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. Senator John McCain listens during a news conference in Riga in this April 15, 2014 file photo. REUTERS/Ints Kalnins/Files

    The Kremlin allies behind the RD-180 rocket engine

    By Brian Grow and Stephen Grey and Roman Anin and Stephen Grey and Brian Grow and Roman Anin, Reuters

    MOSCOW/WASHINGTON (Reuters) - He has money, media power and the ear of President Vladimir Putin. Such is his influence that some observers have described Yuri Kovalchuk as the Rupert Murdoch of...

  • FILE PHOTO: A worker cycles near a factory at the Keihin industrial zone in Kawasaki, Japan, November 15, 2017. REUTERS/Toru Hanai/File Photo

    Euro gains on sentiment data, yen weakens

    By Karen Brettell, Reuters

    NEW YORK (Reuters) - The U.S. dollar weakened against the euro on Tuesday on a better than expected survey of German sentiment and gained against the yen after Japanese Prime Minister Shinzo Abe said...

  • Investors Are Teed Off About Absent CEO Golf Addicts

    By Marine Cole

    Though plenty of business gets done on the links, CEOs who golf frequently are associated with firms that have lower operating performance and firm values, according to a new study.

  • Hennessy Funds adds JC Penney, JetBlue as bet on U.S. consumers

    By David Randall, Reuters

    NEW YORK (Reuters) - Hennessy Funds has been buying shares of J.C. Penney Company Inc and JetBlue Airways Corp as part of a bet on middle-income American consumers, portfolio manager Brian Peery said...

  • Kimberly McGarry joins OCC as chief financial officer

    By Reuters

    McGarry joins OCC from First Midwest Bank where she was senior vice president and chief accounting officer. Founded in 1973, OCC was formerly known as the Options Clearing Corp. (Reporting by Anannya...