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...

  • U.S. Securities and Exchange Commission (SEC) Director of Corporation Finance Keith Higgins (R) moderates a panel discussion at SEC headquarters in Washington November 20, 2014. REUTERS/Joshua Roberts

    SEC director with big stock holdings stirs debate

    By Sarah N. Lynch, Reuters

    WASHINGTON (Reuters) - Keith Higgins, who runs the office that reviews public companies' books at the U.S. Securities and Exchange Commission, reported stock holdings worth between about $2 million...

  • Brazil's President Dilma Rousseff attends a breakfast with journalists at the Planalto Palace in Brasilia, Brazil, January 15, 2016. REUTERS/Adriano Machado

    HSBC sees improved Brazil risk, reward as Rousseff adjusts policies

    By Guillermo Parra-Bernal, Reuters

    SAO PAULO (Reuters) - Strategists at HSBC Securities are recommending investors take on additional risk in Brazil, where equity markets sank about 30 percent from this year's peaks, on signs that...

  • FILE PHOTO: A Royal Bank of Canada (RBC) sign is seen outside of a branch in Ottawa, Ontario, Canada, May 26, 2016. REUTERS/Chris Wattie

    RBC to trim wealth management, international advisory unit

    By Reuters

    The Toronto-based bank said it has also begun a strategic review of its RBC Suisse business. RBC, Canada's No. 1 bank, said it is "realigning certain businesses within its international operations as...

  • FILE PHOTO: A Royal Bank of Canada (RBC) sign is seen outside of a branch in Ottawa, Ontario, Canada, May 26, 2016. REUTERS/Chris Wattie

    RBC to trim wealth management, international advisory unit

    By Reuters

    The Toronto-based bank said it has also begun a strategic review of its RBC Suisse business. RBC, Canada's No. 1 bank, said it is "realigning certain businesses within its international operations as...

  • Japan's Prime Minister and leader of the ruling Liberal Democratic Party (LDP) Shinzo Abe attends a news conference following a victory in the upper house elections by his ruling coalition, at the LDP headquarters in Tokyo, Japan, July 11, 2016. REUTERS/T

    Abenomics working well, slide in yen positive: Abe adviser

    By Linda Sieg and Elaine Lies and Kaori Kaneko and Sumio Ito, Reuters

    TOKYO (Reuters) - Prime Minister Shinzo Abe's economic policies are working well but the blow to the economy from an April sales tax hike has been bigger than expected, a key adviser to Abe said on...