Bloomberg Creative | Bloomberg Creative Photos | Getty Images What is a government shutdown? During a shutdown, the federal government ceases operations that are deemed nonessential. Every year Congress must pass legislation to fund the federal government for the coming fiscal year. A shutdown occurs if legislators can’t finish this …

Members of the United Auto Workers (UAW) Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on September 26, 2023, to show solidarity for the “Big Three” autoworkers currently on strike.  Patrick T. Fallon | AFP | Getty Images …

With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning to alternative assets outside of equities and bonds to generate returns. One of those strategies is private credit. Despite the changing macro backdrop, the industry has posted annual gains for …

Drew Angerer | Getty Images News | Getty Images Meta has new artificial intelligence tools and celebrity-endorsed digital assistants that CEO Mark Zuckerberg hopes will help eventually help jumpstart the metaverse. Zuckerberg showed off the AI software as well as the company’s new Quest 3 virtual reality headset and latest …

Nilay Patel, left, editor-in-chief of the Verge, and Kevin Scott, Microsoft’s chief technology officer, speak at Vox Media’s Code Conference at The Ritz-Carlton Laguna Niguel in Dana Point, California, on Sept. 27, 2023. Jerod Harris | Vox Media | Getty Images Microsoft technology chief Kevin Scott said on Wednesday that …

United Auto Workers (UAW) President, Shawn Fain addresses picketing UAW members at a General Motors Service Parts Operations plant in Belleville, Michigan, on September 26, 2023, as US President Joe Biden joined the workers.  Jim Watson | Afp | Getty Images DETROIT – United Auto Workers President Shawn Fain doubled …

Lawmakers on Capitol Hill remain in a virtual stalemate over a budget resolution that would keep the government funded for the remainder of the fiscal year. Should Congress fail to reach an agreement before Oct. 1, the U.S. government will shut down. If that comes to pass, all “nonessential” government …

Remote jobs might be getting harder to find, but the hybrid job market is thriving.  Recent data from workforce solutions company ManPower Group shows that all industries are offering more hybrid roles month-over-month.  And as more companies eye a full-time return to office, jobseekers are turning their attention to roles …

Panos Panay, chief product officer of Microsoft Corp., displays the new Surface Laptop 3 computer during a Microsoft product event in New York, U.S., on Wednesday, Oct. 2, 2019. Microsoft unveiled a dual-screen, foldable phone that will run on Google’s Android operating system, jumping back into a market it exited …

After a prolonged period of high inflation and higher interest rates, Americans are just getting by. As of August, 60% of adults said they are living paycheck to paycheck, according to a new LendingClub report, unchanged from last year. Recent data is painting a mixed picture of where the economy stands. Inflation has shown …