Sectors + Companies

Budget Battles

  • Senator Ben Cardin (D-MD) arrives at Democratic Party caucus meeting on Capitol Hill in Washington, U.S., January 19, 2018. REUTERS/Yuri Gripas/ File Photo

    Factbox: What happens in a U.S. government shutdown?

    By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, Reuters

    In shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...

  • FILE PHOTO: A pharmacist holds prescription painkiller OxyContin at a local pharmacy in Provo

    Delaware Sues Opioid Manufacturers, Distributors Over Epidemic

    By Nate Raymond, Reuters

    (Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...

  • usFILE PHOTO: A bulldozer moves coal at the Murray Energy Corporation port facility in Powhatan Point, Ohio

    Trump's Coal Job Push Stumbles in Most States

    By Valerie Volcovici, Reuters

    WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...

  • FILE PHOTO - Treasury Secretary Steve Mnuchin listens as U.S. President Donald Trump hosts a tax reform industry meeting at the White House in Washington, U.S., October 31, 2017. REUTERS/Kevin Lamarque

    Trump Tries to Sell Tax Reform to Democrats

    By David Morgan, Reuters

    WASHINGTON (Reuters) - President Donald Trump intensified his efforts to sell Democrats on his tax reform plan on Wednesday even as Senate Republicans edged closer to passing a budget measure that...

  • FILE PHOTO: U.S. Homeland Security Secretary Jeh Johnson (L) listens to Representative Tom Marino (R-PA) (R) before a House Judiciary committee hearing on the 'Oversight of the US Department of Homeland Security' on Capitol Hill in Washington July 14, 20

    Trump's drug czar nominee withdraws from consideration

    By Sarah N. Lynch and Makini Brice, Reuters

    WASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...

  • Successful Bailouts Made Money for the Government

    By John Berry, The Fiscal Times

    The Federal Reserve just got back the last $47 billion of the money it had loaned to American International Group in 2008 under an $85 billion line of credit that was part of the desperate effort to...

  • Two Agencies to Oversee Offshore Drilling

    By DARRYL FEARS, The Washington Post

    The Obama administration continued to shake up the agency that oversees oil and natural gas drilling, announcing a plan Wednesday to create separate offices to promote energy development and enforce...

  • Detroit’s Electric Recovery

    By Adam Aston, The Fiscal Times

    After two years of teetering near bankruptcy, U.S. automakers showed their improved health with a bevy of electric cars at the Detroit auto show.

  • Capitalism Paves the Way for Germany’s Strong Recovery

    By Dan Morgan, The Fiscal Times

    A return visit to Germany shows that much has changed in 20 years and despite some problems, the country seems to have found the path to economic success.

  • Housing Crisis Stalls Energy Efficient Home Loans

    By Adam Aston, The Fiscal Times

    An innovative program to encourage homeowners to improve the energy efficiency of their homes has run into trouble because of a federal agency’s concerns about the credit risks involved.