Budget Battles
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‘A Good Day for America’: Biden Signs $95 Billion Foreign Aid Bill
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Senate Advances $95 Billion Foreign Aid Package
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GOP Infighting Continues as Senate Heads for Aid Vote
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News Alert: House Approves $95 Billion Aid Package for Ukraine, Israel and Taiwan
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Dems Help Save Johnson's Aid Package for Israel, Ukraine
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Johnson Rejects a Plan to Save His Speakership
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Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
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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, ReutersIn 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...
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No Talk of Ousting Speaker Ryan, Key Conservative Says
By ReutersMany Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...
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The Crisis in Venezuela Could Send Oil Prices Soaring
By Nick Cunningham, Oilprice.comVenezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...
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The Risk That Could Drive Oil Prices Higher in a Hurry
By Nick Cunningham, Oilprice.comThe latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very...
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France Just Made a Big Move Toward a Green Energy Future
By Bate Felix and Simon Carraud, ReutersFrance aims to end the sale of gasoline and diesel vehicles by 2040 and become carbon neutral 10 years later, Ecology Minister Nicolas Hulot said on Thursday at a presentation of measures to keep up...
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Is Cash No Longer King? The Future of Paper Money
By Dana Kornberg, The ConversationOn June 27, the ATM turns 50 . Former U.S. Federal Reserve Chairman Paul Volcker once described it as the “ only useful innovation in banking .” But today, the cash that ATMs dispense may be on the...
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Why Janet Yellen Says We Don't Have to Worry About Another Financial Crisis
By William Schomberg and Marc Jones, ReutersU.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the...
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Why the Global Economy Isn't Even Close to Kicking Its Addiction to Oil
By Robert Rapier, Oilprice.comThe notion that demand for crude oil will soon peak has largely replaced the idea from a decade ago that crude oil production was about to peak for geological reasons. This new idea is that we will...
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A Trillion Dollar Plan to Rebuild the World Makes China the New Global Leader
While most of the world wonders nervously what’s next from the Trump White House, the confident China President Xi Jinping is shifting his bid for global leadership into a full-court press.
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Why We Hate Our Jobs -- and How We Can Learn to Love Work Again
By Jim CliftonWhile the world’s workplace is going through extraordinary change, the practice of management has been frozen in time for more than 30 years.
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Lessons for the U.S. from Germany’s Growth Machine
Despite predictions that the German economy would stall in the wake of the Greece bailout, domestic austerity measures and slowing global growth, Germany has emerged as Europe’s growth leader, thanks...
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Shadow Markets: Danger Ahead for the U.S. Economy
By Maureen Mackey, The Fiscal TimesA new book exposes the banking underworld and how they have created a powerful network of super-rich investment vehicles, including wealth funds, government-run corporations, private equity funds,...
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Russian Wheat Embargo Likely to Raise Global Food Costs
By Dan Morgan, The Fiscal TimesPresident Putin banned wheat exports after drought turned into disaster for the wheat harvest, sending grain prices soaring and sparking concerns about the cost of food worldwide.
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Tax Havens: Offshore Operations Cost U.S. Billions
By Michelle Hirsch, The Fiscal TimesCompanies can save big bucks by shifting operations to offshore locations, a loophole in the U.S. tax code that some lawmakers are seeking to close.
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New Study Says America is Losing its Innovative Edge
By David Ewing Duncan, The Fiscal Times, The Fiscal TimesAre Americans losing their creativity and falling behind on innovation? It’s easy to suppose the decline of the American mind, but evidence suggests otherwise.