Overview
- Federal data due Friday is expected to show September inflation near 3 percent, with energy and food costs driving the increase during a period when most data releases are paused by the shutdown.
- The latest Quinnipiac poll shows 38 percent approval and 57 percent disapproval of Trump’s handling of the economy, marking his lowest economic rating since early 2017.
- Goldman Sachs analysis finds job growth slowed to roughly 25,000 in August from about 150,000 early in 2025, with businesses restraining hiring amid shifting tariff policy and uncertainty.
- Treasury finalized a $20 billion plan to support Argentina through currency markets, and Trump said additional backing could follow depending on the outcome of elections there.
- Proposals to import more Argentine beef to ease U.S. prices drew bipartisan pushback, with Republicans including Sens. Deb Fischer and Mike Rounds voicing concerns and Senate Majority Leader John Thune calling the move a mistake.