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...

  • In push for top spot, Volkswagen hits labor, robot problems

    In push for top spot, Volkswagen hits labor, robot problems

    By Andreas Cremer and Jan Schwartz and Edward Taylor, Reuters

    WOLFSBURG Germany (Reuters) - In an era of automation, robotics and spotless factory floors, you dont expect to see car workers lugging metal along a production line. But at Volkswagen's main...

  • U.S. hospitals unprepared to handle Ebola waste

    U.S. hospitals unprepared to handle Ebola waste

    By Julie Steenhuysen, Reuters

    CHICAGO (Reuters) - U.S. hospitals may be unprepared to safely dispose of the infectious waste generated by any Ebola virus disease patient to arrive unannounced in the country, potentially putting...

  • New U.S. tax rules chill 'inversion' deal-making; shares dive

    New U.S. tax rules chill 'inversion' deal-making; shares dive

    By Kevin Drawbaugh and Soyoung Kim, Reuters

    WASHINGTON/NEW YORK (Reuters) - Tough new U.S. government rules on corporate "inversion" deals, aimed at making the tax-avoidance transactions less desirable, undermined share prices in nearly a...

  • U.S. forecasts more than 500,000 Ebola cases in West Africa

    U.S. forecasts more than 500,000 Ebola cases in West Africa

    By Sharon Begley and Tom Miles, Reuters

    NEW YORK/GENEVA (Reuters) - Global experts issued stark new warnings of the scale of West Africa's Ebola outbreak on Tuesday, with the U.S. government estimating between 550,000 and 1.4 million...

  • Rousseff gains in Brazil presidential race as Silva slips

    Rousseff gains in Brazil presidential race as Silva slips

    By Anthony Boadle, Reuters

    BRASILIA (Reuters) - President Dilma Rousseff has regained the edge in Brazil's presidential race after weeks of aggressive campaigning against environmentalist Marina Silva, who has lost ground...