The shutdown of the U.S. federal government could cost the economy up to $14 billion, depending on how long it lasts, the Congressional Budget Office said Wednesday. The shutdown, now in its fourth week, will result in the loss of at least $7 billion of gross domestic product by the end of 2026 as a…
“SNAP/EBT Food Stamp Benefits Accepted” is displayed on a screen inside a Family Dollar Stores Inc. store in Chicago, Illinois. Daniel Acker | Bloomberg | Getty Images Read more CNBC government shutdown coverage CNBC has requested comment from the USDA on the lawsuit. The department’s website greets visitors with a large message about the discontinuation…
Portland Trail Blazers head coach Chauncey Billups and Terry Rozier #2 of the Miami Heat. Lachlan Cunningham | Getty Images The National Basketball Association told its 30 teams on Monday that it was instituting a broad review of betting-related issues to “protect the integrity of the NBA and our affiliated leagues” in the wake of…
In an aerial view, a container ship sits docked at the Port of Oakland on October 10, 2025 in Oakland, California. Justin Sullivan | Getty Images News | Getty Images Shares of several U.S.-listed rare earth miners fell on Monday as U.S. officials said they expect China to delay introducing export controls on critical minerals…
U.S. President Donald Trump looks on next to people waving Malaysian national flags before he departs on Air Force One from Kuala Lumpur International Airport in Sepang on Oct. 27, 2025. Andrew Caballero-reynolds | Afp | Getty Images U.S. President Donald Trump said Monday that Washington and Beijing were poised to “come away with” a…
Treasury Secretary Scott Bessett said Sunday he, too, has “felt pain” from China refusing to buy U.S.-grown soybeans during a trade conflict with President Donald Trump because “I’m actually a soybean farmer.” Bessent’s comment came during an interview with ABC News’ “This Week,” where he said that trade negotiations with China in the past two…
The Disability Awareness Council in Chapel Hill, North Carolina, assists individuals with disabilities in the community, offering aid ranging from transportation to housing advocacy. But for now, many services are on hold. “Because of the shutdown and cuts, core disability services that people rely on every week are either paused, reduced or running with unpaid…
European consumers are facing higher prices when going to the supermarket. Andia | Universal Images Group | Getty Images Relations between the the U.K. and European Union are arguably at the best they’ve been since the Brexit vote in 2016 but there’s an ongoing cold front between the neighbors over a ban on continental cheese…
U.S. President Donald Trump speaks holding a photos of the new ballroom during a meeting with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC on October 22, 2025. Salwan Georges | The Washington Post | Getty Images Big Tech and other publicly traded companies are helping to…
Timothy Mellon, seen outside an inspection train during a property tour in 1981. Exact date and location unknown. AP Photo A mystery donor whose $130 million is meant to pay U.S. military during the government shutdown is Timothy Mellon, an heir to a renowned Gilded Age family, The New York Times reported Saturday, citing two…
