Econintersect: No Consumer Price Index data today from from the BLS, but it appears there is a deal to end the government shutdown.
The market was expecting the CPI to grow 0.1% month-over-month.
From the Guardian:
Republican leaders conceded defeat in their two-week battle to derail Barack Obama’s healthcare reforms on Wednesday, bringing the US back from the brink of a looming debt default and ending a two-week government shutdown. With just hours until a deadline set by the US Treasury for extending the debt limit, House speaker John Boehner signalled he was ready to accept a Senate-drafted peace deal that contained almost no concessions to conservatives who had driven the country the precipice of a new financial crisis. Harry Reid, the majority leader, announced the deal on the the floor of the Senate just after midday. He called for all sides to work together to implement the plan. “Now is not the time for pointing the fingers of blame. Now is the time for reconciliation,” he said.
From St. Louis Fox2:
The government shutdown could also soon affect Boeing workers in St. Louis. The company released a statement saying there could be some workforce reductions caused by customer-issued stop work orders, limited access to federal installations, funding cuts or a shortage of government inspectors. That could lead to furloughs at the Hazelwood Defense, space and security unit.
From Reuters:
Following companies and financial institutions have warned of project delays, employee furloughs and other consequences of a prolonged impasse:
** STANLEY BLACK & DECKER INC
** BNY MELLON CORP
** FLIR SYSTEMS INC
** BABCOCK & WILCOX CO
** WAL-MART STORES INC
** BAE SYSTEMS PLC
** BOEING CO
** URS CORP
** COSTCO WHOLESALE CORP
** HEALTH NET INC
** HUMANA INC
** LOCKHEED MARTIN CORP
** UNITED TECHNOLOGIES CORP
** GOLDMAN SACHS
** BANK OF AMERICA
** CITIGROUP
** JPMORGAN CHASE & CO
** AIG
** MORGAN STANLEY
** WELLS FARGO
