World Business Report US shutdown costs $400M daily as furloughs begin for federal workers
Oct 1, 2025
The U.S. government shutdown has begun, costing $400 million daily and affecting thousands of federal workers. Economic abuse is a serious issue, as experts explore its hidden impacts on relationships. Oktoberfest celebrations extend globally, showcasing cultural richness beyond Munich. In a surprising twist, concerns arise over AI replacing human actors in Hollywood, igniting debates on creativity and industry integrity. Each topic highlights pressing social and economic challenges that resonate far and wide.
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Immediate Economic Hit Of The Shutdown
- The US shutdown began and federal furlough notices were sent within a day, risking large economic disruption.
- The Congressional Budget Office estimates up to 750,000 furloughed workers and $400 million daily in compensation costs.
Small Businesses Bear Lasting Costs
- Small businesses suffer uniquely because government contractors may never get paid for work during a shutdown.
- Reduced federal employee spending also ripples through local downtown economies and service sectors.
Health Subsidies Drive The Political Standoff
- Healthcare subsidies for marketplace plans are central to the political standoff driving the shutdown.
- Enhanced subsidies doubled marketplace enrollment from 12 million to 24 million since 2021 and risk large coverage losses if expired.
