fight against Russia faces a rocky road in Congress

Chicago Rep. Mike Quigley, co-chair of the Congressional Ukraine Caucus, was the only Democrat to vote against the stopgap measure averting a government shutdown.

Chicago Sun-Times

US avoids damaging government shutdown as fractured parties manage to compromise

The agreement reveals the faultlines in US politics

Evening Standard

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US government shutdown averted. What happens next?

Congress has passed a stopgap measure, but will lawmakers agree on detailed spending bills for the entire fiscal year?

Al Jazeera

US Congress passes last-minute bill to avert shutdown

The threat of a federal government shutdown suddenly lifted late Saturday as President Joe Biden signed a temporary funding bill to keep agencies open with little time to spare after Congress rushed to approve the bipartisan deal.

France 24

Morning Digest | Afghanistan Embassy in India to cease operation from today; Threat of government shutdown ends as Congress passes a temporary funding plan and sends it to Biden

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu

Janet Yellen says a government shutdown would add to risks of a recession

Treasury Secretary Janet Yellen is sounding the alarm about the damage a government shutdown could do to the U.S. economy. "It's really reckless and will impose immediate harm," Yellen told NPR.

WEKU

Looming government shutdown rattles families relying on Head Start program for disadvantaged children

Head Start programs serving more than 10,000 disadvantaged children would immediately lose federal funding if the government shutdown isn't averted

The Independent UK

Fat Bear Week could be postponed if the government shuts down

The looming government shutdown threatens to claw its way into a crowd-pleasing Alaska tradition: Fat Bear Week

The Independent UK

On the brink of a government shutdown, the Senate tries to approve funding but it’s almost too late

The U.S. is on the brink of a federal government shutdown

The Independent UK

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The Independent UK

Biden says government shutdown isn’t his fault. Will Americans agree?

The White House has pinned the blame for a looming government shutdown on House Republicans, who have been paralyzed by their inability to pass a funding package

WEKU

D.C. has a lot of federal workers. A government shutdown would have big impacts

The Washington, D.C., region is home to about 400,000 federal employees, plus members of the military and government contractors. In a government shutdown, they face no pay and lots of uncertainty.

The Independent UK

On the brink of a government shutdown, the Senate tries to approve funding but it's almost too late

The U.S. is on the brink of a federal government shutdown

The Independent UK

Biden says shutdown isn't his fault. Will Americans agree?

The White House has pinned the blame for a looming government shutdown on House Republicans, who have been paralyzed by their inability to pass a funding package

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Chicago Sun-Times

What would government shutdown mean? Impact on SNAP, student loans, travel impacts, mail explained

While the Senate pushes forward with bipartisan approach aimed at keeping the government open, the Republican-controlled House has made little progress — most recently with Speaker Kevin McCarthy’s last-ditch plan collapsing Friday.

Chicago Sun-Times

Government shutdown would mean locked gates, furloughed rangers at national parks

The majority of more than 420 national park units will be off-limits to the public starting Monday, Interior officials said. The governors of Arizona and Utah vowed to use state funding to keep some of the most iconic parks, including Grand Canyon and Zion, open.

USAFacts

Everything you need to know about a government shutdown

The impacts of government shutdowns include furloughed employees, reductions in services, closed parks and museums, and much more.

Al Jazeera

With a US government shutdown imminent, what happens to the economy?

About quarter of the US GDP is government expenditure. A drop in that spending will have knock-on effect on the economy.

Fortune

Government shutdown would have ‘serious consequences for our economy’ by halting $163 billion in federal contracts to small businesses

A government shutdown on Saturday would close the Small Business Administration, leaving small businesses that depend on it in limbo.

France 24

What are the economic risks of a US government shutdown?

With gridlock persisting in Washington on passing a spending bill for the fiscal year starting October 1st, a US government shutdown looms. The economic impact of a stoppage could be far-reaching depending on its duration. Several million federal workers would go without pay, subsidies for public housing could be at…

The Guardian - US

US national parks set to close in event of government shutdown

The interior department’s contingency plan emphasizes the need to protect park resources and ensure visitor health and safety

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