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...

  • The Nokia headquarters is seen in Espoo, Finland, July 28, 2015. REUTERS/Mikko Stig/Lethikuva

    Nokia revives the brand with launch of iPad lookalike

    By Jussi Rosendahl, Reuters

    HELSINKI (Reuters) - Finland's Nokia launched a new brand-licensed tablet computer on Tuesday which is designed to rival Apple's iPad Mini, just six months after the company sold its ailing phones...

  • An employee of the Tokyo Stock Exchange (TSE) works at the bourse in Tokyo August 26, 2015. REUTERS/Yuya Shino

    Japan can't print people: James Saft

    By James Saft, Reuters

    (Reuters) - Japan’s attempts, through Abenomics, to beat back against the tide of demographics may be proving futile. Japan has lapsed into its fourth recession since 2008, with its economy...

  • Bahrain investment firm Arcapita completes $100 million fundraising

    By Reuters

    The money will help Arcapita to make investments in the Gulf region as well as in international markets including United States, Asia and Europe, it said in a statement on Tuesday. Arcapita went...

  • FILE PHOTO - John Griffith-Jones, the former Chairman designate of the Financial Conduct Authority (FCA) attends a Thomson Reuters Newsmaker event, in the Canary Wharf business district of east London October 16, 2012. REUTERS/Andrew Winning

    British EU exit debate scaring off investment - Hermes funds

    By Chris Vellacott, Reuters

    LONDON (Reuters) - Political rhetoric raising the possibility that Britain may leave the European Union could already be deterring foreign investment and harming London's financial services industry...

  • Customers shop in the F&F clothing department at a Tesco Extra supermarket in Watford, north of London August 8, 2013. REUTERS/Suzanne Plunkett

    British inflation edges up in October from five-year low

    By William Schomberg and Andy Bruce, Reuters

    LONDON (Reuters) - British inflation edged up in October from a five-year low but prices are expected to weaken again soon, underscoring why the Bank of England is signaling it won't start to raise...