Budget Battles
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Key Inflation Measure Falls to Lowest Level Since Early 2021
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Speaker Johnson Promises ‘Massive Reform’ of Healthcare if Trump Wins
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Harris’s Closing Argument: Let's Turn the Page on Trump
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At Incendiary NYC Rally, Trump Floats Another Tax Break
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Bad News for Harris as the Polls Tighten Up
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Trump’s Impossible Tax Cut
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Harris Economic Plan 'Vastly Superior,' 23 Nobel Prize Winners Say
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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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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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The Crisis in Venezuela Could Send Oil Prices Soaring
By Nick Cunningham, Oilprice.comVenezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...
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The Risk That Could Drive Oil Prices Higher in a Hurry
By Nick Cunningham, Oilprice.comThe latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very...
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France Just Made a Big Move Toward a Green Energy Future
By Bate Felix and Simon Carraud, ReutersFrance aims to end the sale of gasoline and diesel vehicles by 2040 and become carbon neutral 10 years later, Ecology Minister Nicolas Hulot said on Thursday at a presentation of measures to keep up...
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Is Cash No Longer King? The Future of Paper Money
By Dana Kornberg, The ConversationOn June 27, the ATM turns 50 . Former U.S. Federal Reserve Chairman Paul Volcker once described it as the “ only useful innovation in banking .” But today, the cash that ATMs dispense may be on the...
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Why Janet Yellen Says We Don't Have to Worry About Another Financial Crisis
By William Schomberg and Marc Jones, ReutersU.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the...
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Why the Global Economy Isn't Even Close to Kicking Its Addiction to Oil
By Robert Rapier, Oilprice.comThe notion that demand for crude oil will soon peak has largely replaced the idea from a decade ago that crude oil production was about to peak for geological reasons. This new idea is that we will...
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A Trillion Dollar Plan to Rebuild the World Makes China the New Global Leader
While most of the world wonders nervously what’s next from the Trump White House, the confident China President Xi Jinping is shifting his bid for global leadership into a full-court press.
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Why We Hate Our Jobs -- and How We Can Learn to Love Work Again
By Jim CliftonWhile the world’s workplace is going through extraordinary change, the practice of management has been frozen in time for more than 30 years.
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Why China Is a Big Part of Tesla’s Future
By Evelyn ChengElon Musk's Tesla is a growing player in China, where the global fight to develop electric, self-driving cars is raging hot. Hong-Kong traded Tencent, a company best known for its WeChat messaging...
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Oil Prices Slide on Growing Worries About OPEC
By Nick Cunningham, Oilprice.comOil prices are heading down again on swelling U.S. crude oil inventories, with Brent dropping below $50 per barrel for the first time this year. The OPEC deal that has taken more than 1 million...
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Why Oil Prices Could Move Sharply Higher by 2020
By AMANDA COOPER, ReutersGlobal oil supply may struggle to match demand after 2020, when the pinch of a two-year decline in investment in new production could leave spare capacity at a 14-year low and send prices sharply...
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China Is Ready to Step into America’s Role as World Leader
By Rob GarverAt a time when President Donald Trump is considering an American withdrawal from a leadership role in global affairs, the Chinese are increasingly willing to pick up the slack. The Chinese state...
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The Rare Metal That’s Soaring as Electric Cars Boom
By Pratima Desai, ReutersInvestors are buying up physical cobalt anticipating that shortages of the metal, a key component of lithium-ion batteries used in electrical cars, will spur prices to their highest levels since the...