Blackstone's new chief investment strategist says he doesn't see "any real lasting effects" of the government shutdown on the economy.
More than 420,000 federal employees across numerous agencies could continue to work without receiving their paychecks, and hundreds of thousands more could be furloughed, according to Senate Democrats' projections.
CNBC's Ylan Mui reports on the details of the latest continuing resolution to pass through Congress in an attempt to prevent a government shutdown.
Sen. David Perdue (R-GA) joins 'Squawk Box' to discuss the government budget negotiations, the Fed's latest rate hike and the top policy issues going into 2019.
Sen. David Perdue (R-GA) joins 'Squawk Box' to discuss the on-going government spending bill negotiations.
U.S. President Donald Trump has backed plans to request $750 billion from Congress for defense spending next year, a U.S. official said on Sunday, signaling a Pentagon spending hike at a time of potential belt-tightening elsewhere in the government.
Tariffs collected in the latest fiscal year ended Sept. 30 rose by less than $7 billion from fiscal 2017, according to the Treasury. That is less than 0.2 percent of the $3.3 trillion the Treasury took in during the latest fiscal year.
Secretary of Defense James Mattis will travel to Texas on Wednesday to visit troops currently deployed in support of the Southwest border mission.
Patrice Gautry of UBP says Congress could agree to spend on infrastructure, but the White House is unlikely to agree to cut spending elsewhere.
CNBC's Eamon Javers reports the latest from the Treasury Department on the budget deficit for the 2018 fiscal year.
The deficit climbed to $779 billion, $113 billion higher than the previous year, according to a statement from Treasury Secretary Steven Mnuchin and Office of Management and Budget Director Mick Mulvaney.
Though the president raised the possibility of vetoing the legislation in recent weeks, he said "we're going to keep the government open" hours before Wednesday's vote.
In recent weeks, Trump raised fears that he would veto the legislation and let the government shut down.
Trump has waffled on the idea of shutting down the government in recent weeks as funding is set to expire at midnight Sunday.
Liang established the Fed's Division of Financial Stability in 2010. She joined the Brookings Institution in 2017.
Democrats jumped on comments from White House economic advisor Larry Kudlow, who said the Trump administration will "probably" address "larger entitlements" next year.
South Africa entered recession in the second quarter for the first time since 2009, data showed on Tuesday.
The White House is considering a partial shutdown if spending legislation does not include funding for President Donald Trump's border wall, according to sources familiar with the matter.
A decade after the 2008 recession, the policymakers who countered it on its front lines are worried that the U.S. may not be adequately armed for the next economic crisis.
The Trump administration's recent immigration crackdown has been a boon for the companies that manage detention centers, but it's less clear that taxpayers are getting their money's worth to support a policy that many Americans find abhorrent.