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...

  • Stocks Have Scores of Reasons for New Volatility

    By Patti Domm, CNBC

    Stocks, stuck in their own zigzag pattern, remain vulnerable to the whims of unusually volatile currencies in the week ahead. As financial markets adjust to the Fed's latest guidance on rates,...

  • Now Is a Great Time to Buy a European Castle

    By Robert Frank, CNBC

    Looking for your own Irish castle? Always wanted your own medieval monastery in Tuscany? How about a palace in Provence? Luxury real estate in Europe has gotten a lot cheaper in recent months with...

  • <p>Improve incentives for saving by low-income households by expanding use of behavioral approaches and incentives; reduce inefficient tax expenditures for higher-income households.</p> <p> <strong>Broader benefits to U.S. economy</strong>

    Why You Don’t Always Need to be Invested in the Market

    By Raul Elizadale, AdviceIQ

    Have you heard the one about how bad it is to miss the top-performing stock market days? This warning is usually coupled with the standard advice that you should be invested all the time. But the...

  • The Pros and Cons of Holding Large Stakes in Apple

    By David Randall, Reuters

    At more than 15 percent of his fund's assets, John Burnham, manager of the $136 million Burnham Fund, has a larger stake in Apple Inc than any other diversified fund. "I think they are doing...

  • Interest Rate Anticipation Rattles the Markets

    By Patti Domm, CNBC

    The Federal Reserve in the coming week may finally signal it is on a course to raise interest rates for the first time in nine years. Anticipation of a change in its more than 6-year-old zero-rate...