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...

  • German Finance Minister Wolfgang Schaeuble attends a news conference at the finance ministry in Berlin, November 6, 2014. REUTERS/Fabrizio Bensch

    Germany disappoints with new investment pledge

    By Holger Hansen and Stephen Brown and Matthias Sobolewski, Reuters

    BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble announced 10 billion euros in additional public investments on Thursday but said Berlin would only splash out more money once it had...

  • The logo of Bulgaria's Corporate Commercial Bank (Corpbank) is seen near a traffic sign in Sofia October 31, 2014.  REUTERS/Stoyan Nenov

    Bulgaria lets Corpbank fail, faces clean-up bill

    By Tsvetelia Tsolova, Reuters

    SOFIA (Reuters) - Bulgaria's central bank has stripped Corporate Commercial Bank of its operating license and asked a court to open insolvency proceedings, snuffing out hopes of a rescue for the...

  • People are reflected in a board showing market indices in Tokyo July 28, 2015.    REUTERS/Thomas Peter

    Euro hits two-year low, yields dip after Draghi comments

    By Chuck Mikolajczak, Reuters

    NEW YORK (Reuters) - The euro slumped to a two-year low and European government bond yields dipped on Thursday after European Central Bank chief Mario Draghi reiterated plans to revive the struggling...

  • The Threat from Saudi Arabia’s Oil Power Play

    By Suzanne McGee, The Fiscal Times

    If it succeeds, Saudi Arabia can dampen investor enthusiasm for shale oil in the U.S. and starve companies of the capital they need, forcing them to shut down wells in response to lower prices.

  • French Finance Minister Michel Sapin addresses a news conference at the finance ministry in Berlin October 20, 2014. REUTERS/Thomas Peter

    Greece needs back-up when bailout ends: France's Sapin

    By Jan Strupczewski, Reuters

    "I think Greece needs us to continue to support it, not in the same way as now, not with the same mechanism ... but France is ready for Europe to continue its support," Michel Sapin told reporters as...