The U.S. federal government shut down early on Oct. 1, 2025, after last-minute talks between lawmakers and President Trump failed. On Tuesday night, the Senate rejected both a Republican and a Democratic funding plan. With no compromise made, a funding lapse became unavoidable. This marks the first shutdown since the record-breaking 2018-19 deadlock, which lasted seven weeks during Trump’s first term, as quoted on Yahoo Finance. Is There Any Economic Fallout?Government spending has been halted, and key data ...