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...

  • Gold bars are displayed at the headquarters of Mitsubishi Materials Corporation in Tokyo January 9, 2008. Gold hit a historic high for a second straight day on Wednesday as investment funds ploughed money into the market on the metal's bullish trend, supp

    Gold on a Roll and It Could Go Higher

    By Matt Clinch, CNBC

    Gold enjoyed its third straight session of gains on Monday with industry experts predicting a little more shine for the precious metal with the Chinese holiday period just around the corner. The...

  • Stocks Poised for More Upward Momentum

    By Ashley Lau, Reuters

    Stocks in the U.S. are poised for more upward momentum even as uncertainty over oil prices and Greek debt negotiations keeps the market on tenterhooks, analysts say. Strong fourth-quarter U.S...

  • Four places to put money you’ll need shortly.

    The Dueling Styles of Two Billionaire Investors

    By Lawrence Delevingne, CNBC

    It's man versus machine when Bill Ackman meets Ray Dalio. They are two of the most successful investors in the world, amassing billions of dollars in personal wealth through their hedge fund firms, $...

  • Investors Crown New Winners in Bond Fund Battle

    By Amey Stone

    Mutual fund companies Janus and Pimco now have something odd in common — and we’re not talking about erstwhile bond king Bill Gross. Both mutual fund companies suffered fund outflows in January,...

  • Will the Nasdaq Finally Top Its 2000 High?

    By Amey Stone

    It’s been 15 years, but the tech-laden index is finally approaching former tech-bubble levels