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...

  • Spain takes over Bankia to fight crisis

    Spain takes over Bankia to fight crisis

    By Carlos Ruano and Jesús Aguado, Reuters

    MADRID (Reuters) - Spain took over Bankia, the country's fourth biggest lender, on Wednesday, trying to dispel concerns over the government's ability to clean up the financial sector four years after...

  • Japan to take over Tepco after Fukushima disaster

    Japan to take over Tepco after Fukushima disaster

    By Yoko Kubota, Reuters

    TOKYO (Reuters) - Tokyo Electric Power Co, Japan's biggest utility and owner of the devastated Fukushima nuclear plant, will be taken over by the government after the country's trade minister on...

  • Exclusive: Chesapeake CEO arranged new $450 million loan from financier

    Exclusive: Chesapeake CEO arranged new $450 million loan from financier

    By Jennifer Ablan, Reuters

    (Reuters) - In the weeks before Chesapeake Energy CEO Aubrey McClendon was stripped of his chairmanship over his personal financial dealings, he arranged an additional $450 million loan from a...

  • Analysis: Public pension fixes face stout legal challenges

    By Jim Christie and Lisa Lambert, Reuters

    SAN FRANCISCO/WASHINGTON (Reuters) - Public employees in San Jose, California's third-largest city, are gearing up for a marathon court battle if local voters approve a measure in June to overhaul...

  • Obama leads Romney, helped by independents

    Obama leads Romney, helped by independents

    By Deborah Charles, Reuters

    WASHINGTON (Reuters) - President Barack Obama extended his lead over Republican challenger Mitt Romney to 7 percentage points because of increased support from independent voters and some optimism...