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...

  • Why Investors Are Moving to Cash

    By Jeff Cox, CNBC

    Investors are going to the mattresses, stuffing their money away until they get better clarity on the Fed's intentions for interest rates. Of course, the move hasn't been to actual mattresses but an...

  • The Big Problem with ‘The Big Short’

    By David Dayen

    Too many crisis narratives write ordinary people out of the picture, which actually makes us more vulnerable to a replay. That’s especially true because the new dangers won’t come from the same place.

  • A woman pumps gas at a station in Falls Church, Virginia December 16, 2014. REUTERS/Kevin Lamarque

    Why Texans Are Buying Mexican Gasoline

    By Michael McDonald, Oilprice.com

    The world is changing fast in the energy industry and for no company is that truer than Mexican National Oil Company Pemex. After decades of bloated operations and mismanagement, Pemex has made major...

  • A Key Measure of the Mortgage Market Is on Track to Finally Recover in 2016

    By Janna Herron

    Six and half years after the end of the Great Recession and five years since foreclosures peaked, the mortgage delinquency rate is finally expected to normalize by the end of next year, according to...

  • Oil pumps are seen at a MAX oil station in Yangon April 21, 2014. REUTERS/Soe Zeya Tun

    Here’s How Low Gas Prices Could Go

    By Krysia Lenzo, CNBC

    Thanks to a global supply glut that has sent oil prices tumbling, average U.S. gasoline prices could drop to $2 a gallon by this weekend. "We are looking at a likelihood of a $1.79 to $1.99 gallon...