Federal Budget
  • 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 - 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...

  • U.S. President Donald Trump speaks about the Iran nuclear deal in the Diplomatic Room of the White House in Washington, U.S., October 13, 2017. REUTERS/Kevin Lamarque

    Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform

    By David Morgan, Reuters

    WASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...

  • FILE PHOTO: Senator John Barrasso (R-WY) speaks during a press conference on Capitol Hill in Washington, U.S., September 12, 2017.   REUTERS/Joshua Roberts

    No Talk of Ousting Speaker Ryan, Key Conservative Says

    By Reuters

    Many Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...

  • FILE PHOTO: The U.S. Capitol Building is lit at sunset in Washington, U.S., December 20, 2016.  REUTERS/Joshua Roberts/File Photo

    Congress sends Trump disaster aid, debt limit increase

    By Richard Cowan and Amanda Becker, Reuters

    WASHINGTON (Reuters) - The U.S. House of Representatives approved a bill to provide disaster aid, extend the debt ceiling and fund the federal government for three months on Friday, delivering on...

  • Mitch McConnell and John Boehner

    They Won the Midterms—Here’s How the GOP Can Win in the Long Term

    By Caroline Baum

    Whether it was a wave, a sweep or merely a vote for a less-bad option, Republicans seized control of the U.S. Senate and increased their majority in the House of Representatives. Public polling...

  • FILE PHOTO: A 'sale' sign advertises a home in Alexandria, Virginia July 22, 2010. REUTERS/Molly Riley

    U.S. rates futures turn up briefly after U.S. jobs data

    By Lucia Mutikani, Reuters

    Federal funds futures for July 2015 delivery were last unchanged on the day at 99.76 after hitting a session high at 99.77 after the latest jobs report. Fed funds futures implied traders have not...

  • Bank of France Governor Christian Noyer attends a conference of central bankers hosted by the Bank of France in Paris November 7, 2014.   REUTERS/Charles Platiau

    ECB's balance sheet expansion no target: Weidmann

    By Leigh Thomas and David Milliken, Reuters

    Weidmann said during a coffee break that there were no tensions with ECB President Mario Draghi and that balance-sheet expansion was an "expectation, not a target", Credit Agricole economist Frederik...

  • Bank of Japan Governor Haruhiko Kuroda attends a conference of central bankers hosted by the Bank of France in Paris November 7, 2014. REUTERS/Charles Platiau

    IMF's Lagarde calls for rethink of EU fiscal goals

    By Reuters

    Referring to the EU's ceilings for public debt of 60 percent of gross domestic product, Lagarde said: "It could well be that some of those numbers - the 60 percent in particular - may need some...

  • Bank of Japan Governor Haruhiko Kuroda attends a conference of central bankers hosted by the Bank of France in Paris November 7, 2014. REUTERS/Charles Platiau

    Central bankers speak at Bank of France symposium

    By Reuters

    IMF'S LAGARDE "If I was to describe to you the current (economic) situation, I would say fragile, brittle, fragmented." ON ECB STATEMENT "(It) is perfectly legitimate and appropriate given the...