Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Bannon Is Out, but Economic Nationalism Still Thrives at the White House
By Linette Lopez, Business InsiderJust because Steve Bannon is out of the White House, doesn't mean that his ideas are gone — especially when it comes to economics.
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More Good News on Jobs Gives the Fed a Green Light to Start Unwinding
By Lucia Mutikani, ReutersThe number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labor market that could encourage the Federal Reserve to lay...
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The Walls Are Closing In as Allies Abandon Trump
By Rob GarverThings have looked grim for Donald Trump’s future more than once in his relatively brief career as a politician. But on Wednesday, the cracks in the edifice of his public standing were really...
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Household Debt in the US Just Hit an All-Time High
By Jonathan Spicer, ReutersAmericans' debt level notched another record high in the second quarter, after having earlier in the year surpassed its pre-crisis peak, on the back of modest rises in mortgage, auto and credit card...
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Trump Is Headed for a Collision With the Auto Industry as NAFTA Talks Loom
By David Lawder, ReutersThe Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23-year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with...
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Here’s Why Trump Deserves Credit for the Stock Market Surge
By Liz PeekAs of Tuesday, the Dow Jones Industrial Average had scored record highs for nine days in a row; the gains are driving anti-Trumpers crazy. Though the president’s boasts are not always accurate,...
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Are You Rich? Tax Reform May Answer That Question for You
By YLAN Q. MUI, CNBCWhether to raise taxes on the rich is one of the thorniest issues in tax reform. Underlying that debate is an even more fundamental question: Who exactly qualifies as wealthy? Everyone can agree that...
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A New Report Shows Why The 10-Year Jobs Crisis Is Effectively Over
A new report by the Hamilton Project at the Brookings Institution has good news: "With [yesterday's] employment report, we can report that the national jobs gap relative to November 2007 has closed (...
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Is Wage Growth Finally Coming for American Workers?
By Jeff Cox, CNBCWage growth has been the missing link throughout a period that has produced more than 18.5 million new jobs, including 209,000 in July. But Amy Glaser, who helps run Adecco Staffing, believes the...
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Trump May Be in a Legislative Slump, but His Energy Agenda Is Getting Lots of Hits
By Tom DiChristopher, CNBCPresident Donald Trump may be fuming over Republicans' failure to repeal and replace Obamacare, but he can certainly take solace in the GOP's swift overhaul of the Obama administration's energy and...
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U.S. retailers face pressure to raise cybersecurity spending
By Dhanya Skariachan and Phil Wahba, ReutersNEW YORK (Reuters) - Target Corp's decision to speed up a $100 million program to adopt the use of chip-enabled smart cards is just a drop in the bucket when it comes to what retailers need to do to...
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Thai protest leader mocks, PM defends rice-buying scheme
By Amy Sawitta Lefevre and Pracha Hariraksapitak, ReutersBANGKOK (Reuters) - Thailand's fiery protest leader denounced the government's battered rice-buying scheme as corrupt and the prime minister leapt to its defense on Wednesday, days after an election...
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Morgan Stanley to pay $1.25 billion to resolve mortgage lawsuit
By Reuters(Reuters) - Morgan Stanley said it would pay $1.25 billion to the U.S. regulator for Fannie Mae and Freddie Mac to settle a lawsuit related to the sale of mortgage-backed securities. The Wall Street...
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U.S. trade relationships need an 'upgrade': Pritzker
By Christine Murray and Julia Symmes Cobb, ReutersMEXICO CITY (Reuters) - The North American Free Trade Agreement (NAFTA) and other U.S. trade relationships are outdated and need an "upgrade", U.S. Commerce Secretary Penny Pritzker said on Tuesday...
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Costa Rica's surprise frontrunner favors eventual tax hike
By Alexandra Alper, ReutersSAN JOSE (Reuters) - A center-left former diplomat who has emerged as the surprise leader of Costa Rica's presidential race vows if he wins a runoff vote to prepare the ground for eventual tax hikes...