A closely watched report on the American economy due out on Wednesday will be delayed because of the partial government shutdown
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The government shutdown will not have a long-term effect on GDP: EY's WeinbergerEY's CEO Mark Weinberger does not believe the government shutdown will have a long-term effect on GDP. The bigger issue, he says, is America's rising doubt the government will work together to pass any legislation over the next two years.
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Government debt tab hits $66 trillion, 80% of global GDP, Fitch says'Government debt levels are high, leaving many countries poorly positioned for financial tightening as global interest rates begin to move higher,' Fitch's James McCormack says.
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Government debt hits record $66 trillion, 80% of global GDP, Fitch says'Government debt levels are high, leaving many countries poorly positioned for financial tightening as global interest rates begin to move higher,' Fitch's James McCormack says.
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Government shutdown costs the economy $11 billion, significantly dings Q1 GDP growth, CBO estimatesGovernment shutdown cost economy $11 billion, with about $3 billion lost permanently, CBO says. Q1 GDP growth to be cut by nearly half percentage point
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