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0.000330316443152615 -0.000528506309044147 -0.00151945563850162 0.00336922772015585 0.00607782255400666 0.00868203739182136 0.00759727819250846 0.0100085882275219
Stock impact report

The White House thinks the shutdown will be twice as bad for the economy than expected [CNBC]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
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Company Research Source: CNBC
Trump administration doubles estimate of shutdown cost to economy from original forecast: Source Jim Watson | AFP | Getty Images President Donald Trump speaks to the media as he departs the White House in Washington, DC, on January 14, 2019 en route to New Orleans, Louisiana to address the annual American Farm Bureau Federation convention. The Trump administration now estimates that the cost of the government shutdown will be twice as steep as originally forecast. The original estimate that the partial shutdown would subtract 0.1 percentage point from growth every two weeks has now been doubled to a 0.1 percentage point subtraction every week, according to an official who asked not to be named. The administration had initially counted just the impact from the 800,000 federal workers not receiving their paychecks. But they now believe the impact doubles, due to greater losses from private contractors also out of work and other government spending and functions that won't occur. If the Show less Read more
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