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...

  • Jack Ma, Executive Chairman of Alibaba Group, speaks at the WSJD Live conference in Laguna Beach, California October 27, 2014. REUTERS/Lucy Nicholson

    Alibaba will sell debut bond on Thursday

    By Danielle Robinson and John Balassi, Reuters

    NEW YORK (IFR) - Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around $8 billion in size that comes just two months after the company's...

  • A visitor walks past displays of Takata Corp at a showroom for vehicles in Tokyo November 5, 2014. REUTERS/Toru Hanai

    Autopsy says air bag in Honda to blame for Florida woman's death

    By Ben Klayman and Ben Klayman, Reuters

    DETROIT (Reuters) - Shards from a ruptured Takata-made air bag killed the driver of a Honda Accord after a traffic accident in Florida, according to the final autopsy report, the first official...

  • Jim O'Shaughnessy, Chairman and CEO of O'Shaughnessy Asset Management , speaks during the Reuters Global Investment Outlook Summit in New York, November 19, 2014. REUTERS/Brendan McDermid

    Energy, telecom stocks offer opportunities: O'Shaughnessy

    By Luciana Lopez, Reuters

    NEW YORK (Reuters) - Despite record levels in U.S. stocks, pockets of value remain in equities, including energy companies, telecoms and microcap corporations, the head of O'Shaughnessy Asset...

  • A price sign is displayed at a Dollar General store in Arvada, Colorado June 2, 2009. REUTERS/Rick Wilking

    Dollar General, Family Dollar still in talks with FTC

    By Reuters

    Family Dollar, which has opted for a lower cash-and-stock offer from Dollar Tree Inc, said on Wednesday it has postponed a shareholders' meeting to Dec. 23 from Dec. 11. Family Dollar said it expects...

  • FILE PHOTO - Terry Lundgren speaks during an interview with CNBC on the floor of the New York Stock Exchange January 29, 2015. REUTERS/Brendan McDermid

    Wall Street edges lower as Fed minutes offer few clues on rates

    By Caroline Valetkevitch, Reuters

    NEW YORK (Reuters) - U.S. stocks edged lower on Wednesday as minutes from the most recent Federal Reserve meeting gave investors few new clues as to when U.S. interest rates may rise. The S&P 500...