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...

  • Colored ticker board

    Here’s What Will Get Stocks Back on Track in 2016

    By Anthony Mirhaydari

    Cold weather is heating up the U.S. stock market As crude oil prices rebounded from 12-year lows reached earlier last week, climbing back above $31 a barrel on hopes that cold temperatures in the U.S...

  • U.S. Federal Reserve Chair Janet Yellen holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington March 16, 2016. REUTERS/Kevin Lamarque

    Will Market Volatility Change Minds at the Fed?

    By SARAH WHITE, Reuters

    For more clues as to how slumping oil prices and a faltering Chinese outlook could sway policymakers in the coming months, look no further than January's meeting of U.S. Federal Reserve rate setters...

  • FILE PHOTO - Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 26, 2018. REUTERS/Brendan McDermid

    Wall Street Slides Again as Oil Prices Drop

    By Reuters and Abhiram Nandakumar

    The Dow Jones industrial average <.DJI> fell 248.87 points, or 1.55 percent, to 15,767.15, the S&P 500 <.SPX> lost 21.92 points, or 1.17 percent, to 1,859.41 and the Nasdaq Composite...

  • Attendees use their mobile device during the annual meeting 2016 of the WEF in Davos

    Market Turmoil Rattles the Halls of Davos

    By Kirsten Donovan and Elizabeth Piper, Reuters

    Blood-letting in global markets is dominating corridor talk as business leaders and policymakers meet in Davos, although so far the view is that it doesn't signal a financial crisis. As the World...

  • Federal Reserve Chairman Janet Yellen speaks during a news conference after a two-day Federal Open Markets Committee (FOMC) policy meeting, in Washington, U.S., September 20, 2017. REUTERS/Joshua Roberts

    Will the Fed Ride to Investors’ Rescue?

    By Anthony Mirhaydari

    For investors, 2016 has been a bloodbath so far. And it's likely to get worse before it gets better. The Dow has fallen below 16,000. The small-caps in the Russell 2000 are down 22.3 percent from...