US politics
fromIntelligencer
3 days agoShutting Down the Government Is Thinking Small
Allowing a government shutdown could politically harm Republicans but risks severe administrative damage and long-term strategic setbacks for Democrats.
Consumers' appetite for big-ticket spending on PCs faces a number of downside risks. Although PCs currently remain exempt, broader tariffs impacting key spending categories have already resulted in inflationary pressure, with the Federal Reserve pausing its planned interest rate cuts in anticipation of further price rises in the remainder of the year.