Markets

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...

  • A customer fills up a bag with nuts at the Original Unverpackt (Original Unpacked) zero-waste grocery store in Berlin's Kreuzberg district September 16, 2014. REUTERS/Fabrizio Bensch

    Canada sees Burger King/Tim Hortons decision before Christmas

    By Julie Gordon, Reuters

    VANCOUVER (Reuters) - The Canadian government will decide before Dec. 25 on whether to approve the takeover by U.S.-based Burger King Worldwide Inc of Canada's iconic coffee-and-donut Tim Hortons Inc...

  • A videographer films an electronic board showing the Japan's Nikkei average and related indexes is seen next to a computer showing the market indexes at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, July 9, 2015. REUTERS/Yuya Shino

    Euro drops as Draghi raises stimulus hopes

    By Karen Brettell, Reuters

    NEW YORK (Reuters) - The euro fell sharply on Friday after European Central Bank chief Mario Draghi said inflation expectations were declining to levels that were very low, keeping the door open for...

  • Martin Blessing (R), CEO of Germany's second largest business bank, Commerzbank AG and European Central Bank (ECB) President Mario Draghi react before the start of the the European Banking Congress in the Old Opera house in Frankfurt, November 21, 2014. R

    Draghi throws ECB door open to money printing as global prospects dim

    By John O'Donnell and Eva Taylor, Reuters

    FRANKFURT (Reuters) - European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use...

  • Aereo CEO and Founder Chet Kanojia departs the U.S. Supreme Court in Washington April 22, 2014. REUTERS/Jonathan Ernst

    Video streaming service Aereo files for bankruptcy

    By Tanya Agrawal and Jonathan Stempel, Reuters

    NEW YORK (Reuters) - Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. The Chapter 11 filing on Thursday night came five months...

  • FILE PHOTO: Political and climate activist Tom Steyer speaks while taking part in a protest against U.S. President Donald Trump and Republican congressman Darrell Issa (R-Vista) outside Issa's office in Vista, California, U.S., October 31, 2017. REUTERS/

    Walmart workers announce Black Friday protest locations

    By Reuters

    Wal-Mart Stores Inc, owner of Walmart stores and the largest private employer in the United States, has been at the center of the debate over proposals to raise the minimum wage. The group, which...