The extended government shutdown has put collecting most October inflation data out of reach for the Bureau of Labor Statistics, according to people familiar with the agency’s operations

This week's market wrap highlights the ongoing government shutdown, which is now the second-longest in history, causing frustration among furloughed workers and raising concerns about economic stability, particularly for regional banks. Despite these challenges, the stock market appears to be holding steady, showing resilience amid the uncertainty. This situation is significant as it reflects the broader economic landscape and the potential long-term effects on various sectors.

As the government shutdown enters its 24th day, former Congressman Garret Graves from Louisiana shared his thoughts on whether lawmakers should continue to receive their salaries while federal workers are left unpaid. This discussion is crucial as it highlights the ongoing impact of the shutdown on both government employees and the legislative process, raising questions about accountability and fairness in times of crisis.

The Social Security Administration has announced a 2.8% cost-of-living increase for beneficiaries, including retirees and those receiving disability benefits. This adjustment, which will take effect in January, is particularly significant as it comes after a delay caused by the government shutdown. This increase is crucial for many individuals who rely on these benefits to keep up with rising living costs, providing them with a much-needed financial boost.

The White House has announced that it will not release crucial economic data for October, leaving economists feeling 'flying blind' amid an ongoing government shutdown. This decision raises concerns about transparency and the ability to assess the economic landscape, which is vital for informed decision-making by businesses and policymakers. Without this data, understanding the current economic situation becomes increasingly challenging, potentially impacting financial markets and economic planning.

In September, the Consumer Price Index saw a 3 percent increase compared to the previous year, according to a report that was delayed due to the government shutdown. This rise in inflation is significant as it comes at a time when the Federal Reserve is considering cutting interest rates again. Understanding these economic indicators is crucial for consumers and investors alike, as they can impact spending, saving, and overall economic growth.

In September, US consumer inflation showed signs of cooling, which is a positive development for the economy as it may ease pressure on households and influence Federal Reserve policy. However, the looming government shutdown poses a risk to the timely release of future economic reports, making it crucial for policymakers and consumers to stay informed about potential impacts on economic stability.

Truist Securities has lowered its stock price target for Roper Industries due to concerns over the potential impact of a government shutdown. This adjustment reflects the uncertainty in the market and highlights how external factors can influence corporate performance. Investors should pay attention to these developments as they could affect Roper's financial outlook and stock performance in the near future.

In September, the U.S. Consumer Price Index showed a slight increase, a development that comes as the Federal Reserve is gearing up to potentially cut interest rates again. This rise in inflation could be linked to the impact of President Trump's tariffs on various imported goods. Understanding these economic indicators is crucial as they influence monetary policy and consumer spending, ultimately affecting the overall economy.

Cathie Wood has made headlines again by purchasing $17.2 million worth of a struggling tech stock, showcasing her confidence in the sector's potential rebound. This move is significant as it reflects her investment strategy of identifying undervalued companies, which could lead to substantial gains in the future. Investors often look to her decisions as indicators of market trends, making this purchase noteworthy.

Neutrogena has issued a recall for its makeup wipes due to concerns over bacterial contamination, affecting consumers in Florida, Georgia, South Carolina, and Texas. This recall is significant as it highlights potential health risks associated with contaminated products, prompting users to check their supplies and prioritize safety.

President Trump has announced a 10% increase in tariffs on Canada, a move sparked by a controversial advertisement from Ontario that quotes former President Reagan criticizing import levies. This decision highlights the ongoing tensions between the U.S. and Canada regarding trade policies and could have significant implications for economic relations and cross-border commerce.

In a surprising move, Trump has announced a 10% increase in tariffs on imports from Canada, a decision that could strain trade relations between the two countries. This escalation in tariffs may lead to higher prices for consumers and could impact various industries reliant on cross-border trade. It's a significant development that highlights ongoing tensions in U.S.-Canada trade relations.

In a surprising move, President Trump has imposed an additional 10% duty on Canadian goods, citing an anti-tariff advertisement that aired during the World Series as a trigger. This decision comes as tensions rise between the U.S. and Canada, especially with Trump's announcement that he won't meet Canadian Prime Minister Mark Carney at the upcoming ASEAN summit in Malaysia. This escalation in trade disputes could have significant implications for both economies, affecting businesses and consumers alike.

This week's market wrap highlights the ongoing government shutdown, which is now the second-longest in history, causing frustration among furloughed workers and raising concerns about economic stability, particularly for regional banks. Despite these challenges, the stock market appears to be holding steady, showing resilience amid the uncertainty. This situation is significant as it reflects the broader economic landscape and the potential long-term effects on various sectors.