Something for the weekend.
-- The imminent government shutdown is weighing on everyone. Here in California, we’re worried that if Congress doesn’t reach an agreement by midnight Saturday in Washington, lines will be longer at airports, and national parks including Joshua Tree will close. House Republicans need to get their act together and pound out some type of resolution--stat.
There’s more bad news if you’re from California, Illinois or New York. Revised government figures show that personal income fell in those places last year for the first time since 2009. Ouch. Seven states now show zero growth or worse, up from five before revisions. There’s always tonight’s Powerball drawing, where a $2 ticket gives you the opportunity to win a life-changing $960 million.
Child care spots are going to get harder to find and more expensive, which could mean fewer women in the workforce going forward. A $24 billion fund set up by the Biden administration in March 2021 to supplement salaries for childcare providers and teachers as part of the pandemic-era American Rescue Plan expired. “We have to think about this as a really big issue,’’ said Shelley Zalis, CEO of the Female Quotient. “This is a problem for the economy, for families, for corporations.
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Investors fear US data disruption from looming government shutdownKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
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Looming shutdown rattles families who rely on Head Start program for disadvantaged childrenKANSAS CITY, Mo. (AP) — As Monette Ferguson braces for the looming government shutdown to strip funding from her Head Start program for disadvantaged children in Connecticut, she harkens back to a decade ago when another congressional budget fight forced her to close preschools. This time around she is more prepared, with money in reserve to keep serving around 550 children at 14 Head Start sites operating in three different towns. But only for about 30 days. “It’s like a gut punch to our system
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