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...

  • George W. Bush: Too Soon to Forget His Mistakes

    By Bruce Bartlett, The Fiscal Times

    The George W. Bush Presidential Library opened today at Southern Methodist University in Dallas. Simultaneously, Republicans have launched an effort to rehabilitate the former president, who has...

  • Survey: The Middle Class Is Hanging on by a Thread

    After years of nail-biting economic turmoil and towering unemployment, many Americans feel that they are hanging on by a thread financially and most str fearful of sliding backwards into a lower...

  • How $2 Trillion Shadow Economy Fuels the U.S.

    By Mark Koba, CNBC

    The growing underground economy may be helping to prevent the real economy from sinking further, according to analysts. The shadow economy is a system composed of those who can't find a full-time or...

  • Column: BRICs hit the wall - restructure, or recycle?

    Column: BRICs hit the wall - restructure, or recycle?

    By Reuters

    (James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft (Reuters) - It may be time for emerging market investors to acknowledge the truth: the problem is not just...

  • Labor Market Recovery: Still Gas in the Tank

    By Jason Lange, Reuters

    The number of Americans filing new claims for unemployment benefits fell last week by a surprisingly large 16,000, offering reassurance the bottom is not falling out of the labor market despite signs...