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: Investors cling to cash to guard against euro fallout

    By Jennifer Ablan, Reuters

    (Reuters) - Cash isn't just king. For some money managers, it has become jack, queen and ace, too. With the Greek election failing to eliminate fears about the euro zone's stability and the Chinese...

  • Spain says Europe working towards fiscal union

    By Reuters

    LOS CABOS, Mexico (Reuters) - Spanish Economy Minister Luis de Guindos said on Monday that European leaders are united and working towards fiscal integration as they try to fend off a deepening debt...

  • Obama: Greek election a "positive prospect" for government

    Obama: Greek election a "positive prospect" for government

    By Reuters

    LOS CABOS, Mexico (Reuters) - U.S. President Barack Obama said on Monday the outcome of Greece's election showed a "positive prospect" for the formation of a Greek government that could work well...

  • Spain, Italy demand action as debt pressure mounts

    By Lisa Jucca and Manuel María Ruiz, Reuters

    MILAN/MADRID (Reuters) - Spain called on Monday for the European Central Bank to fight financial market pressures on the euro zone, and Italy said more must be done to shore up the bloc after the...

  • EU says no plan to extend Irish bailout term

    By Reuters

    DUBLIN (Reuters) - Ireland's international lenders are not planning to double the repayment term on parts of its 85 billion euro ($107 billion) bailout, the European Commission said on Monday,...