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US government shutdown puts business plans on hold

Business

The US government shutdown has stretched to 43 days, and it's making life tough for companies that count on federal money or approvals.
Telecommunications and broadband companies like Clearfield Inc. are stuck waiting for decisions on big broadband projects, while Spectral AI Inc. had to lower its revenue outlook because federal contract work slowed down.

IPOs stalled, profits hit as consumer activity drops

UBS says the shutdown could delay new IPOs, which means less action (and money) in the stock market.
Companies like M&C Saatchi and Hilton Food Group have warned of lower profits due to trading hiccups and regulatory holdups.
Even DiamondRock Hospitality and Red Robin Gourmet Burgers blame the shutdown for fewer customers. DiamondRock has cut its financial forecasts as a result.