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...

  • Why the Jobs Recovery Is Fading Fast

    By Jeff Cox, CNBC

    Evidence is mounting that the jobs recovery's best days are in the rear view mirror. Recent Labor Department indicators show that the employment market is tightening, with both fewer job openings and...

  • Cracks in the Bond Market Show We’re Nearing the End of a Good Run

    By Anthony Mirhaydari

    Stocks ended last week on a high note. The Dow Jones Industrial Average crossed back over and pushed away from the 17,000 level. Precious metals have been on the move. Recent laggards in areas like...

  • Larry Born, a former Walmart employee from Park Forest, Illinois, takes part in a demonstration for higher wages and better working conditions, outside of a Walmart during Black Friday shopping in Chicago November 28, 2014. REUTERS/Andrew Nelles

    Here's Why Wal-Mart's Stock Tumbled This Week

    By Brian Sozzi, The Street

    "Now, when it comes to Wal-Mart, there's no two ways about it: I'm cheap," wrote Wal-Mart ( WMT - Get Report ) founder Sam Walton in his 1992 memoir "Sam Walton: Made in America." If the notoriously...

  • Why the Dollar's 'Death Cross' Is Good News for Stocks

    By Anthony Mirhaydari

    The Dow Jones Industrial Average has fallen below the 17,000 level again while the Russell 2000 looks set to confirm a scary looking five-month downtrend pattern. The bulls have stepped in again. If...

  • A person walks outside a Wal-Mart store in Mexico City January 11, 2013. REUTERS/Edgard Garrido

    Is the Economy Losing Momentum?

    By Lucia Mutikani, Reuters

    U.S. retail sales barely rose in September and producer prices recorded their biggest decline in eight years, raising further doubts about whether the Federal Reserve will raise interest rates this...