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...

  • Draghi cautious on recovery, says ECB ready to act

    Draghi cautious on recovery, says ECB ready to act

    By Eva Taylor and Sakari Suoninen, Reuters

    FRANKFURT (Reuters) - The European Central Bank said on Thursday it was ready to cut interest rates or pump more money into the euro zone economy if needed to bring money market rates down and help...

  • Lingering uncertainty as Fed officials weigh trimming QE3

    Lingering uncertainty as Fed officials weigh trimming QE3

    By Ann Saphir and David Bailey, Reuters

    PORTLAND, Ore/LA CROSSE, WI (Reuters) - One top Federal Reserve official said on Wednesday he was open-minded about reducing stimulus this month, as investors largely expect the central bank to do,...

  • Merkel's fear: pollsters may get it wrong again

    Merkel's fear: pollsters may get it wrong again

    By Erik Kirschbaum, Reuters

    BERLIN (Reuters) - Eight years ago Angela Merkel stared gloomily at the election results with disbelief when her party crashed to 35.2 percent of the German vote, seven points below the opinion poll...

  • 'Clever' Merkel promises to shield Germany from rivals' taxes

    'Clever' Merkel promises to shield Germany from rivals' taxes

    By Stephen Brown, Reuters

    BERLIN (Reuters) - Angela Merkel urged Germans on Tuesday to re-elect her "clever" government, saying it would shield their businesses and jobs from tax hikes by the center-left. The chancellor,...

  • Putin Taunts Obama Over Syria Ahead of G-20 Meeting

    By Timothy Heritage, Reuters

    Less than three months after Vladimir Putin was cast as a pariah over Syria at the last big meeting of world leaders, the Russian president has glimpsed a chance to turn the tables on Barack Obama.