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...

  • Same-store sales up in May, but shoppers careful

    The Best Sales at Major Retailers for July 4th

    By Kristin Colella, MainStreet

    "With liberty and sales for all!" O.K., those aren't exactly the closing words from the Pledge of Allegiance, but shoppers are certainly enjoying a surge of empowerment this week. In honor of our...

  • How Algorithms Can Beat Back Prejudice in Companies and Courts

    By Millie Dent

    The way the justice system sets bail for defendants is far from a hard science, and the numbers bear that out: African Americans between the ages of 18 and 29, for example, are given much higher bail...

  • Bill Gross, co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), speaks at the Morningstar Investment Conference in Chicago in this file photo

    Bill Gross: 6 Triggers for a Debt Crisis

    By Jeff Cox, CNBC

    Bill Gross thinks conditions are ripe for a significant liquidity crisis in the markets, and he points a finger at his old firm for its potential to be at the center of the storm. In his monthly note...

  • Carmakers Try a New Tune: Baby, You Can Share My Car

    By Suelain Moy

    It’s been a banner year for automotive sales. Industry sales are expected to top 17 million, the highest total since 2005, as the job market continues its upswing. That increase looks to be fueled in...

  • Manufacturing Gathers Steam in the Midwest

    By Nicholas Wells, CNBC

    This may come as a surprise, but they're still making things in the Midwest. While much has been made of the decline in American manufacturing since 2001, especially in the years since the Great...