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...

  • The Coming Debt Ceiling Battle Could Cost Billions

    By Eric Pianin and Josh Boak

    The bitter battle between President Obama and congressional Republicans last summer over raising the debt ceiling added at least $1.3 billion to the Treasury’s borrowing costs. What will happen this...

  • Spain slump deepens as bailout fears grow

    Spain slump deepens as bailout fears grow

    By Jesús Aguado and Julien Toyer, Reuters

    MADRID (Reuters) - Spain's economy sank deeper into recession in the second quarter, its central bank said on Monday, as investors spooked by a funding crisis in its regions pushed the country ever...

  • Analysis: Euro exit talk risks self-fulfilling prophecy

    Analysis: Euro exit talk risks self-fulfilling prophecy

    By Paul Taylor, Reuters

    PARIS (Reuters) - To understand the impact of a potential Greek exit from the euro zone, imagine an operating theater inside a betting shop. As surgeons prepare to amputate a gangrened foot to...

  • Greece now in "Great Depression", PM says

    Greece now in "Great Depression", PM says

    By Reuters

    ATHENS (Reuters) - Greece is in a "Great Depression" similar to the American one in the 1930s, the country's Prime Minister Antonis Samaras told former U.S. President Bill Clinton on Sunday. Samaras...

  • Spanish protests swell as jobless march on Madrid

    Spanish protests swell as jobless march on Madrid

    By Sarah White, Reuters

    MADRID (Reuters) - Hundreds of unemployed Spaniards who had walked hundreds of miles to Madrid joined protests on Saturday against Prime Minister Mariano Rajoy's government and its handling of an...