Washington (Reuters) -The wave of investment into the U.S. economy is sustainable and is only getting started, but the federal government shutdown is increasingly an impediment, U.S. Treasury Secretary Scott Bessent said on Wednesday. "There is pent-up demand, but then President (Donald) Trump has unleashed this boom with his policies," Bessent said at a CNBC event held on the sidelines of the International Monetary Fund and World Bank annual meetings in Washington. "The only thing slowing us down here is this government shutdown," Bessent said, adding that it is starting to cost the economy about $15 billion a day in lost output. (Reporting By David Lawder; writing by Dan Burns; editing by Paul Simao)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Parents can help youngsters regain their motivation by creating successes. Making their progress visible will…
Berlin (dpa) – Bread and baked goods top the list of food items we wind…
Check out these tips to get the best out of your air fryer, from how…
A gene-edited pig kidney kept a man off dialysis for nine months in a world…
Rome (PA Media/dpa) - Cases of diabetes develop earlier and are more severe in women who…
Berlin (dpa) - Municipalities in many places around the globe have at least one dedicated…