Shutdown Advice and Wells Fargo’s Rebound: Your Saturday US Briefing

Hello from New York, where Wall Street is more focused on — you guessed it — inflation and the Fed than the slope toward a partial government shutdown that’s consuming Washington. The effects would hit widely, from longer lines at airports and closed national parks to some quirkier consequences.

Shutdown day would be next Saturday if Republicans in the House can’t halt their infighting and pass some kind of funding measure. For now, President Joe Biden is focusing on his reelection — he’s addressing a Congressional Black Caucus dinner this evening — while also fending off the impeachment inquiry instigated by Republicans.