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 woman walks past teller machines at a Wells Fargo bank in San Francisco, California October 10, 2013. REUTERS/Robert Galbraith

    Wells Fargo prods elite bankers, brokers to share more clients

    By Jed Horowitz, Reuters

    (Reuters) - Battles between brokers and private bankers for very wealthy clients have always been fierce, but Wells Fargo & Co is changing its rules to encourage partnerships of the two rivals...

  • Georgia sues feds in escalating water wars in U.S. Southeast

    By David Beasley, Reuters

    ATLANTA (Reuters) - Atlanta's growing thirst for water prompted Georgia officials on Friday to sue the U.S. Army Corps of Engineers over a request to tap more deeply into a lake critical to Alabama,...

  • People are reflected in a board showing market indices in Tokyo July 28, 2015. REUTERS/Thomas Peter

    Dollar slips, global stocks flat after U.S. jobs data

    By Herbert Lash, Reuters

    NEW YORK (Reuters) - The dollar slipped and global equity markets were little changed on Friday after the U.S. jobs report for October trailed expectations even while showing solid growth, taking the...

  • FILE PHOTO - The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst

    SEC OKs Eaton Vance's new breed of ETFs, shares jump

    By Ashley Lau and Rishika Sadam, Reuters

    (Reuters) - U.S. regulators plan to allow investment management firm Eaton Vance Corp to launch a new breed of actively managed exchange-traded funds that can keep their holdings secret for months at...

  • 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

    Dollar off four-and-a-half-year high after U.S. jobs data

    By Daniel Bases, Reuters

    NEW YORK (Reuters) - The dollar fell on Friday after a solid but below-expectation October U.S. jobs report as investors took profits on the greenback's months-long rally that has taken it to multi-...