Budget Battles
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Sniping Already Starting Over Baltimore Bridge Reconstruction Costs
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New Poll Finds Liberals and Conservatives Agree: Tax the Super-Rich
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Biden Vows US Will Pay to Rebuild Collapsed Baltimore Bridge
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How Congress Wasted ‘Months of Precious Time’ on the 2024 Spending Bills
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Senate Struggles to Avert Shutdown, Speaker Johnson Faces Revolt
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Long-Delayed $1.2 Trillion Spending Package Zooms to the Finish Line
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Debt Will Hit Record High This Decade, CBO Warns
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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, ReutersIn 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...
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Delaware Sues Opioid Manufacturers, Distributors Over Epidemic
By Nate Raymond, Reuters(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...
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Trump's Coal Job Push Stumbles in Most States
By Valerie Volcovici, ReutersWASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...
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Trump Tries to Sell Tax Reform to Democrats
By David Morgan, ReutersWASHINGTON (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...
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Trump's drug czar nominee withdraws from consideration
By Sarah N. Lynch and Makini Brice, ReutersWASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (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...
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U.S. consumer finance agency expected to punish Equifax: lawyers
By Reuters and Patrick RuckerBy Lisa Lambert and Patrick Rucker WASHINGTON (Reuters) - The U.S. consumer finance watchdog agency is expected to punish Equifax for its cyber breach with the wide-ranging powers it has used with...
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U.S. incomes, poverty rate bounce back to pre-recession levels in 2016
By ReutersBy Susan Heavey WASHINGTON (Reuters) - The U.S. poverty rate fell for the second straight year in 2016 while median income rose to an all-time high of $59,000 as the economy made up ground lost...
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No Talk of Ousting Speaker Ryan, Key Conservative Says
By ReutersMany 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...
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Congress sends Trump disaster aid, debt limit increase
By Richard Cowan and Amanda Becker, ReutersWASHINGTON (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...
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Here’s the Problem With All Those Stock Buybacks
By Mark Fahey, CNBCCompanies that haven't spent a single dollar on stock buybacks have performed better than those that have, according to an analysis of FactSet indexes since 2005. At the most basic level, the...
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How Cheap Oil Is Transforming the Saudi Economy
By Nick Cunningham, Oilprice.comThe collapse in oil prices is forcing Saudi Arabia to undertake some deep and fundamental changes to its economy, reforms that no amount of browbeating from organizations like the IMF could induce. A...
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Amazon and 7 Other Companies Tackling the Pay Gap
By Janna HerronOnline retail giant Amazon revealed this week that it found no wage gap among men, women and minorities it employs, following a handful of companies that are analyzing their payrolls for such...
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Why Oil Prices Will Take Another Tumble
The stock market rally since the Feb. 11 low has been predicated on two things. The first was the persistent hope of an OPEC/Russia deal to freeze crude oil supplies. The second was the even more...
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Here’s How the Oil Bust Will Become the Next Boom
By James Stafford, Oilprice.comThe depletion of old oil wells is expected to surpass new sources of supply in 2016, as the ongoing oil price slump puts a long list of oil projects on the shelf. Bloomberg flagged new data from the...