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Federal funding lapsed just after midnight on 1 October 2025 and stayed lapsed for 43 days, the longest shutdown ever, over a fight about expiring Affordable Care Act subsidies.

A stopgap covering six of the twelve appropriations bills expired on 31 January 2026, closing roughly half of federal agencies until the House passed a funding package 217-214 on 3 February.

A two-week stopgap for DHS alone ran out on 14 February 2026, and the department stayed unfunded for 76 days - the longest shutdown of a single agency in US history - until the President signed a bipartisan bill on 30 April.

Rackspace is cutting about 15% of its global workforce, roughly 750 of some 5,000 employees, mostly in legacy public-cloud services, to redeploy money into enterprise AI.

Robinhood cut about 10% of its full-time employees, roughly 290 people, to flatten management layers, booking about $28 million in charges.

Lucid is cutting about 18% of its U.S. workforce, roughly 1,500 people including factory workers, ending the second shift at its Arizona plant; COO Marc Winterhoff is out as the role is eliminated.

Sony cut a significant share of Bungie, including most of the Destiny team and some Marathon staff; a Washington WARN filing counts 292 jobs at its Bellevue studio, from a headcount of about 800.

Monday.com is cutting about 20% of its global workforce, around 620 jobs with some 350 at its Tel Aviv headquarters, as it reorganises around its AI Work Platform.

Visa is eliminating about 2,600 roles, roughly 7% of its workforce and mostly in technology and product, with CEO Ryan McInerney saying AI is reshaping how work gets done.

Zillow laid off just over 500 employees, about 7% of its workforce, in its second and largest cut of 2026, a day before its second-quarter results.

Etsy is laying off about 220 employees, roughly 12% of its workforce, mostly in product and engineering, leaving about 1,600 people.

Apple cut more than 200 jobs, about 100 in its Vision Products Group, largely shutting its Vision Pro gaming team and shrinking immersive video, and about 100 in Siri and software as it shifts to Siri AI.

H.R. 6500, the Continuing Appropriations and Extensions Act, 2027, was signed on 2 September 2026, four weeks before the fiscal year ran out. Its appropriations run from 1 October to 11 December 2026, pushing the next shutdown fight past the midterm elections.

Uber cut about 10% of its staff, roughly 3,300 jobs, as CEO Dara Khosrowshahi removed management layers, merged teams and pulled remote workers back into offices.

Volkswagen's supervisory board approved a group-wide cut of about 50,000 more positions, including management roles, on top of earlier programmes that bring planned job reductions to around 100,000 by 2030.

JLR will cut around 4,000 roles, about 10% of its global workforce, over two years, mostly salaried and management jobs in the UK, as it targets £1.7 billion of savings.

Omnicom expects to end 2026 with about 105,000 staff, roughly 15,000 or an eighth fewer than the 120,000 it had after buying Interpublic, through merger cuts, outsourcing, offshoring and disposals.

Oracle began another round of layoffs, telling staff by early-morning email that it was their last working day, days after adding about $700 million to its AI-era restructuring plan.

Wonder is cutting 533 jobs between 16 September 2026 and 8 January 2027 as it closes its Cranford and Fairfield, New Jersey production facilities and consolidates into a new plant in Swedesboro.

A $1-an-hour raise lifts minimum starting pay for Amazon's U.S. full-time core operations employees to $20, with average pay nearly $24 an hour, part of a more than $1.5 billion investment in higher pay. A 10% employee grocery discount and a lifetime banking benefit come with it.

Samsung Electronics America's New Jersey WARN notice lists 739 roles at its Englewood Cliffs headquarters ending on 30 September 2026, about 62% of its roughly 1,200 New Jersey staff, as the unit moves to Plano, Texas.

Zalando is due to shut its Erfurt fulfilment centre at the end of September 2026, ending the jobs of about 2,100 remaining staff at a site that employed around 2,700 when the closure was announced.

Fiscal year 2027 starts on 1 October 2026 with none of the twelve appropriations bills through both chambers, so the government runs on the continuing resolution signed in September rather than on a budget.

TikTok's US joint venture is permanently closing its Music Row office in Nashville on 5 October 2026, eliminating all 250 jobs there, including members of its content-moderation team.

The stopgap signed in September expires on 11 December 2026, the deadline for Congress to enact the twelve fiscal 2027 appropriations bills or pass another continuing resolution before agencies shut down.

Germany's statutory minimum wage goes up to €14.60 an hour on 1 January 2027, the second step of the largest increase the Minimum Wage Commission has recommended.

The FOMC announces its rate decision on the second day of its January 26-27 2027 meeting. On 21 September 2026 Kalshi last traded Fed maintains rate 61%, Hike 25bps 25%, Cut 25bps 8%.

India's finance minister presents the Union Budget for 2027-28 in the Lok Sabha, by convention on 1 February at 11am.

The statutory deadline for the President to send the fiscal 2028 budget to Congress is the first Monday in February 2027 - a deadline no president has met in over a decade.

The FOMC announces its rate decision on the second day of its March 16-17 2027 meeting. The meeting is one of the four in 2027 that comes with a Summary of Economic Projections - the "dot plot" - and a press conference. On 21 September 2026 Kalshi last traded Fed maintains rate 67%, Hike 25bps 27%, Cut 25bps 10%.

The FOMC announces its rate decision on the second day of its April 27-28 2027 meeting. On 21 September 2026 Kalshi last traded Fed maintains rate 63%, Cut 25bps 11%, Hike 25bps 8%.

The FOMC announces its rate decision on the second day of its June 8-9 2027 meeting. The meeting is one of the four in 2027 that comes with a Summary of Economic Projections - the "dot plot" - and a press conference. On 21 September 2026 Kalshi last traded Fed maintains rate 59%, Cut >25bps 28%, Hike 25bps 20%.

The FOMC announces its rate decision on the second day of its July 27-28 2027 meeting. On 21 September 2026 Kalshi last traded Fed maintains rate 76%, Hike 25bps 17%, Hike >25bps 10%.

The FOMC announces its rate decision on the second day of its September 14-15 2027 meeting. The meeting is one of the four in 2027 that comes with a Summary of Economic Projections - the "dot plot" - and a press conference. On 21 September 2026 Kalshi last traded Fed maintains rate 59%, Hike 25bps 20%, Cut 25bps 6%.

The United States federal fiscal year 2028 starts on 1 October 2027 - the date by which Congress must have funded the government or shut it down.

The FOMC announces its rate decision on the second day of its October 26-27 2027 meeting. On 21 September 2026 Kalshi last traded Fed maintains rate 54%, Hike 25bps 46%, Cut 25bps 7%.

The FOMC announces its rate decision on the second day of its December 7-8 2027 meeting. The meeting is one of the four in 2027 that comes with a Summary of Economic Projections - the "dot plot" - and a press conference. On 21 September 2026 Kalshi last traded Fed maintains rate 73%, Cut 25bps 13%, Hike 25bps 6%.

The UAW's contracts with General Motors, Ford and Stellantis run out on 30 April 2028 - a date the union chose so members could strike on May Day.

The five-year UPS-Teamsters agreement covering some 340,000 workers expires on 31 July 2028, and the union's president has already said a strike is coming.