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...

  • Divided Greece "risks social explosion"

    Divided Greece "risks social explosion"

    By Michael Stott, Reuters

    ATHENS (Reuters) - Pro-bailout party New Democracy may have come first in Sunday's Greek election but the radical left anti-austerity SYRIZA bloc was celebrating like the real winner well into the...

  • India stuns, keeps rates steady as growth crumbles

    India stuns, keeps rates steady as growth crumbles

    By Tony Munroe and Suvashree Dey Choudhury, Reuters

    MUMBAI (Reuters) - India's central bank left interest rates and required bank reserves unchanged on Monday, defying widespread expectations for a rate cut and warning that relaxing policy could...

  • G20 backs Europe's overhaul to fight crisis

    G20 backs Europe's overhaul to fight crisis

    By Jeff Mason and Noah Barkin, Reuters

    LOS CABOS, Mexico (Reuters) - Europe won support from world leaders on Tuesday for an ambitious but slow-moving overhaul of the euro zone, even as pressure built in financial markets for quicker...

  • French Socialists vow reforms after big poll win

    French Socialists vow reforms after big poll win

    By Daniel Flynn and Jean-Baptiste Vey, Reuters

    PARIS (Reuters) - A resounding Socialist victory in weekend parliamentary elections will allow President Francois Hollande to press ahead with reforms to tame France's deficit and promote economic...

  • Developing world needs euro crisis defense: Zoellick

    Developing world needs euro crisis defense: Zoellick

    By Reuters

    LONDON (Reuters) - Developing nations must be ready for a severe global financial crisis should the euro zone fail to cope with its current problems, outgoing World Bank chief Robert Zoellick said in...