New Lesson: How diversification really works

What happens when the government shuts down, according to Brookings

The Fiscal Responsibility Act is adding complications to appropriations debates.
Biden’s proposed 5.2% annual federal pay raise safe — for now

Analysis from the Brookings Institute this week predicts that a government shutdown is likely given the short amount of time left in fiscal 2023.
Engineer fired from Parsons Corp. sues company, defense secretary

Anil Varshney, 78, filed a civil rights lawsuit in the Northern District of Alabama against Parsons Corp. and U.S. Defense Secretary Lloyd Austin.
Fitch downgrade of US credit rating cites deterioration in governance

The rating was cut Tuesday one notch to AA+ from AAA, the highest possible rating. The new rating is still well into investment grade.