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

    Stocks Aren’t in a Bubble …Yet

    By Anthony Mirhaydari

    Equities have gotten a little shaky this week as the machinations of Greek bailout negotiations continue. But let's not forget that the Nasdaq Composite recently eclipsed its dot-com era highs. Or...

  • The logo of Ikea is seen outside the Ikea Concept store, run by Inter Ikea brand and concept in Delft, the Netherlands March 16, 2016. REUTERS/Yves Herman

    IKEA: Higher Wages Are Good for Business

    By Michelle Fox, CNBC

    Ikea's decision to raise its minimum hourly wage in U.S. stores for the second year in a row not only benefits employees, but the company as well, the Swedish furniture store chain's U.S. chief...

  • Vacation Mansions

    Foreign Buyers Set Record for U.S. Real Estate Buys

    By Robert Frank, CNBC

    Overseas buyers snapped up more than $100 billion in U.S. real estate over the past year, as the foreign wealthy sought safe shelter for their fortunes. According to the National Association of...

  • Betsy Ross

    10 Women Who Could Be on the New $10 Bill

    By Suelain Moy

    U.S. Treasury Secretary Jack Lew announced Wednesday that a woman will appear on a new, redesigned $10 bill in 2020. The redesign will commemorate the 100 th anniversary of the 19 th Amendment to the...

  • Money

    Move Over, Alexander. Here’s Who We Want to See on the $10 Bill

    By Jackie Leo, The Fiscal Times

    After 87 years of staring Alexander Hamilton in the face every time we take a $10 bill out of our wallets, the U.S. Treasury Department has decided it’s time to nudge him aside with the image of a...