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...

  • Yellen takes big step toward taking reins at Fed

    Yellen takes big step toward taking reins at Fed

    By Thomas Ferraro, Reuters

    WASHINGTON (Reuters) - Janet Yellen, an unwavering advocate of the Federal Reserve's aggressive steps to boost the U.S. economy, on Friday took a big step toward becoming the first woman to chair the...

  • Barack Obama and Vladimir Putin

    Top 10 U.S. Foreign Policy Blunders of 2013

    This past year was a tough one for President Obama on a number of fronts. But it was particularly difficult internationally, as the president seemed to lurch from one crisis to the next without an...

  • Putin critic Khodorkovsky in Germany after pardon

    Putin critic Khodorkovsky in Germany after pardon

    By Lidia Kelly and Michelle Martin, Reuters

    MOSCOW/BERLIN (Reuters) - Mikhail Khodorkovsky, the Russian oil tycoon jailed for a decade after posing a challenge to Vladimir Putin, was freed by a presidential pardon on Friday and immediately...

  • S&P cuts EU's AAA rating, European officials dismiss move

    S&P cuts EU's AAA rating, European officials dismiss move

    By Luke Baker, Reuters

    BRUSSELS (Reuters) - Credit agency Standard & Poor's cut its triple-A rating of the European Union by one notch on Friday, saying it had concerns about how the bloc's budget was financed, a view...

  • Yellen takes big step toward taking reins at U.S. Fed

    Yellen takes big step toward taking reins at U.S. Fed

    By Thomas Ferraro, Reuters

    WASHINGTON (Reuters) - Janet Yellen, an unwavering advocate of the Federal Reserve's aggressive steps to boost the U.S. economy, on Friday took a big step toward becoming the first woman to chair the...