Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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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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IMF cuts U.S. growth outlook, says full employment years off
By Anna Yukhananov, ReutersWASHINGTON (Reuters) - The International Monetary Fund cut its growth forecast for the United States on Monday and said the economy would not reach full employment until the end of 2017, allowing...
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Russia cuts off gas to Ukraine as Kiev orders border secured
By Natalia Zinets and Vladimir Soldatkin, ReutersKIEV/GORKI Russia (Reuters) - Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace between the former...
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Russia's Gazprom reduces gas to Ukraine after deadline passes
By Maria Kiselyova and Denis Pinchuk, ReutersMOSCOW (Reuters) - Russian natural gas exporter Gazprom reduced supplies to Ukraine on Monday after Kiev failed to meet a deadline to pay off its gas debts in a dispute that could disrupt supplies to...
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Siemens and Mitsubishi challenge GE with Alstom offer
By Jens Hack and Natalie Huet, ReutersMUNICH/PARIS (Reuters) - Germany's Siemens and Japan's Mitsubishi Heavy Industries presented a joint offer to France's Alstom on Monday that included 7 billion euros ($9.5 billion) in cash,...
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Russia's Gazprom says Ukraine fails to pay debt by deadline
By ReutersMOSCOW (Reuters) - Russia's Gazprom GAZP.MM said on Monday Ukraine had failed to pay at least part of its gas debts by a 0600 GMT deadline and would now have to pay up front for deliveries. It said...