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...

  • Italy's Monti warns on contagion, hints at ECB role

    By Robin Emmott and Jan Strupczewski, Reuters

    BRUSSELS (Reuters) - Italy is hugely exposed to the risk of contagion from the debt turmoil in the euro zone, its prime minister said on Thursday, suggesting the European Central Bank might take...

  • ECB, EU officials warn euro's survival at risk

    By Marc Jones and Jan Strupczewski, Reuters

    BRUSSELS (Reuters) - The European Central Bank stepped up pressure on Thursday for a joint guarantee on bank deposits across the euro zone, saying Europe needed new tools to fight bank runs as the...

  • 5 Pitfalls that Could Block Obama’s Reelection

    A month ago, the RNC officially named Mitt Romney its presumptive nominee and signed a partnership agreement to raise funds for the presidential election. The Barack Obama campaign responded by...

  • Rosengren wants more Fed easing; Dudley, Fisher don't

    Rosengren wants more Fed easing; Dudley, Fisher don't

    By Corrie MacLaggan and Ros Krasny, Reuters

    SAN ANTONIO/WORCESTER, Massachusetts (Reuters) - Underscoring the divide at the U.S. Federal Reserve over its next move, Boston Fed President Eric Rosengren on Wednesday called further policy easing...

  • France risks missing 2013 deficit goal, EU Commission says

    By Robin Emmott, Reuters

    BRUSSELS (Reuters) - The European Commission warned France's new Socialist government on Wednesday it was on track to miss next year's deficit goal, prompting Paris to insist its drive for a growth...