Back to today’s briefing

Story perspectives

US Government Shutdown Rattles Markets, Gold Soars 45%

10/7/2025

42 10 Full Breakdown

Summary

Story summary

The United States government shutdown began October 1, halting key economic data and rattling investor confidence.
The Bureau of Labor Statistics will not publish unemployment-benefits data due October 8.
Gold rose, with year-to-date gains over 45%, as investors seek safe havens.
Upcoming PepsiCo and Delta Air Lines earnings may reflect the shutdown’s broader impact.

History

Historical Context

The 2013 United States government shutdown, which lasted from October 1 to October 17, stemmed from a political impasse over funding the Affordable Care Act. This 16-day shutdown furloughed approximately 800,000 federal employees and cost the economy an estimated $24 billion, highlighting the ongoing challenges in U.S. budget negotiations and prompting calls for reforms to prevent future shutdowns.

1 of 2

Story summary

The United States government shutdown began October 1, halting key economic data and rattling investor confidence.
The Bureau of Labor Statistics will not publish unemployment-benefits data due October 8.
Gold rose, with year-to-date gains over 45%, as investors seek safe havens.
Upcoming PepsiCo and Delta Air Lines earnings may reflect the shutdown’s broader impact.

1 / 2