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...

  • After the Market Wipeout, All Eyes on Earnings

    By Patti Domm, CNBC

    Stocks could chop around and rack up more losses in the week ahead, as the next wave of corporate earnings reports shows just how much the strong dollar has crimped sales growth. Traders will also be...

  • Do Three Hot IPOs Signal a New Market Trend?

    By Suzanne McGee, The Fiscal Times

    Just as one swallow doesn’t make a spring, a handful of successful initial public offerings don’t signal that the long winter chill in the market for venture capital-backed IPOs is at an end. In fact...

  • Why Most Boomers Are Not Retirement Ready

    By Kelley Holland, CNBC

    Baby boomers' confidence in a good retirement is plummeting, according to a survey released Monday. The Insured Retirement Institute survey found that 27 percent of baby boomers are confident they...

  • U.S. takes first step toward fracking disclosure rules

    Low Natural Gas Prices: Winners and Losers

    By Charles Kennedy, Oilprice.com

    While everyone is watching oil prices bounce around at low levels, natural gas prices are also at their lowest levels in years. Crude oil is filling up in storage tanks around the country, but...

  • Here’s What Will Rock the Stock Market Next

    By Patti Domm, CNBC

    Earnings season may not give investors that warm and fuzzy feeling this quarter. For the first time in six years, earnings are in a real decline, expected to be negative with a 2.9 percent drop in S...