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...

  • Pedestrians with umbrellas walk past an electronic board showing Japan's Nikkei average (top middle L) and the exchange rates between the Japanese yen and the U.S. dollar (top middle R), outside a brokerage in Tokyo November 11, 2014. REUTERS/Yuya Shino

    U.S. stocks slip from records; oil falls

    By Richard Leong and Hideyuki Sano, Reuters

    NEW YORK (Reuters) - U.S. equity prices edged off record highs on Wednesday led by weakness in the financial sector after six global banks were fined a total of $4.3 billion for currency rigging,...

  • World too complex for smart beta: James Saft

    By James Saft, Reuters

    (Reuters) - Ironically, the simple truth may be that the world is more complex and less stable than popular smart beta strategies assume. Smart beta strategies have enjoyed rampant growth, being...

  • A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo, file. REUTERS/Kim Kyung-Hoon

    IMF says euro zone growth could be worse than expected

    By Reuters

    The IMF's warning echoes an increasing fear among global policymakers that Europe is not on track to spur economic growth, something that should be a key topic for discussion when leaders of the...

  • U.S. Senate minority leader Mitch McConnell holds a news conference on the day after he was re-elected to a sixth term to the U.S. Senate at the University of Louisville in Louisville, Kentucky, November 5, 2014. REUTERS/John Sommers II

    Republicans vow EPA fight as Obama touts China climate deal

    By Valerie Volcovici and David Lawder, Reuters

    WASHINGTON (Reuters) - Republican congressional leaders on Wednesday wasted no time in criticizing what they called President Barack Obama's "one-sided" climate deal with China, using the...

  • International Monetary Fund (IMF) Managing Director Christine Lagarde (R) takes her seat with (from L) World Bank President Jim Yong Kim, World Bank's Vice President Jorge Familiar Calderon, Luxembourg's Finance Minister Luc Frieden, and IMF Secretary of

    Mexico central bank to adjust growth forecast next week: Carstens

    By Noe Torres, Reuters

    MEXICO CITY (Reuters) - Mexico's Central Bank will adjust its annual growth forecast next week, Gov. Agustin Carstens said on Wednesday, though many analysts have already scaled back their own...