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...

  • Analysis: New Greek government strikes new course on bailout

    Analysis: New Greek government strikes new course on bailout

    By Karolina Tagaris and Renee Maltezou, Reuters

    ATHENS (Reuters) - Greece's new government has been sounding strangely like its defeated anti-austerity opponents since it came to power this week on a pledge to remain in the euro zone and uphold...

  • Spain may need 62 billion euro to rescue banks

    Spain may need 62 billion euro to rescue banks

    By Julien Toyer and Jesús Aguado, Reuters

    MADRID (Reuters) - Spain's banks would need 51-62 billion euros ($64-78 billion) in extra capital to weather a serious downturn in the economy, less than a 100-billion-euro aid package offered by the...

  • Political Gridlock Will Spur Another Recession

    By Merrill Goozner, The Fiscal Times

    The excesses that led to America’s economic malaise had little to do with politics. Gambling on unsecured derivatives based on triple A-rated bonds composed of subprime loans? It took Wall Street to...

  • German court may delay Europe's new bailout fund

    By Andreas Rinke and Sarah Marsh, Reuters

    BERLIN (Reuters) - The German government and opposition reached a deal on Thursday on growth that will allow parliament to approve the euro zone's permanent bailout scheme next week, but Germany's...

  • Russia's Putin vows reforms, warns on protests

    Russia's Putin vows reforms, warns on protests

    By Timothy Heritage, Reuters

    ST PETERSBURG, Russia (Reuters) - President Vladimir Putin sought to reassure foreign investors on Thursday that Russia was committed to liberal reforms and privatization and signaled to opponents...