Budget Battles
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Blowout Job Growth Points to ‘Mother of All Soft Landings’
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Cost Estimates Soar for Hurricane Helene
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Feds Warn Emergency Funds Running Low as Biden Deploys Troops to Southeast
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Speaker Johnson Outlines 5-Point Republican Agenda for 2025
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Biden May Call Congress Back to Pass Hurricane Relief
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Harris Tries to Flip Trump’s Biggest Advantages
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US Economy Stronger Than Previously Thought
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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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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,...
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Trump's Coal Job Push Stumbles in Most States
By Valerie Volcovici, ReutersWASHINGTON (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...
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Trump Tries to Sell Tax Reform to Democrats
By David Morgan, ReutersWASHINGTON (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...
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Trump's drug czar nominee withdraws from consideration
By Sarah N. Lynch and Makini Brice, ReutersWASHINGTON (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...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
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U.S. consumer finance agency expected to punish Equifax: lawyers
By Reuters and Patrick RuckerBy Lisa Lambert and Patrick Rucker WASHINGTON (Reuters) - The U.S. consumer finance watchdog agency is expected to punish Equifax for its cyber breach with the wide-ranging powers it has used with...
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U.S. incomes, poverty rate bounce back to pre-recession levels in 2016
By ReutersBy Susan Heavey WASHINGTON (Reuters) - The U.S. poverty rate fell for the second straight year in 2016 while median income rose to an all-time high of $59,000 as the economy made up ground lost...
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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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Congress sends Trump disaster aid, debt limit increase
By Richard Cowan and Amanda Becker, ReutersWASHINGTON (Reuters) - The U.S. House of Representatives approved a bill to provide disaster aid, extend the debt ceiling and fund the federal government for three months on Friday, delivering on...
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The Walls Are Closing In as Allies Abandon Trump
By Rob GarverThings have looked grim for Donald Trump’s future more than once in his relatively brief career as a politician. But on Wednesday, the cracks in the edifice of his public standing were really...
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Here’s Why Trump Deserves Credit for the Stock Market Surge
By Liz PeekAs of Tuesday, the Dow Jones Industrial Average had scored record highs for nine days in a row; the gains are driving anti-Trumpers crazy. Though the president’s boasts are not always accurate,...
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The Real Reason Stocks Are Hitting Record Highs
By Ron Insana, CNBCPresident Trump has made note of the record run in the market, suggesting that the administration's economic agenda is responsible for the strength in stocks. During a press conference on Wednesday,...
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Trump's New Fed Nominee Could Be a Seismic Shock to the System
By Jay L. Zagorsky, The ConversationPresident Donald Trump on July 10 nominated Randal Quarles to be one of the seven governors of the Federal Reserve System , the central bank of the United States. Before I get to Quarles and his...
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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...