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...

  • Wall Street Will Look to Fed for Global Risk Impact

    By Caroline Valetkevitch, Reuters

    The Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European...

  • 4) McDonald's

    Big Changes Coming to McDonald’s Menu

    By Katie Little, CNBC

    The next time you walk into a McDonald's , the menu will likely look a little different. This week, the fast food giant is rolling out its newly simplified menu, which features fewer items in order...

  • New Saudi King Salman attends a ceremony with world leaders offering their condolences following the death of the late Saudi King, Abdullah bin Abdulaziz, at the Diwan royal palace in Riyadh January 24, 2015. REUTERS/Yoan Valat/Pool

    What Saudi Arabia’s New King Means for Oil Prices

    By Nick Cunningham, Oilprice.com

    “Everyone tells us to cut. But I want to ask you, do we produce at higher cost or lower costs? Let's produce the lower cost oil first and then produce the higher cost,” OPEC Secretary General...

  • The Heated Battle to Tax Electronic Cigarettes

    By Elaine S. Povich, Stateline

    SUNSET, Utah - Taking a long inhale and blowing a cloud of vapor, Jason Jones, who has owned the Vapor Mania store here since 2011, considered what a tax would do to his business, which includes...

  • Why Mario Draghi’s Massive QE May Not Be Enough

    By Anthony Mirhaydari

    Well, it finally happened. On Thursday morning the European Central Bank expanded its stimulus program to include purchases of Eurozone sovereign bonds. The program, informally labeled "quantitative...