Attempt jobs that people rely on during the holiday season are looking harder to find this year.
Typically, UPS says they're going to hire a bunch of workers.
This year, they didn't put a number on that.
Same goes for Target, same goes for Macy's.
Meanwhile, the average cost of a room at a luxury hotel is at a record high.
And why some large companies won't be able to take advantage of all their new tax breaks.
It's Tuesday, November 11th.
I'm Alex Osela for the Wall Street Journal.
This is the PM edition of What's News,
the top headlines and business stories that move the world today.
The end of the long government shutdown appears in sight,
but the US will continue to feel its effects after the government reopens.
Calculating that impact on the US economy is difficult.
and uncertainty is also playing out in the economy as companies staff up for the holiday shopping season.
The country's big retailers, warehouse,
and shipping companies appear to be dialing their holiday hiring plans way, way back this year.
I'm joined now by WSJ Economics reporter, Justin Layhart.
Justin, let's start with the economic impact of the shutdown broadly.
Is it expected to affect the US economy in the long term?
Not that much in the long term.