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...

  • Pressure mounts on ECB to bring down bond yields

    Pressure mounts on ECB to bring down bond yields

    By Gavin Jones and Sakari Suoninen, Reuters

    ROME/FRANKFURT (Reuters) - France and Italy piled more pressure on the European Central Bank on Tuesday to agree steps this week to reduce crippling borrowing costs for southern euro zone states. But...

  • UK's Cameron keeps Osborne in shuffle of ministers

    UK's Cameron keeps Osborne in shuffle of ministers

    By Matt Falloon and Tim Castle, Reuters

    LONDON (Reuters) - British Prime Minister David Cameron kept unpopular finance minister George Osborne in place on Tuesday in a reshuffle he hopes will revive the Conservative-led government's...

  • ECB faces moment of truth on bond-buying plan

    ECB faces moment of truth on bond-buying plan

    By Sakari Suoninen, Reuters

    FRANKFURT (Reuters) - European Central Bank President Mario Draghi will try to back up his pledge to do "whatever it takes" to save the euro on Thursday, presenting some details of a new bond-buying...

  • ECB faces moment of truth on bond-buying plan

    ECB faces moment of truth on bond-buying plan

    By Sakari Suoninen, Reuters

    FRANKFURT (Reuters) - European Central Bank President Mario Draghi will try to back up his pledge to do "whatever it takes" to save the euro on Thursday, presenting some details of a new bond-buying...

  • Obama on the Defense as Dems Convene in Charlotte

    Four years ago, Barack Obama stood before an adoring Democratic convention crowd in a Denver football field and promised to unite the country and address its economic woes. This week, the beleaguered...